| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $605,000 |
| Down payment (20.0%) | $121,000 |
| Loan amount | $484,000 |
| Closing costs (5.0%) | $30,250 |
| Total cash to close | $151,250 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,961$35,534 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,724$32,691 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $958$11,495 |
| Insurance (est. scaled by flood & wind risk) | $605$7,260 |
| HOA dues | $352$4,224 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $148$1,777 |
| Total operating expenses | $2,063$24,756 |
| 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) | $148$1,777 |
| 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.
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 5630 NW 107th Ave Apt 1611 | condos | 4 | 3 | 1,580 | $522,500 | 2026-05-26 |
| 11505 NW 71st St | condos | 4 | 3 | 2,105 | $670,000 | 2026-05-08 |
| 6405 NW 105th Ct | condos | 4 | 4 | 1,862 | $840,000 | 2026-04-07 |
| 7427 NW 113th Path | condos | 4 | 3 | 2,211 | $715,000 | 2025-12-17 |
| 8401 NW 107th Ct Unit 4-36 | condos | 4 | 3 | 1,507 | $545,000 | 2025-11-21 |
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 |
|---|---|---|---|---|---|---|
| 11351 NW 64th Ter | single_family | 4 | 2 | 2,011 | $1,140,000 | — |
| 8945 NW 98th Ave | single_family | 4 | 3 | 1,783 | $650,000 | — |
| 10776 NW 83rd Ter Unit 1-19 | condos | 4 | 3 | 1,507 | $499,999 | — |
| 11101 NW 72nd Ter | single_family | 4 | 5 | 2,680 | $1,870,000 | — |
| 8542 NW 111th Ct | single_family | 4 | 4 | 2,975 | $900,000 | — |
| 11628 NW 87th Ln Unit 11628 | townhomes | 4 | 3 | 1,912 | $689,900 | — |
| 7651 NW 114th Path | single_family | 4 | 3 | 1,894 | $565,000 | — |
| 11180 NW 73rd St | single_family | 4 | 3 | 2,312 | $965,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $623,150 | $7,935 | -$31,165 | $478,752 | $144,398 |
| 2 | $641,845 | $8,297 | -$30,848 | $473,145 | $168,700 |
| 3 | $661,100 | $8,673 | -$30,517 | $467,151 | $193,948 |
| 4 | $680,933 | $9,063 | -$30,174 | $460,747 | $220,186 |
| 5 | $701,361 | $9,468 | -$29,816 | $453,902 | $247,458 |
| 6 | $722,402 | $9,889 | -$29,445 | $446,588 | $275,814 |
| 7 | $744,074 | $10,326 | -$29,058 | $438,771 | $305,302 |
| 8 | $766,396 | $10,779 | -$28,657 | $430,418 | $335,978 |
| 9 | $789,388 | $11,250 | -$28,239 | $421,491 | $367,897 |
| 10 | $813,069 | $11,738 | -$27,805 | $411,951 | $401,119 |