| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $500,000 |
| Down payment (20.0%) | $100,000 |
| Loan amount | $400,000 |
| Closing costs (5.0%) | $25,000 |
| Total cash to close | $125,000 |
| Income | |
| Rent (comp-derived) | $3,000$36,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,760$33,120 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $792$9,500 |
| Insurance (placeholder 0.8% of price) | $333$4,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $150$1,800 |
| Total operating expenses | $1,275$15,300 |
| 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) | $150$1,800 |
| 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 | 3 | 1 | 1,100 | $3,000 | 2026-08-18 | — | |
| single_family | 3 | 2 | 1,130 | $3,200 | 2026-08-13 | — | |
| single_family | 3 | 1 | 1,140 | $3,200 | 2026-07-27 | — | |
| single_family | 3 | 1 | 1,111 | $2,500 | 2026-07-15 | — | |
| single_family | 3 | 1 | 1,170 | $2,900 | 2026-07-13 | — | |
| single_family | 3 | 3 | 1,279 | $5,000 | 2026-04-29 | — | |
| single_family | 3 | 3 | 1,200 | $2,899 | 2025-12-02 | — | |
| single_family | 3 | 2 | 1,537 | $2,700 | 2023-10-22 | — | |
| single_family | 3 | 2 | 1,463 | $3,350 | 2026-02-04 | — | |
| single_family | 3 | 2 | 1,286 | $2,600 | 2026-08-28 | — | |
| single_family | 3 | 1 | 1,188 | $3,000 | 2026-08-29 | — |
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 |
|---|---|---|---|---|---|---|
| 8340 NW 22nd Pl | single_family | 3 | 2 | 1,134 | $500,000 | 2026-09-02 |
| 1920 NW 69th Ter | single_family | 3 | 1 | 974 | $420,000 | 2026-08-27 |
| 1822 NW 66th St | single_family | 3 | 2 | — | $315,000 | 2026-08-26 |
| 1669 NW 70th St | single_family | 3 | 1 | 672 | $354,000 | 2026-08-24 |
| 2276 NW 81st St | single_family | 3 | 2 | 1,183 | $350,000 | 2026-08-17 |
| 3260 NW 95th Ter | single_family | 3 | 1 | 851 | $575,000 | 2026-08-14 |
| 10345 NW 35th Ct | single_family | 3 | 1 | 1,038 | $550,000 | 2026-08-13 |
| 7091 NW 21st Ave | single_family | 3 | 1 | 612 | $324,500 | 2026-08-12 |
| 3140 NW 97th St | single_family | 3 | 2 | 1,430 | $568,000 | 2026-08-12 |
| 2165 NW 93rd St | single_family | 3 | 1 | 1,920 | $280,000 | 2026-08-12 |
| 7031 NW 20th Ave | single_family | 3 | 2 | 1,122 | $510,000 | 2026-08-10 |
| 6422 NW 29th Ave | single_family | 3 | 1 | 950 | $300,000 | 2026-08-05 |
| 8390 NW 18th Ave | single_family | 3 | 2 | 1,411 | $325,000 | 2026-08-04 |
| 7759 NW 16th Ave | single_family | 3 | 2 | 1,456 | $476,000 | 2026-08-04 |
| 2851 NW 106th St | single_family | 3 | 2 | 1,452 | $490,000 | 2026-08-04 |
| 7738 NW 15th Ave | single_family | 3 | 2 | 1,450 | $468,000 | 2026-07-31 |
| 2285 NW 89th St | single_family | 3 | 2 | 870 | $485,000 | 2026-07-30 |
| 2931 NW 66th St | single_family | 3 | 2 | 1,038 | $330,000 | 2026-07-28 |
| 1580 NW 77th Ter | single_family | 3 | 2 | 1,100 | $270,000 | 2026-07-24 |
| 3521 NW 80th Ter | single_family | 3 | 3 | 1,651 | $450,000 | 2026-07-24 |
| 8200 NW 31st Ave | single_family | 3 | 2 | 1,208 | $550,000 | 2026-07-22 |
| 2160 NW 98th St | single_family | 3 | 1 | 1,386 | $345,000 | 2026-07-21 |
| 1738 NW 67th St | single_family | 3 | 1 | 970 | $308,000 | 2026-07-21 |
| 2121 NW 68th Ter | single_family | 3 | 1 | 1,091 | $420,000 | 2026-07-21 |
