| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $415,000 |
| Down payment (20.0%) | $83,000 |
| Loan amount | $332,000 |
| Closing costs (5.0%) | $20,750 |
| Total cash to close | $103,750 |
| Income | |
| Rent (comp-derived) | $2,575$30,900 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,369$28,428 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $657$7,885 |
| Insurance (placeholder 0.8% of price) | $277$3,320 |
| HOA dues | $994$11,928 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $129$1,545 |
| Total operating expenses | $2,057$24,678 |
| 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) | $129$1,545 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 3 | 3 | 1,220 | $2,400 | 2026-08-13 | — | |
| condos | 3 | 3 | 1,220 | $2,550 | 2026-08-07 | — | |
| condos | 3 | 3 | 1,220 | $2,600 | 2026-07-25 | — | |
| condos | 3 | 2 | 1,262 | $2,700 | 2026-07-24 | — | |
| condos | 3 | 2 | 1,328 | $2,500 | 2026-07-14 | — | |
| condos | 3 | 3 | 1,220 | $2,600 | 2026-07-04 | — | |
| apartment | 3 | 2 | 1,328 | $2,450 | 2026-06-19 | — | |
| condos | 3 | 2 | 1,337 | $3,000 | 2026-06-17 | — | |
| condos | 3 | 3 | 1,220 | $2,645 | 2026-06-09 | — | |
| condos | 3 | 3 | 1,561 | $3,250 | 2026-05-19 | — | |
| condos | 3 | 2 | 1,206 | $2,350 | 2026-04-06 | — | |
| apartment | 3 | 2 | 1,580 | $3,150 | 2026-08-25 | — | |
| condos | 3 | 3 | 1,220 | $2,500 | 2026-04-23 | — | |
| condos | 3 | 2 | 1,262 | $2,500 | 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 |
|---|---|---|---|---|---|---|
| 6315 SW 138th Ct Unit 6315-4 | condos | 3 | 3 | 1,165 | $340,000 | 2026-08-07 |
| 13045 SW 68th St Apt 111 | condos | 3 | 2 | 1,180 | $330,000 | 2026-08-07 |
| 13522 SW 62nd St Unit H-W | condos | 3 | 2 | 1,167 | $508,000 | 2026-07-30 |
| 6235 SW 135th Ave | condo_townhome_rowhome_coop | 3 | 2 | 1,167 | $515,000 | 2026-07-16 |
| 5900 SW 127th Ave Apt 3311 | condos | 3 | 3 | 1,580 | $320,000 | 2026-07-14 |
| 8650 SW 133rd Ave Rd Apt 213 | condos | 3 | 2 | 1,040 | $275,000 | 2026-07-10 |
| 8400 SW 133rd Ave Rd Apt 107 | condos | 3 | 2 | 1,040 | $235,000 | 2026-07-06 |
| 13700 SW 62nd St Apt 222 | condos | 3 | 2 | 1,262 | $310,000 | 2026-06-30 |
| 14175 SW 87th St Unit C211 | condos | 3 | 2 | 1,328 | $165,000 | 2026-06-23 |
| 6255 Kendale Lakes Cir Unit 128 | condos | 3 | 2 | 1,090 | $315,000 | 2026-06-22 |
| 8400 SW 133rd Ave Rd Apt 118 | condos | 3 | 2 | 1,040 | $237,000 | 2026-06-16 |
| 8540 SW 133rd Ave Rd Apt 112 | condos | 3 | 2 | 1,040 | $285,000 | 2026-06-15 |
| 8650 SW 133rd Ave Rd Apt 314 | condos | 3 | 2 | 1,040 | $255,000 | 2026-06-11 |
| 13700 SW 62nd St Apt 244 | condos | 3 | 2 | 1,262 | $305,000 | 2026-06-11 |
| 6300 SW 138th Ct Apt 205 | condos | 3 | 2 | 1,600 | $335,000 | 2026-05-05 |
| 13521 SW 62nd Ln Unit B | condos | 3 | 2 | 1,395 | $480,000 | 2026-04-30 |
| 5912 SW 137th Ave Unit 2 | condos | 3 | 2 | 1,439 | $400,000 | 2026-04-01 |
| 14180 SW 84th St Apt 205G | condos | 3 | 2 | 1,166 | $240,000 | 2026-03-31 |
| 12736 SW 68th Ln | condo_townhome_rowhome_coop | 3 | 2 | 1,183 | $495,000 | 2026-03-27 |
