2773 NW 57th St

Miami, FL 33142 · multi_family · For Sale · 104 days on market
Asking price$749,900
4 beds 4 baths 1,304 sqft
Suggested offer$351,179$398,721 above the est. market value of $351,179.
View on Realtor.com →
Listed by Roylan valdivia · United Realty Group Inc
Typemulti_family
Built1947
Price / sqft$575
Est. value (own analysis)$351,179
Rent estimate (building total, own analysis)$3,273/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-21
Removed date
MLSMiamiMLS #A12023147
Coordinates25.82690, -80.24243
Address2773 NW 57th St
CityMiami
StateFL
Zip33142
Listing ID5264496332
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33142)

Typical home value (ZHVI)$430,103
Typical rent (ZORI)$2,350/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$749,900
Down payment (20.0%)$149,980
Loan amount$599,920
Closing costs (5.0%)$37,495
Total cash to close$187,475
Rent (estimate)$3,273$39,276
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$39,276
Vacancy rate (assumption) assumption8.0%

$39,276 × 8.0% = $3,142

Effective gross income$3,011$36,134
Property tax (placeholder 1.9% of price)$1,187$14,248
Insurance (placeholder 0.8% of price)$500$5,999
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$164$1,964
Total operating expenses$1,851$22,211
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$36,134
Total operating expenses derived$22,211

$36,134 − $22,211 = $13,923

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$599,920
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$599,920 amortized at 6.7% over 30 years = $3,855/mo

CapEx reserve (5.0% of GSR)$164$1,964
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$13,923
Annual debt service derived$46,263
Annual CapEx reserve assumption$1,964
Annual PMI assumption$0

($13,923 − $46,263 − $1,964 − $0) ÷ 12 = -$2,859

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$13,923
Purchase price data$749,900

$13,923 ÷ $749,900 = 1.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$34,304
Total cash to close derived$187,475

-$34,304 ÷ $187,475 = -18.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$13,923
Annual debt service derived$46,263

$13,923 ÷ $46,263 = 0.30

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$39,276
Purchase price data$749,900

($39,276 ÷ 12) ÷ $749,900 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$749,900
Gross scheduled rent (annual) comp$39,276

$749,900 ÷ $39,276 = 19.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$22,211
Effective gross income derived$36,134

$22,211 ÷ $36,134 = 61.5%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$22,211
Annual debt service derived$46,263
Annual PMI assumption$0
Gross scheduled rent (annual) comp$39,276

($22,211 + $46,263 + $0) ÷ $39,276 = 174.3%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
multi_family421,686$3,4002026-08-24

3147 McDonald St # 2

Miami, 33133 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,686
Listed2026-08-24
Days on market

Asking rent: $3,400

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
1411 NW 29th Stmulti_family411,580$400,0002026-08-06
3346 NW 34th Stmulti_family421,968$530,0002026-07-15
1498 NW 58th Stmulti_family421,500$312,5002026-06-24
2521 NW 13th Avemulti_family422,095$480,0002026-05-13
2336 NW 60th Stmulti_family411,448$360,0002026-04-16
3300 NW 31st Avemulti_family421,580$265,0002026-04-09
2490 NW 44th Stmulti_family441,998$750,0002026-03-12
2035 NW 34th Stmulti_family412,106$760,0002026-02-09
4001 NW 15th Avemulti_family421,450$590,0002026-01-29
1361 NW 32nd Stmulti_family413,507$560,0002026-01-12
1860 NW 45th Stmulti_family422,112$650,0002025-12-23
1261 NW 24th Stmulti_family421,200$560,0002025-12-23
1901 NW 48th Stmulti_family432,220$775,0002025-12-04
2469 NW 35th Stmulti_family441,890$640,0002025-10-07
2535 NW 34th Stmulti_family421,961$520,0002025-09-12

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.

AddressTypeBedsBathsSqftAsking priceDays on market
2775 NW 57th Stmulti_family441,202$749,900
2385 NW 32nd Stsingle_family422,180$639,999
1754 NW 56th Stsingle_family421,690$430,000
3010 NW 32nd Stsingle_family421,958$630,000
3231 NW 19th Avemulti_family421,977$625,000
2651 NW 33rd Stmulti_family421,155$565,000
2124 NW 27th Stmulti_family441,750$780,000
1851 NW 34th Stmulti_family421,458$590,000

10-year hold projection

IRR-2.3%
Equity multiple0.63x
Total return (10yr)$27,979
YearProperty valueNOICash flowLoan balanceEquity
1$772,397$13,923-$34,304$593,416$178,981
2$795,569$14,452-$33,824$586,464$209,105
3$819,436$14,999-$33,327$579,036$240,400
4$844,019$15,566-$32,812$571,097$272,922
5$869,340$16,153-$32,278$562,613$306,726
6$895,420$16,760-$31,725$553,547$341,873
7$922,282$17,388-$31,152$543,858$378,424
8$949,951$18,039-$30,559$533,504$416,447
9$978,449$18,712-$29,944$522,438$456,011
10$1,007,803$19,408-$29,307$510,613$497,190
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.