| 7625 NW 14th Ct | single_family | 3 | 1 | 933 | $499,000 | 2026-07-17 |
| 6306 NW 19th Ct | single_family | 3 | 2 | 1,110 | $305,000 | 2026-07-15 |
| 3510 NW 82nd St | single_family | 3 | 2 | 1,118 | $365,000 | 2026-07-14 |
| 2222 NW 105th St | single_family | 3 | 2 | 1,137 | $499,000 | 2026-07-13 |
| 7929 NW 36th Ct | single_family | 3 | 2 | 1,250 | $557,000 | 2026-07-13 |
| 6859 NW 17th Ave | single_family | 3 | 2 | 1,000 | $405,000 | 2026-07-10 |
| 1239 NW 70th St | single_family | 3 | 1 | 1,556 | $320,000 | 2026-07-10 |
| 7051 NW 21st Ave | single_family | 3 | 1 | 800 | $310,000 | 2026-07-02 |
| 10501 NW 35th Pl | single_family | 3 | 3 | 1,530 | $600,000 | 2026-06-29 |
| 8330 NW 33rd Ave | single_family | 3 | 1 | 888 | $430,000 | 2026-06-26 |
| 1510 NW 93rd St | single_family | 3 | 1 | 1,283 | $320,000 | 2026-06-26 |
| 2121 NW 64th St | single_family | 3 | 1 | 828 | $400,000 | 2026-06-26 |
| 2920 NW 64th St | single_family | 3 | 2 | 1,303 | $535,000 | 2026-06-25 |
| 2371 NW 79th Ter | single_family | 3 | 2 | 1,000 | $465,000 | 2026-06-24 |
| 9529 NW 29th Ave | single_family | 3 | 2 | 1,109 | $540,000 | 2026-06-24 |
| 3115 NW 86th St | single_family | 3 | 1 | 944 | $475,000 | 2026-06-23 |
| 7700 NW 15th Ave | single_family | 3 | 2 | 1,376 | $560,000 | 2026-06-16 |
| 3015 NW 83rd St | single_family | 3 | 1 | 888 | $368,000 | 2026-06-16 |
| 8765 NW 22nd Pl | single_family | 3 | 2 | 1,199 | $495,000 | 2026-06-15 |
| 1901 NW 88th Ter | single_family | 3 | 2 | 1,521 | $505,000 | 2026-06-12 |
| 3505 NW 83rd Ter | single_family | 3 | 1 | — | $547,000 | 2026-06-09 |
| 1430 NW 87th Ter | single_family | 3 | 1 | 1,075 | $535,000 | 2026-06-05 |
| 2145 NW 68th Ter | single_family | 3 | 1 | 1,116 | $395,000 | 2026-06-04 |
| 7135 NW 16th Ave | single_family | 3 | 2 | 920 | $435,000 | 2026-06-02 |
| 3100 NW 70th St | single_family | 3 | 2 | 891 | $430,000 | 2026-05-29 |
| 1428 NW 97th St | single_family | 3 | 2 | 2,773 | $625,000 | 2026-05-29 |
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 |
|---|---|---|---|---|---|---|
| 1891 NW 62nd Ter | single_family | 3 | 2 | 1,376 | $399,000 | — |
| 8400 NW 24th Ct | single_family | 3 | 1 | 880 | $449,900 | — |
| 9553 NW 26th Ave | multi_family | 3 | 2 | 1,520 | $620,000 | — |
| 1530 NW 68th Ter | single_family | 3 | 1 | 985 | $350,000 | — |
| 6234 NW 19th Ct | single_family | 3 | 2 | 1,104 | $479,999 | — |
| 1925 NW 85th St | single_family | 3 | 1 | 1,020 | $389,900 | — |
| 1829 NW 62nd Ter | single_family | 3 | 2 | 790 | $425,000 | — |
| 1780 NW 73rd St | single_family | 3 | 3 | 1,034 | $430,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $515,000 | $17,820 | -$14,826 | $395,663 | $119,337 |
| 2 | $530,450 | $18,431 | -$14,260 | $391,028 | $139,422 |
| 3 | $546,364 | $19,062 | -$13,675 | $386,075 | $160,288 |
| 4 | $562,754 | $19,715 | -$13,070 | $380,782 | $181,972 |
| 5 | $579,637 | $20,389 | -$12,444 | $375,126 | $204,512 |
| 6 | $597,026 | $21,085 | -$11,798 | $369,080 | $227,946 |
| 7 | $614,937 | $21,804 | -$11,130 | $362,620 | $252,317 |
| 8 | $633,385 | $22,547 | -$10,439 | $355,716 | $277,669 |
| 9 | $652,387 | $23,314 | -$9,725 | $348,339 | $304,048 |
| 10 | $671,958 | $24,106 | -$8,988 | $340,454 | $331,504 |