2140 Monroe Ter

Hollywood, FL 33020 · multi_family · For Sale · 47 days on market
Asking price$524,999
— beds — baths 1,723 sqft
View on Realtor.com →
Listed by Luis Gonzalez · Coldwell Banker Realty
Typemulti_family
Built1953
Price / sqft$305
Est. value (own analysis)$595,176
Rent estimate (building total, own analysis)$4,721/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeFlood4/10moderate$Air2/10MinorWildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-07-17
Removed date
MLSMiamiMLS #A12055604
Coordinates26.00682, -80.15077
Address2140 Monroe Ter
CityHollywood
StateFL
Zip33020
Listing ID5111141810
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33020)

No market data analyzed yet for ZIP 33020.

Analyze ZIP 33020 (≥1 of 50 per our log, shared with every property in this ZIP)

Underwriting (buy-and-hold, default assumptions)

Purchase price$524,999
Down payment (20.0%)$105,000
Loan amount$419,999
Closing costs (5.0%)$26,250
Total cash to close$131,250
Rent (estimate)$4,721$56,652
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$56,652
Vacancy rate (assumption) assumption8.0%

$56,652 × 8.0% = $4,532

Effective gross income$4,343$52,120
Property tax (placeholder 1.9% of price)$831$9,975
Insurance (est. scaled by flood & wind risk)$560$6,720
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$236$2,833
Total operating expenses$1,627$19,528
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$52,120
Total operating expenses derived$19,528

$52,120 − $19,528 = $32,592

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$419,999
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$419,999 amortized at 6.7% over 30 years = $2,699/mo

CapEx reserve (5.0% of GSR)$236$2,833
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$32,592
Annual debt service derived$32,388
Annual CapEx reserve assumption$2,833
Annual PMI assumption$0

($32,592 − $32,388 − $2,833 − $0) ÷ 12 = -$219

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$32,592
Purchase price data$524,999

$32,592 ÷ $524,999 = 6.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$2,628
Total cash to close derived$131,250

-$2,628 ÷ $131,250 = -2.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$32,592
Annual debt service derived$32,388

$32,592 ÷ $32,388 = 1.01

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$56,652
Purchase price data$524,999

($56,652 ÷ 12) ÷ $524,999 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$524,999
Gross scheduled rent (annual) comp$56,652

$524,999 ÷ $56,652 = 9.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$19,528
Effective gross income derived$52,120

$19,528 ÷ $52,120 = 37.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$19,528
Annual debt service derived$32,388
Annual PMI assumption$0
Gross scheduled rent (annual) comp$56,652

($19,528 + $32,388 + $0) ÷ $56,652 = 91.6%

Comparables

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

No active rental listings cached yet for this bedroom count.

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
2419-2421 Johnson St Units 2419 & 2421multi_family542,287$590,0002026-08-19
1633 Tyler St # 1-2multi_family02,400$1,230,0002026-08-10
2140 Monroe Stmulti_family09,054$2,300,0002026-08-10
1936 Washington St # Nmulti_family01,940$690,0002026-08-07
1807 N 17th Ave # 1-4multi_family542,733$950,0002026-08-06
1116 S 17th Avemulti_family552,688$720,0002026-07-17
316 N 28th Avemulti_family3,266$575,0002026-07-01
1618 Harding Stmulti_family331,716$475,0002026-06-25
2242 Taylor Stmulti_family231,500$520,0002026-06-15
2030 Taylor Stmulti_family1,370$1,1502026-06-01
1400 N 17th Avemulti_family222612,752$4,362,5002026-05-29
2306 Simms St # 1-2multi_family421,500$470,0002026-05-27
2440 Hayes Stmulti_family3,450$799,0002026-05-25
2306 Simms Stmulti_family1,536$470,0002026-05-21
1956 Madison Stmulti_family1,593$568,0002026-05-12
1512 Harrison St # 1-9multi_family05,374$1,018,7002026-05-11
1929 Roosevelt St # 1-5multi_family743,237$1,650,0002026-05-07
1323 N Federal Hwymulti_family984,829$1,200,0002026-04-21
611 S 24th Avemulti_family36496$1,245,0002026-04-20
2226 Taylor Stmulti_family442,030$573,0002026-04-13
2235 Coolidge Stmulti_family221,612$585,0002026-04-08
2535 Lincoln Stmulti_family53,200$990,0002026-04-01
2463 Pierce Stmulti_family221,423$965,0002026-03-25
2459 Pierce Stmulti_family2,960$965,0002026-03-20
2516 Cleveland Stmulti_family311,517$608,0002026-03-18
2314 Polk Stmulti_family01,050$2,900,0002026-03-16
2314 Polk Stmulti_family7,632$2,900,0002026-03-12
2229-31 Farragut Stmulti_family1,320$460,0002026-03-11
2516 Cleveland Stmulti_family2,113$608,0002026-03-10
2020 Washington St Apt 1multi_family884,095$1,720,0002026-02-26
1310 N 24th Avemulti_family1,718$550,0002026-02-26
1640 McKinley Stmulti_family218,203$2,925,0002026-02-20
1640 McKinley Stmulti_family8,203$2,925,0002026-02-20
1700 Hayes Stmulti_family331,740$2,700,0002026-02-19
1018 N 17th Avemulti_family743,950$2,700,0002026-02-19
1014 N 17th Avemulti_family221,518$2,700,0002026-02-19
1828 Plunkett Stmulti_family5,017$540,0002026-02-09
1960 Rodman St # 1-10multi_family02,535$572,0002026-02-06
2100 N 14th Avemulti_family1,784$660,0002026-01-21
1909-1911 Mayo Stmulti_family1,676$590,0002026-01-20
1923 Roosevelt Stmulti_family3,733$620,0002026-01-19
1114 N 17th Ctmulti_family01,854$575,0002026-01-15
2245 Sheridan Stmulti_family01,500$505,0002026-01-01
1621 Van Buren Stmulti_family104,622$2,100,0002025-12-23
1931 Pierce St # 1-3multi_family322,850$862,5002025-12-22
1505 Washington Stmulti_family12123,692$2,265,0002025-12-19
1621 Van Buren Stmulti_family5,058$2,100,0002025-12-18
1629 Mayo St # 1-2multi_family01,351$465,0002025-12-04
2114 Roosevelt Stmulti_family01,626$500,0002025-11-06
2435 Wilson Stmulti_family1,111$485,0002025-10-28

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.

No other cached listings nearby for this bedroom count yet.

10-year hold projection

IRR9.6%
Equity multiple2.51x
Total return (10yr)$266,184
YearProperty valueNOICash flowLoan balanceEquity
1$540,749$32,592-$2,628$415,445$125,304
2$556,971$33,668-$1,624$410,579$146,392
3$573,681$34,778-$586$405,378$168,302
4$590,891$35,924$485$399,821$191,070
5$608,618$37,107$1,592$393,881$214,737
6$626,876$38,328$2,735$387,534$239,342
7$645,683$39,588$3,915$380,751$264,932
8$665,053$40,889$5,134$373,502$291,551
9$685,005$42,232$6,392$365,755$319,250
10$705,555$43,618$7,692$357,476$348,079
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.