6255 SW 120th St

Pinecrest, FL 33156 · single_family · For Sale · 55 days on market
Asking price$3,150,000
6 beds 5 baths 5,035 sqft
View on Realtor.com →
Listed by Maria Castro · Compass Florida, LLC
Typesingle_family
Built1959
Price / sqft$626
Est. value (own analysis)$4,914,269
Rent estimate (own analysis)$27,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-09
Removed date
MLSMiamiMLS #A12044722
Coordinates25.66016, -80.29499
Address6255 SW 120th St
CityPinecrest
StateFL
Zip33156
Listing ID5045905197
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33156)

Typical home value (ZHVI)$1,543,591
Typical rent (ZORI)$2,706/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$3,150,000
Down payment (20.0%)$630,000
Loan amount$2,520,000
Closing costs (5.0%)$157,500
Total cash to close$787,500
Rent (comp-derived)$27,000$324,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$324,000
Vacancy rate (assumption) assumption8.0%

$324,000 × 8.0% = $25,920

Effective gross income$24,840$298,080
Property tax (placeholder 1.9% of price)$4,988$59,850
Insurance (placeholder 0.8% of price)$2,100$25,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,350$16,200
Total operating expenses$8,438$101,250
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$298,080
Total operating expenses derived$101,250

$298,080 − $101,250 = $196,830

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$2,520,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$2,520,000 amortized at 6.7% over 30 years = $16,194/mo

CapEx reserve (5.0% of GSR)$1,350$16,200
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$196,830
Annual debt service derived$194,330
Annual CapEx reserve assumption$16,200
Annual PMI assumption$0

($196,830 − $194,330 − $16,200 − $0) ÷ 12 = -$1,142

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$196,830
Purchase price data$3,150,000

$196,830 ÷ $3,150,000 = 6.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$13,700
Total cash to close derived$787,500

-$13,700 ÷ $787,500 = -1.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$196,830
Annual debt service derived$194,330

$196,830 ÷ $194,330 = 1.01

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$324,000
Purchase price data$3,150,000

($324,000 ÷ 12) ÷ $3,150,000 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$3,150,000
Gross scheduled rent (annual) comp$324,000

$3,150,000 ÷ $324,000 = 9.7

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$101,250
Effective gross income derived$298,080

$101,250 ÷ $298,080 = 34.0%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$101,250
Annual debt service derived$194,330
Annual PMI assumption$0
Gross scheduled rent (annual) comp$324,000

($101,250 + $194,330 + $0) ÷ $324,000 = 91.2%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family675,922$27,0002026-08-10
single_family644,282$14,0002026-07-16
single_family675,679$38,0002026-01-29

1410 Tagus Ave

Coral Gables, 33156 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,922
Listed2026-08-10
Days on market

Asking rent: $27,000

View on Zillow →

6065 SW 133rd St Unit 0

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage4,282
Listed2026-07-16
Days on market

Asking rent: $14,000

View on Zillow →

6355 SW 114th St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,679
Listed2026-01-29
Days on market

Asking rent: $38,000

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
6650 SW 123rd Stsingle_family686,848$4,650,0002026-08-12
12510 Ramiro Stsingle_family643,350$2,900,0002026-08-07
9440 SW 62nd Ctsingle_family655,576$5,475,0002026-08-07
6920 SW 124th Stsingle_family685,926$6,500,0002026-07-30
6201 SW 96th Stsingle_family665,922$5,780,0002026-07-30
7750 SW 122nd Stsingle_family653,728$3,100,0002026-07-27
7825 SW 128th Stsingle_family655,349$6,350,0002026-07-15
6801 SW 94th Stsingle_family664,873$4,650,0002026-07-10
5400 Kerwood Oaks Drsingle_family678,765$7,500,0002026-06-26
6065 SW 133rd Stsingle_family644,282$2,360,0002026-06-18
11100 SW 64th Avesingle_family644,074$4,250,0002026-06-17
5770 SW 128th Stsingle_family655,005$3,500,0002026-06-08
555 Arvida Pkwysingle_family6813,147$26,202,6892026-05-29
11155 SW 85th Ctsingle_family674,735$2,394,9902026-05-19
13351 SW 57th Ctsingle_family643,662$1,901,0002026-05-18
8955 SW 63rd Ctsingle_family677,709$8,400,0002026-04-29
5400 Banyan Trlsingle_family686,831$7,675,0002026-04-28
625 Reinante Avesingle_family698,016$47,000,0002026-04-23
10100 Lakeside Drsingle_family678,534$9,050,0002026-04-20
6200 Moss Ranch Rdsingle_family676,609$6,900,0002026-04-17
6480 SW 107th Stsingle_family655,257$3,600,0002026-04-15
6031 SW 88th Stsingle_family676,767$7,350,0002026-04-15
5501 Snapper Creek Rdsingle_family686,562$11,100,0002026-04-01
180 Solano Pradosingle_family686,753$13,000,0002026-03-30
11907 SW 70th Avesingle_family675,848$5,500,0002026-03-19
6830 SW 104th Stsingle_family666,551$7,300,0002026-03-11
10105 SW 71st Avesingle_family643,538$2,995,0002026-03-09
6220 SW 123rd Tersingle_family675,019$3,200,0002026-02-23
6831 SW 106th Stsingle_family698,540$7,202,0002026-02-10

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.

AddressTypeBedsBathsSqftAsking priceDays on market
9001-9143 SW 77th Avemulti_family65$4,500,000
8350 SW 98th Stsingle_family657,953$4,500,000
9840 SW 73rd Ctsingle_family686,841$6,499,000
11011 Marin Stsingle_family645,457$5,999,999
6600 SW 111th Stsingle_family677,563$5,785,000
7830 SW 117th Stsingle_family685,759$5,495,999
7765 SW 133rd Tersingle_family67$2,000,000
6700 SW 132nd Stsingle_family669,454$6,695,000

10-year hold projection

IRR9.8%
Equity multiple2.53x
Total return (10yr)$1,616,486
YearProperty valueNOICash flowLoan balanceEquity
1$3,244,500$196,830-$13,700$2,492,678$751,822
2$3,341,835$203,241-$7,694$2,463,479$878,356
3$3,442,090$209,857-$1,493$2,432,275$1,009,815
4$3,545,353$216,685$4,909$2,398,929$1,146,424
5$3,651,713$223,731$11,518$2,363,292$1,288,421
6$3,761,265$231,001$18,342$2,325,208$1,436,056
7$3,874,103$238,504$25,387$2,284,509$1,589,593
8$3,990,326$246,246$32,659$2,241,016$1,749,310
9$4,110,036$254,236$40,167$2,194,535$1,915,501
10$4,233,337$262,479$47,917$2,144,863$2,088,474
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.