| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $148,000 |
| Down payment (20.0%) | $29,600 |
| Loan amount | $118,400 |
| Closing costs (5.0%) | $7,400 |
| Total cash to close | $37,000 |
| Income | |
| Rent (comp-derived) | $2,800$33,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,576$30,912 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $234$2,812 |
| Insurance (placeholder 0.8% of price) | $99$1,184 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $140$1,680 |
| Total operating expenses | $473$5,676 |
| Net operating income (NOI) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| CapEx reserve (5.0% of GSR) | $140$1,680 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 3 | 2 | 1,103 | $2,245 | 2026-05-29 | — | |
| single_family | 3 | 1 | 1,027 | $2,110 | — | — | |
| single_family | 3 | 2 | 1,200 | $2,700 | 2026-06-26 | — | |
| single_family | 3 | 1 | 932 | $2,449 | 2026-08-08 | — | |
| single_family | 3 | 2 | 1,029 | $3,500 | 2026-08-05 | — | |
| single_family | 3 | 1 | 1,010 | $2,590 | 2026-06-09 | — | |
| single_family | 3 | 2 | 780 | $2,800 | 2026-08-04 | — | |
| single_family | 3 | 2 | 1,000 | $2,800 | 2026-07-26 | — | |
| single_family | 3 | 2 | 1,164 | $3,000 | 2026-05-12 | — | |
| single_family | 3 | 1 | 912 | $3,700 | 2026-08-19 | — | |
| single_family | 3 | 2 | 1,160 | $3,900 | 2026-06-25 | — | |
| single_family | 3 | 2 | 1,215 | $3,700 | 2026-07-05 | — | |
| single_family | 3 | 2 | 991 | $3,000 | 2026-08-16 | — | |
| single_family | 3 | 1 | 750 | $2,300 | 2026-08-24 | — | |
| single_family | 3 | 2 | 1,200 | $3,100 | — | — | |
| single_family | 3 | 1 | 916 | $2,199 | 2026-08-28 | — | |
| single_family | 3 | 2 | 1,013 | $4,200 | 2026-08-28 | — |
Same ZIP & bedroom count. Closed sales from Realtor.com over the last 12 months, matched to this property's type — real transaction prices, not asking prices. Falls back to Miami-Dade County public records (property appraiser tax roll) when Realtor.com has no sales on file for the area.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 1550 Tyler St | single_family | 3 | 2 | 2,351 | $1,025,000 | 2026-08-31 |
| 2730 Sherman St | single_family | 3 | 2 | 1,620 | $738,000 | 2026-08-26 |
| 2611 Rodman St | single_family | 3 | 2 | — | $456,000 | 2026-08-21 |
| 2104 N 14th Ct | single_family | 3 | 2 | 1,816 | $482,500 | 2026-08-20 |
| 1459 Jefferson St | single_family | 3 | 3 | 2,221 | $1,150,000 | 2026-08-17 |
| 1435 Johnson St | single_family | 3 | 2 | 1,844 | $610,000 | 2026-08-17 |
| 1000 N 17th Ave | single_family | 3 | 2 | 1,106 | $540,000 | 2026-08-10 |
| 2747 Dewey St | single_family | 3 | 1 | 1,284 | $497,000 | 2026-07-28 |
| 2209 N 15th Ave | single_family | 3 | 2 | 1,449 | $495,000 | 2026-07-28 |
| 2060 N 26th Ave | single_family | 3 | 2 | 1,418 | $565,000 | 2026-07-27 |
| 1611 Madison St | single_family | 3 | 2 | 1,244 | $675,000 | 2026-07-23 |
| 2543 Liberty St | single_family | 3 | 2 | 1,615 | $470,000 | 2026-07-23 |
| 2503 Scott St | single_family | 3 | 1 | 963 | $397,000 | 2026-07-22 |
| 2711 Adams St | single_family | 3 | 2 | 1,054 | $440,000 | 2026-07-22 |
| 2924 Dewey St | single_family | 3 | 2 | 2,056 | $350,000 | 2026-07-17 |
| 1010 N 16th Ave | single_family | 3 | 2 | 1,493 | $566,500 | 2026-07-15 |
| 1425 S 24th Ave | single_family | 3 | 2 | 1,486 | $295,700 | 2026-07-14 |
| 1224 N 26th Ave | single_family | 3 | 2 | 1,407 | $427,000 | 2026-07-06 |
| 2716 Polk St | single_family | 3 | 2 | 1,736 | $499,000 | 2026-07-02 |
| 1551 Tyler St | single_family | 3 | 2 | 1,680 | $535,000 | 2026-06-30 |
| 1612 Funston St | single_family | 3 | 2 | 1,927 | $690,100 | 2026-06-26 |
