22732 SW 92nd Pl
Cutler Bay, FL 33190 · single_family · For Sale · 67 days on market
Asking price$630,000
5 beds 3 baths 2,916 sqft
Listed by Hendrina Callejas · Interinvestments Realty, Inc.
Typesingle_family
Built2013
Price / sqft$216
Est. value (own analysis)$629,000
Rent estimate (own analysis)$4,550/mo
HOA$72/mo
Wind10/10Extreme$Heat10/10ExtremeFlood7/10severe$Air2/10MinorWildfire2/10Minor
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Statusfor_sale
Listed date2026-06-27
Removed date—
MLSMiamiMLS #A12041611
Coordinates25.55679, -80.34190
Address22732 SW 92nd Pl
CityCutler Bay
StateFL
Zip33190
Listing ID5270119207
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33190)
Median sale price$419,900
Median days on market (sale)82
Active sale listings119
Median rent$2,600/mo
Median days on market (rent)48
Active rental listings93
Real ZIP-wide statistics from RentCast, as of 2026-08 (fetched 2026-08-29) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33190 (≥6 of 50 per our log)Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $630,000 |
| Down payment (20.0%) | $126,000 |
| Loan amount | $504,000 |
| Closing costs (5.0%) | $31,500 |
| Total cash to close | $157,500 |
| Income | |
| Rent (comp-derived) | $4,550$54,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,186$50,232 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $998$11,970 |
| Insurance (est. scaled by flood & wind risk) | $819$9,828 |
| HOA dues | $72$864 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $228$2,730 |
| Total operating expenses | $2,116$25,392 |
| 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) | $228$2,730 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
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 | 5 | 3 | 2,869 | $4,800 | 2026-08-07 | — | |
| single_family | 5 | 3 | 2,476 | $4,300 | 2026-07-17 | — | |
| single_family | 5 | 3 | 2,924 | $4,000 | 2026-07-06 | — | |
| single_family | 5 | 3 | 2,869 | $4,800 | 2026-07-22 | — |
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 |
|---|---|---|---|---|---|---|
| 22708 SW 94th Path | single_family | 5 | 3 | 2,869 | $800,000 | 2026-08-07 |
| 22777 SW 93rd Ct | single_family | 5 | 3 | 2,916 | $600,000 | 2026-08-05 |
| 22780 SW 92nd Ct | single_family | 5 | 3 | 2,916 | $620,000 | 2026-06-29 |
| 9115 SW 227th Ter | single_family | 5 | 4 | 2,924 | $590,000 | 2026-05-01 |
| 21800 SW 97th Ct | single_family | 5 | 4 | 2,820 | $780,000 | 2026-04-27 |
| 10321 SW 232nd St | single_family | 5 | 3 | 3,363 | $739,000 | 2026-04-08 |
| 10329 SW 228th Ter | single_family | 5 | 3 | 3,363 | $680,000 | 2026-02-05 |
| 9108 SW 227th Ln | single_family | 5 | 3 | 2,916 | $629,000 | 2026-02-04 |
| 22466 SW 94th Pl | single_family | 5 | 3 | 2,869 | $685,000 | 2025-10-16 |
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 |
|---|---|---|---|---|---|---|
| 22505 SW 94th Pl | single_family | 5 | 3 | 2,869 | $650,000 | — |
| 10445 SW 226th St | single_family | 5 | 3 | 3,256 | $699,900 | — |
| 22761 SW 93rd Psge | single_family | 5 | 3 | 2,429 | $850,000 | — |
| 22525 SW 105th Ct | single_family | 5 | 3 | 2,514 | $624,900 | — |
10-year hold projection
IRR3.2%
Equity multiple1.52x
Total return (10yr)$163,826
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $648,900 | $24,840 | -$16,756 | $498,536 | $150,364 |
| 2 | $668,367 | $25,712 | -$15,952 | $492,696 | $175,671 |
| 3 | $688,418 | $26,614 | -$15,121 | $486,455 | $201,963 |
| 4 | $709,071 | $27,545 | -$14,261 | $479,786 | $229,285 |
| 5 | $730,343 | $28,509 | -$13,371 | $472,658 | $257,684 |
| 6 | $752,253 | $29,504 | -$12,451 | $465,042 | $287,211 |
| 7 | $774,821 | $30,533 | -$11,499 | $456,902 | $317,919 |
| 8 | $798,065 | $31,596 | -$10,515 | $448,203 | $349,862 |
| 9 | $822,007 | $32,695 | -$9,498 | $438,907 | $383,100 |
| 10 | $846,667 | $33,830 | -$8,445 | $428,973 | $417,695 |
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.