| Acquisition (one-time, not monthly/yearly) | |
| 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 |
| Income | |
| Rent (comp-derived) | $27,000$324,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $24,840$298,080 |
| Operating expenses | |
| 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) | |
| Debt service & reserves | |
| Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing) | |
| 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 |
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 | 6 | 7 | 5,922 | $27,000 | 2026-08-10 | — | |
| single_family | 6 | 4 | 4,282 | $14,000 | 2026-07-16 | — | |
| single_family | 6 | 7 | 5,679 | $38,000 | 2026-01-29 | — |
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 |
|---|---|---|---|---|---|---|
| 6650 SW 123rd St | single_family | 6 | 8 | 6,848 | $4,650,000 | 2026-08-12 |
| 12510 Ramiro St | single_family | 6 | 4 | 3,350 | $2,900,000 | 2026-08-07 |
| 9440 SW 62nd Ct | single_family | 6 | 5 | 5,576 | $5,475,000 | 2026-08-07 |
| 6920 SW 124th St | single_family | 6 | 8 | 5,926 | $6,500,000 | 2026-07-30 |
| 6201 SW 96th St | single_family | 6 | 6 | 5,922 | $5,780,000 | 2026-07-30 |
| 7750 SW 122nd St | single_family | 6 | 5 | 3,728 | $3,100,000 | 2026-07-27 |
| 7825 SW 128th St | single_family | 6 | 5 | 5,349 | $6,350,000 | 2026-07-15 |
| 6801 SW 94th St | single_family | 6 | 6 | 4,873 | $4,650,000 | 2026-07-10 |
| 5400 Kerwood Oaks Dr | single_family | 6 | 7 | 8,765 | $7,500,000 | 2026-06-26 |
| 6065 SW 133rd St | single_family | 6 | 4 | 4,282 | $2,360,000 | 2026-06-18 |
| 11100 SW 64th Ave | single_family | 6 | 4 | 4,074 | $4,250,000 | 2026-06-17 |
| 5770 SW 128th St | single_family | 6 | 5 | 5,005 | $3,500,000 | 2026-06-08 |
| 555 Arvida Pkwy | single_family | 6 | 8 | 13,147 | $26,202,689 | 2026-05-29 |
| 11155 SW 85th Ct | single_family | 6 | 7 | 4,735 | $2,394,990 | 2026-05-19 |
| 13351 SW 57th Ct | single_family | 6 | 4 | 3,662 | $1,901,000 | 2026-05-18 |
| 8955 SW 63rd Ct | single_family | 6 | 7 | 7,709 | $8,400,000 | 2026-04-29 |
| 5400 Banyan Trl | single_family | 6 | 8 | 6,831 | $7,675,000 | 2026-04-28 |
| 625 Reinante Ave | single_family | 6 | 9 | 8,016 | $47,000,000 | 2026-04-23 |
| 10100 Lakeside Dr | single_family | 6 | 7 | 8,534 | $9,050,000 | 2026-04-20 |
| 6200 Moss Ranch Rd | single_family | 6 | 7 | 6,609 | $6,900,000 | 2026-04-17 |
| 6480 SW 107th St | single_family | 6 | 5 | 5,257 | $3,600,000 | 2026-04-15 |
| 6031 SW 88th St | single_family | 6 | 7 | 6,767 | $7,350,000 | 2026-04-15 |
| 5501 Snapper Creek Rd | single_family | 6 | 8 | 6,562 | $11,100,000 | 2026-04-01 |
| 180 Solano Prado | single_family | 6 | 8 | 6,753 | $13,000,000 | 2026-03-30 |
| 11907 SW 70th Ave | single_family | 6 | 7 | 5,848 | $5,500,000 | 2026-03-19 |
| 6830 SW 104th St | single_family | 6 | 6 | 6,551 | $7,300,000 | 2026-03-11 |
| 10105 SW 71st Ave | single_family | 6 | 4 | 3,538 | $2,995,000 | 2026-03-09 |
| 6220 SW 123rd Ter | single_family | 6 | 7 | 5,019 | $3,200,000 | 2026-02-23 |
| 6831 SW 106th St | single_family | 6 | 9 | 8,540 | $7,202,000 | 2026-02-10 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 9001-9143 SW 77th Ave | multi_family | 6 | 5 | — | $4,500,000 | — |
| 8350 SW 98th St | single_family | 6 | 5 | 7,953 | $4,500,000 | — |
| 9840 SW 73rd Ct | single_family | 6 | 8 | 6,841 | $6,499,000 | — |
| 11011 Marin St | single_family | 6 | 4 | 5,457 | $5,999,999 | — |
| 6600 SW 111th St | single_family | 6 | 7 | 7,563 | $5,785,000 | — |
| 7830 SW 117th St | single_family | 6 | 8 | 5,759 | $5,495,999 | — |
| 7765 SW 133rd Ter | single_family | 6 | 7 | — | $2,000,000 | — |
| 6700 SW 132nd St | single_family | 6 | 6 | 9,454 | $6,695,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 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 |