| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $650,000 |
| Down payment (20.0%) | $130,000 |
| Loan amount | $520,000 |
| Closing costs (5.0%) | $32,500 |
| Total cash to close | $162,500 |
| Income | |
| Rent (comp-derived) | $6,500$78,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,980$71,760 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,029$12,350 |
| Insurance (placeholder 0.8% of price) | $433$5,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $325$3,900 |
| Total operating expenses | $1,788$21,450 |
| 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) | $325$3,900 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 3 | 1,986 | $12,900 | 2026-08-20 | — | |
| single_family | 5 | 4 | 2,452 | $21,000 | 2026-08-17 | — | |
| single_family | 5 | 2 | 2,184 | $4,370 | 2026-08-14 | — | |
| single_family | 5 | 4 | 2,368 | $16,000 | 2026-08-12 | — | |
| single_family | 5 | 3 | 2,009 | $5,600 | 2026-08-06 | — | |
| single_family | 5 | 3 | 2,592 | $14,000 | 2026-07-27 | — | |
| single_family | 5 | 4 | 1,986 | $6,500 | 2026-07-08 | — | |
| single_family | 5 | 3 | 2,495 | $6,500 | 2026-07-02 | — | |
| single_family | 5 | 2 | 1,747 | $3,600 | 2026-06-24 | — | |
| single_family | 5 | 4 | 2,092 | $9,500 | 2026-06-16 | — | |
| single_family | 5 | 3 | 2,455 | $6,400 | 2026-05-29 | — | |
| single_family | 5 | 3 | 2,588 | $6,000 | 2026-05-27 | — | |
| single_family | 5 | 3 | 2,091 | $6,999 | 2026-05-11 | — | |
| single_family | 5 | 3 | 1,462 | $5,000 | 2026-04-29 | — | |
| single_family | 5 | 3 | 1,940 | $18,000 | 2026-08-25 | — | |
| single_family | 5 | 3 | 1,970 | $6,850 | 2025-10-28 | — | |
| single_family | 5 | 3 | 2,189 | $12,000 | 2026-04-02 | — | |
| single_family | 5 | 4 | 2,150 | $8,500 | 2025-11-25 | — | |
| single_family | 5 | 3 | 2,702 | $5,500 | — | — | |
| single_family | 5 | 2 | 1,974 | $5,000 | — | — | |
| single_family | 5 | 2 | 1,500 | $4,400 | — | — | |
| single_family | 5 | 4 | 2,470 | $7,500 | — | — | |
| single_family | 5 | 3 | 1,752 | $5,800 | — | — | |
| single_family | 5 | 3 | 2,442 | $6,500 | 2026-08-30 | — | |
| single_family | 5 | 2 | 1,898 | $5,700 | 2026-08-31 | — | |
| single_family | 5 | 4 | 2,194 | $12,500 | 2026-09-01 | — | |
| single_family | 5 | 3 | 2,602 | $9,000 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 8841 NW 14th Ave | single_family | 5 | 3 | 1,824 | $725,000 | 2026-08-26 |
| 8200 NW 34th Ave | single_family | 5 | 3 | 1,653 | $605,000 | 2026-08-12 |
| 2340 NW 99th Ter | single_family | 5 | 3 | 1,455 | $520,000 | 2026-07-27 |
| 3271 NW 102nd St | single_family | 5 | 3 | — | $625,000 | 2026-07-24 |
| 1943 NW 72nd St | single_family | 5 | 3 | — | $460,000 | 2026-05-12 |
| 9590 NW 33rd Ave | single_family | 5 | 4 | 1,626 | $440,000 | 2026-05-07 |
| 9310 Broad Manor Rd | single_family | 5 | 3 | 1,624 | $288,000 | 2026-05-01 |
| 6925599825 | single_family | 5 | 2 | 1,511 | $500,000 | 2026-05-01 |
| 10325 NW 36th Ct | single_family | 5 | 4 | 1,856 | $500,000 | 2026-03-23 |
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 |
|---|---|---|---|---|---|---|
| 2367 NW 82nd St | multi_family | 5 | 4 | 1,623 | $569,000 | — |
| 1935 NW 76th St | single_family | 5 | 3 | — | $438,000 | — |
| 2137 NW 99th Ter | multi_family | 5 | 4 | 1,890 | $620,000 | — |
| 9001 NW 32nd Court Rd | single_family | 5 | 3 | 1,449 | $599,998 | — |
| 8841 NW 14th Ave | single_family | 5 | 3 | 1,824 | $725,000 | — |
| 2345 NW 65th St | multi_family | 5 | 2 | 1,808 | $619,900 | — |
| 2352 NW 102nd St | multi_family | 5 | 3 | 1,969 | $619,999 | — |
| 2406 NW 67th St | multi_family | 5 | 3 | 1,530 | $589,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $669,500 | $50,310 | $6,310 | $514,362 | $155,138 |
| 2 | $689,585 | $51,927 | $7,829 | $508,337 | $181,248 |
| 3 | $710,273 | $53,594 | $9,397 | $501,898 | $208,374 |
| 4 | $731,581 | $55,315 | $11,015 | $495,017 | $236,564 |
| 5 | $753,528 | $57,090 | $12,685 | $487,663 | $265,865 |
| 6 | $776,134 | $58,921 | $14,408 | $479,805 | $296,329 |
| 7 | $799,418 | $60,810 | $16,187 | $471,407 | $328,011 |
| 8 | $823,401 | $62,758 | $18,023 | $462,432 | $360,969 |
| 9 | $848,103 | $64,769 | $19,917 | $452,841 | $395,262 |
| 10 | $873,546 | $66,842 | $21,872 | $442,591 | $430,955 |