| 2511 McKinley St | single_family | 3 | 2 | 1,132 | $370,000 | 2026-06-23 |
| 2729 Harding St | single_family | 3 | 3 | 1,528 | $648,000 | 2026-06-19 |
| 1550 N Trafalgar Cir | single_family | 3 | 3 | 1,399 | $475,000 | 2026-06-18 |
| 2503 Wiley St | single_family | 3 | 2 | 1,212 | $427,000 | 2026-06-17 |
| 2827 McKinley St | single_family | 3 | 2 | 1,387 | $730,000 | 2026-06-17 |
| 2307 Wilson St | single_family | 3 | 2 | 1,324 | $425,000 | 2026-06-17 |
| 2704 Cleveland St | single_family | 3 | 2 | 1,725 | $710,000 | 2026-06-12 |
| 1540 Fletcher St | single_family | 3 | 2 | 1,729 | $560,000 | 2026-06-11 |
| 815 S 26th Ct | single_family | 3 | 2 | 1,752 | $380,350 | 2026-06-09 |
| 1215 S 24th Ave | single_family | 3 | 1 | 1,092 | $460,000 | 2026-06-09 |
| 2336 Hope St | single_family | 3 | 2 | — | $438,000 | 2026-06-08 |
| 2447 Wilson St | single_family | 3 | 2 | 1,126 | $485,000 | 2026-06-05 |
| 1015 S 14th Ave | single_family | 3 | 4 | 2,186 | $1,100,000 | 2026-06-03 |
| 2530 McKinley St | single_family | 3 | 2 | 1,365 | $447,000 | 2026-06-01 |
| 1609 S 23rd Ave | single_family | 3 | 2 | 1,355 | $400,000 | 2026-06-01 |
| 1212 S 26th Ave | single_family | 3 | 2 | 1,736 | $440,000 | 2026-06-01 |
| 1609 S 25th Ave | single_family | 3 | 2 | 867 | $375,000 | 2026-05-29 |
| 1438 Fletcher St | single_family | 3 | 3 | 1,928 | $630,000 | 2026-05-28 |
| 1517 Moffett St | single_family | 3 | 2 | 1,392 | $585,000 | 2026-05-28 |
| 906 S 26th Ave | single_family | 3 | 2 | 1,285 | $510,000 | 2026-05-21 |
| 805 N 29th Ave | single_family | 3 | 1 | 1,235 | $365,000 | 2026-05-14 |
| 2241 Hope St | single_family | 3 | 2 | 1,290 | $525,000 | 2026-05-14 |
| 2856 N Funston St | single_family | 3 | 2 | 1,482 | $515,000 | 2026-05-13 |
| 1919 Sherman St | single_family | 3 | 2 | 1,975 | $597,200 | 2026-05-12 |
| 2447 McKinley St | single_family | 3 | 2 | 1,075 | $400,000 | 2026-05-12 |
| 1628 Arthur St | single_family | 3 | 2 | 1,178 | $599,800 | 2026-05-11 |
| 1547 Harrison St | single_family | 3 | 2 | 1,270 | $515,000 | 2026-05-08 |
| 2542 Coolidge St | single_family | 3 | 2 | 980 | $430,000 | 2026-05-06 |
| 2462 Washington St | single_family | 3 | 2 | 1,155 | $425,000 | 2026-05-06 |
Same ZIP. Other properties currently for sale nearby — asking prices, not closed sale prices. Not a price comp; see Sold comps for actual transaction history.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 1302 S 23rd Ave | single_family | 3 | 2 | 1,580 | $450,000 | — |
| 2260 Charleston St | single_family | 3 | 2 | 1,690 | $490,000 | — |
| 2431 Mayo St | single_family | 3 | 2 | 1,030 | $420,000 | — |
| 527 S 28th Ave | single_family | 3 | 2 | 1,570 | $5,000 | — |
| 2901 Fletcher St | single_family | 3 | 2 | 956 | $365,000 | — |
| 910 N 14th Ct | single_family | 3 | 3 | 2,433 | $749,000 | — |
| 2647 Pierce St | multi_family | 3 | 3 | 1,591 | $625,000 | — |
| 2511 Pierce St Unit 2 | townhomes | 3 | 3 | 1,500 | $535,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $152,440 | $25,236 | $14,426 | $117,116 | $35,324 |
| 2 | $157,013 | $26,021 | $15,169 | $115,744 | $41,269 |
| 3 | $161,724 | $26,831 | $15,936 | $114,278 | $47,445 |
| 4 | $166,575 | $27,666 | $16,726 | $112,712 | $53,864 |
| 5 | $171,573 | $28,526 | $17,542 | $111,037 | $60,535 |
| 6 | $176,720 | $29,414 | $18,382 | $109,248 | $67,472 |
| 7 | $182,021 | $30,328 | $19,249 | $107,336 | $74,686 |
| 8 | $187,482 | $31,271 | $20,143 | $105,292 | $82,190 |
| 9 | $193,106 | $32,243 | $21,065 | $103,108 | $89,998 |
| 10 | $198,900 | $33,245 | $22,016 | $100,775 | $98,125 |