1345 W 41st St Apt 6

Hialeah, FL 33012 · townhomes · Pending — under contract · 33 days on market
Asking price$295,000
2 beds 2 baths 852 sqft
Suggested offer$253,339$41,661 above the est. market value of $253,339.
View on Realtor.com →
Listed by Alejandro Infante Vidal · Premium Estates Realty Corp
Typetownhomes
Built1984
Price / sqft$346
Est. value (own analysis)$253,339
Rent estimate (own analysis)$2,325/mo
HOA$276/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-31
Removed date
MLSMiamiMLS #A12062913
Coordinates25.85917, -80.30973
Address1345 W 41st St Apt 6
CityHialeah
StateFL
Zip33012
Listing ID5141254223
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33012)

Typical home value (ZHVI)$385,585
Typical rent (ZORI)$2,270/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$295,000
Down payment (20.0%)$59,000
Loan amount$236,000
Closing costs (5.0%)$14,750
Total cash to close$73,750
Rent (comp-derived)$2,325$27,900
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$27,900
Vacancy rate (assumption) assumption8.0%

$27,900 × 8.0% = $2,232

Effective gross income$2,139$25,668
Property tax (placeholder 1.9% of price)$467$5,605
Insurance (placeholder 0.8% of price)$197$2,360
HOA dues$276$3,312
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$116$1,395
Total operating expenses$1,056$12,672
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$25,668
Total operating expenses derived$12,672

$25,668 − $12,672 = $12,996

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$236,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$236,000 amortized at 6.7% over 30 years = $1,517/mo

CapEx reserve (5.0% of GSR)$116$1,395
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$12,996
Annual debt service derived$18,199
Annual CapEx reserve assumption$1,395
Annual PMI assumption$0

($12,996 − $18,199 − $1,395 − $0) ÷ 12 = -$550

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$12,996
Purchase price data$295,000

$12,996 ÷ $295,000 = 4.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$6,598
Total cash to close derived$73,750

-$6,598 ÷ $73,750 = -8.9%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$12,996
Annual debt service derived$18,199

$12,996 ÷ $18,199 = 0.71

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$27,900
Purchase price data$295,000

($27,900 ÷ 12) ÷ $295,000 = 0.8%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$295,000
Gross scheduled rent (annual) comp$27,900

$295,000 ÷ $27,900 = 10.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$12,672
Effective gross income derived$25,668

$12,672 ÷ $25,668 = 49.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$12,672
Annual debt service derived$18,199
Annual PMI assumption$0
Gross scheduled rent (annual) comp$27,900

($12,672 + $18,199 + $0) ÷ $27,900 = 110.6%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes22820$2,4002026-07-15
townhomes231,122$2,2002026-05-27
townhomes221,000$2,4902026-05-26
townhomes23871$2,2502026-09-01

5810 W 18th Ln Apt 101

Hialeah, 33012 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage820
Listed2026-07-15
Days on market

Asking rent: $2,400

View on Zillow →

4424 W 12th Ln Unit 7

Hialeah, 33012 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,122
Listed2026-05-27
Days on market

Asking rent: $2,200

View on Zillow →

1705 W 57th St Unit 506

Hialeah, 33012 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,000
Listed2026-05-26
Days on market

Asking rent: $2,490

View on Zillow →

3973 W 9th Ln Unit 3

Hialeah, 33012 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage871
Listed2026-09-01
Days on market

Asking rent: $2,250

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
4079 W 9th Ln Unit 74townhomes22871$300,0002026-06-29
1750 W 57th Tertownhomes221,093$325,0002026-06-09
4372 W 11th Ln Unit 30townhomes221,208$295,0002026-04-13

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
291 W 47th Stsingle_family211,406$600,000
1725 W 60th St Apt F202condos22926$225,000
6125 W 20th Ave Apt 302condos22900$245,000
1820 W 53rd St Apt 518condos22796$245,000
1825 W 44th Pl Apt 401condos22978$250,000
4198 W 10th Avesingle_family221,298$450,000
condos21802$199,900
1230 W 54th St Apt 329Acondos22915$255,000

10-year hold projection

IRR4.5%
Equity multiple1.71x
Total return (10yr)$91,252
YearProperty valueNOICash flowLoan balanceEquity
1$303,850$12,996-$6,598$233,441$70,409
2$312,966$13,449-$6,180$230,707$82,259
3$322,354$13,918-$5,747$227,785$94,570
4$332,025$14,402-$5,300$224,662$107,364
5$341,986$14,902-$4,837$221,324$120,662
6$352,245$15,419-$4,358$217,758$134,488
7$362,813$15,953-$3,864$213,946$148,867
8$373,697$16,505-$3,352$209,873$163,824
9$384,908$17,076-$2,823$205,520$179,388
10$396,455$17,665-$2,276$200,868$195,587
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.