| 5700 SW 127th Ave Apt 1304 | condos | 3 | 3 | 1,580 | $315,000 | 2026-03-11 |
| 13867 SW 62nd Ter | condos | 3 | 3 | 1,308 | $485,000 | 2026-03-11 |
| 8309 SW 142nd Ave Apt G112 | condos | 3 | 2 | 1,160 | $320,000 | 2026-03-09 |
| 6205 Kendale Lakes Cir Unit 279 | condos | 3 | 3 | 1,220 | $295,000 | 2026-02-18 |
| 13932 Kendale Lakes Dr | condo_townhome_rowhome_coop | 3 | 2 | 1,109 | $449,000 | 2026-02-17 |
| 8600 SW 133rd Ave Rd Apt 107 | condos | 3 | 2 | 1,040 | $205,000 | 2026-02-10 |
| 8400 SW 133rd Ave Rd Apt 202 | condos | 3 | 2 | 1,040 | $230,000 | 2026-02-03 |
| 8500 SW 133rd Ave Rd Apt 123 | condos | 3 | 2 | 1,040 | $210,000 | 2026-01-13 |
| 6651 SW 137th Ct Unit 3B | condos | 3 | 2 | 1,500 | $330,000 | 2026-01-09 |
| 8540 SW 133rd Ave Rd Apt 212 | condos | 3 | 2 | 1,040 | $280,000 | 2026-01-06 |
| 13700 SW 62nd St Apt 205 | condos | 3 | 2 | 1,262 | $212,500 | 2025-12-26 |
| 8420 SW 133rd Ave Rd Unit 219-2 | condos | 3 | 2 | 1,040 | $220,000 | 2025-12-17 |
| 8321 SW 124th Ave Apt 104 | condos | 3 | 3 | 1,743 | $550,000 | 2025-12-17 |
| 13953 Kendale Lakes Cir Unit 605B | condos | 3 | 3 | 1,848 | $320,000 | 2025-12-10 |
| 13953 Kendale Lakes County Rd Unit 305B | condos | 3 | 3 | 1,848 | $420,000 | 2025-12-10 |
| 8700 SW 133rd Ave Rd Apt 218 | condos | 3 | 2 | 1,040 | $220,000 | 2025-11-17 |
| 8420 SW 133rd Ave Rd Apt 212 | condos | 3 | 2 | 1,040 | $258,000 | 2025-10-27 |
| 8650 SW 133rd Ave Rd Apt 323 | condos | 3 | 2 | 1,040 | $271,500 | 2025-10-24 |
| 8420 SW 133rd Ave Rd Apt 419 | condos | 3 | 2 | 1,040 | $220,000 | 2025-10-22 |
| 14249 Kendale Lakes Cir Unit 14249 | condo_townhome_rowhome_coop | 3 | 3 | 1,934 | $480,000 | 2025-10-03 |
| 8420 SW 133rd Ave Rd Apt 112 | condos | 3 | 2 | 1,040 | $220,000 | 2025-09-30 |
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 |
|---|---|---|---|---|---|---|
| 14020 SW 83rd St | single_family | 3 | 2 | 1,472 | $815,000 | — |
| 6466 SW 130th Pl Apt 902 | townhomes | 3 | 2 | 1,150 | $367,000 | — |
| 13863 SW 62nd Ter | townhomes | 3 | 3 | 1,308 | $449,000 | — |
| 6834 SW 127th Pl | townhomes | 3 | 3 | 1,472 | $559,999 | — |
| 8351 SW 124th Ave Apt 106 | condos | 3 | 3 | 1,857 | $520,000 | — |
| 13517 SW 59th Ln | townhomes | 3 | 2 | 1,290 | $469,000 | — |
| 8520 SW 133rd Ave Rd Apt 406 | condos | 3 | 2 | 1,040 | $295,500 | — |
| 11969 SW 81st St | townhomes | 3 | 2 | 1,746 | $595,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $427,450 | $3,750 | -$23,397 | $328,400 | $99,050 |
| 2 | $440,274 | $3,986 | -$23,200 | $324,554 | $115,720 |
| 3 | $453,482 | $4,232 | -$22,994 | $320,443 | $133,039 |
| 4 | $467,086 | $4,489 | -$22,778 | $316,049 | $151,037 |
| 5 | $481,099 | $4,756 | -$22,552 | $311,354 | $169,744 |
| 6 | $495,532 | $5,035 | -$22,315 | $306,337 | $189,195 |
| 7 | $510,398 | $5,326 | -$22,068 | $300,975 | $209,422 |
| 8 | $525,710 | $5,628 | -$21,810 | $295,245 | $230,464 |
| 9 | $541,481 | $5,944 | -$21,541 | $289,122 | $252,359 |
| 10 | $557,725 | $6,273 | -$21,259 | $282,577 | $275,148 |