| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $410,000 |
| Down payment (20.0%) | $82,000 |
| Loan amount | $328,000 |
| Closing costs (5.0%) | $20,500 |
| Total cash to close | $102,500 |
| Income | |
| Rent (comp-derived) | $2,725$32,700 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,507$30,084 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $649$7,790 |
| Insurance (placeholder 0.8% of price) | $273$3,280 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $136$1,635 |
| Total operating expenses | $1,059$12,705 |
| 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) | $136$1,635 |
| 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 | 2 | 1 | 811 | $2,650 | 2026-07-29 | — | |
| single_family | 2 | 1 | 810 | $1,695 | 2026-07-01 | — | |
| single_family | 2 | 2 | 940 | $2,850 | 2026-08-24 | — | |
| single_family | 2 | 1 | 787 | $2,800 | 2026-06-07 | — |
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 |
|---|---|---|---|---|---|---|
| 14370 NW 21st Ct | single_family | 2 | 1 | 594 | $367,000 | 2026-08-14 |
| 3100 NW 162nd St | single_family | 2 | 1 | 1,704 | $390,000 | 2026-08-03 |
| 1145 Sharar Ave | single_family | 2 | 1 | 1,160 | $300,000 | 2026-07-22 |
| 2001 Rutland St | single_family | 2 | 1 | 594 | $390,000 | 2026-07-21 |
| 15815 NW 19th Ave | single_family | 2 | 1 | 720 | $378,500 | 2026-07-16 |
| 2445 NW 162nd Ter | single_family | 2 | 1 | 998 | $455,000 | 2026-07-13 |
| 2440 NW 152nd Ter | single_family | 2 | 1 | 962 | $400,000 | 2026-07-03 |
| 2241 Rutland St | single_family | 2 | 1 | 594 | $310,000 | 2026-06-24 |
| 16435 NW 162nd Street Rd | single_family | 2 | 1 | 1,110 | $375,000 | 2026-06-05 |
| 2521 NW 151st St | single_family | 2 | 1 | 720 | $335,000 | 2026-06-05 |
| 515 Golf Course Blvd | single_family | 2 | 1 | 809 | $390,000 | 2026-06-02 |
| 1236 Rutland St | single_family | 2 | 1 | 840 | $410,000 | 2026-06-01 |
| 180 Seaman Ave | single_family | 2 | 1 | 862 | $425,000 | 2026-06-01 |
| 2481 NW 139th St | single_family | 2 | 1 | 864 | $450,000 | 2026-05-28 |
| 14135 NW 22nd Pl | single_family | 2 | 1 | 690 | $345,000 | 2026-05-20 |
| 535 Harem Ave | single_family | 2 | 2 | 1,027 | $439,000 | 2026-05-19 |
| 2080 Service Rd | single_family | 2 | 1 | 594 | $269,000 | 2026-05-18 |
| 1951 Rutland St | single_family | 2 | 1 | 1,049 | $395,000 | 2026-05-14 |
| 15955 NW 21st Ave | single_family | 2 | 1 | 800 | $450,000 | 2026-05-14 |
| 510 Douglas Rd | single_family | 2 | 1 | 1,012 | $380,000 | 2026-04-24 |
| 1206 Rutland St | single_family | 2 | 1 | 780 | $382,000 | 2026-04-24 |
| 2111 York St | single_family | 2 | 1 | 754 | $350,000 | 2026-04-14 |
| 2210 NW 155th St | single_family | 2 | 1 | 720 | $360,000 | 2026-04-10 |
| 2455 NW 161st St | single_family | 2 | 1 | 720 | $390,000 | 2026-04-06 |
| 16300 NW 19th Ave | single_family | 2 | 1 | 960 | $450,000 | 2026-03-30 |
| 15600 NW 157th Street Rd | single_family | 2 | 1 | 1,110 | $420,000 | 2026-03-27 |
| 2201 NW 166th St | single_family | 2 | 1 | 1,008 | $389,000 | 2026-03-20 |
| 1240 Peri St | single_family | 2 | 1 | 1,616 | $560,000 | 2026-03-12 |
| 2421 NW 152nd St | single_family | 2 | 1 | 840 | $385,000 | 2026-02-09 |
| 16440 NW 23rd Ct | single_family | 2 | 1 | 1,084 | $330,000 | 2026-01-16 |
| 1467 NW 154th St | single_family | 2 | 1 | 837 | $422,000 | 2025-12-22 |
| 2060 Rutland St | single_family | 2 | 1 | 594 | $325,000 | 2025-11-24 |
| 1981 Rutland St | single_family | 2 | 1 | 699 | $320,000 | 2025-11-18 |
| 2360 Service Rd | single_family | 2 | 1 | 699 | $360,000 | 2025-09-18 |
| 1330 Dunad Ave | single_family | 2 | 1 | 1,521 | $238,000 | 2025-09-16 |
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 |
|---|---|---|---|---|---|---|
| 16400 NW 23rd Ct | single_family | 2 | 1 | 720 | $400,000 | — |
| 15300 Railroad Dr | single_family | 2 | 1 | 875 | $385,000 | — |
| 755 Harem Ave | single_family | 2 | 1 | 1,253 | $480,000 | — |
| 2365 NW 155th St | single_family | 2 | 1 | 750 | $365,000 | — |
| 4050 NW 135th St Unit 5-1 | condos | 2 | 1 | 800 | $179,999 | — |
| 1250 Sharazad Blvd | single_family | 2 | 1 | 864 | $429,000 | — |
| 1120 Opa Locka Blvd | single_family | 2 | 1 | 780 | $375,000 | — |
| 2450 NW 157th Street Rd | single_family | 2 | 1 | 720 | $435,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $422,300 | $17,379 | -$9,550 | $324,444 | $97,856 |
| 2 | $434,969 | $17,964 | -$9,006 | $320,643 | $114,326 |
| 3 | $448,018 | $18,568 | -$8,444 | $316,582 | $131,436 |
| 4 | $461,459 | $19,192 | -$7,863 | $312,241 | $149,217 |
| 5 | $475,302 | $19,836 | -$7,263 | $307,603 | $167,700 |
| 6 | $489,561 | $20,501 | -$6,643 | $302,646 | $186,916 |
| 7 | $504,248 | $21,188 | -$6,002 | $297,349 | $206,900 |
| 8 | $519,376 | $21,897 | -$5,340 | $291,687 | $227,688 |
| 9 | $534,957 | $22,630 | -$4,656 | $285,637 | $249,320 |
| 10 | $551,006 | $23,386 | -$3,950 | $279,172 | $271,834 |