| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,250,000 |
| Down payment (20.0%) | $250,000 |
| Loan amount | $1,000,000 |
| Closing costs (5.0%) | $62,500 |
| Total cash to close | $312,500 |
| Income | |
| Rent (comp-derived) | $3,650$43,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,358$40,296 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,979$23,750 |
| Insurance (est. scaled by flood & wind risk) | $1,250$15,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $183$2,190 |
| Total operating expenses | $3,412$40,940 |
| 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) | $183$2,190 |
| 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 | 816 | $3,100 | 2026-08-10 | — | |
| single_family | 2 | 1 | 1,086 | $3,900 | 2026-06-19 | — | |
| single_family | 2 | 3 | 1,000 | $3,900 | — | — | |
| single_family | 2 | 1 | 1,000 | $3,000 | 2025-05-22 | — | |
| single_family | 2 | 1 | 1,223 | $2,175 | 2022-05-02 | — | |
| single_family | 2 | 2 | 1,291 | $5,500 | 2026-06-08 | — | |
| single_family | 2 | 2 | 1,502 | $6,300 | 2026-08-06 | — | |
| single_family | 2 | 2 | 1,400 | $3,400 | — | — | |
| single_family | 2 | 2 | 1,000 | $3,100 | — | — | |
| single_family | 2 | 1 | 896 | $3,900 | 2026-03-30 | — |
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 |
|---|---|---|---|---|---|---|
| 1400 Madrid St | single_family | 2 | 2 | 1,582 | $895,000 | 2026-08-20 |
| 1310 Madrid St | single_family | 2 | 2 | 1,200 | $1,250,000 | 2026-08-13 |
| 434 Mendoza Ave | single_family | 2 | 1 | 1,314 | $890,000 | 2026-08-07 |
| 4355 SW 2nd St | single_family | 2 | 2 | 1,095 | $650,000 | 2026-08-05 |
| 1425 Venetia Ave | single_family | 2 | 2 | 1,466 | $1,300,000 | 2026-08-03 |
| 512 Mendoza Ave | single_family | 2 | 2 | 1,330 | $950,000 | 2026-07-15 |
| 919 Lisbon St | single_family | 2 | 1 | 1,605 | $1,285,000 | 2026-07-14 |
| 4370 SW 11th St | single_family | 2 | 1 | 850 | $725,000 | 2026-06-29 |
| 739 Aledo Ave | single_family | 2 | 1 | 1,492 | $1,675,000 | 2026-06-29 |
| 430 Sarto Ave | single_family | 2 | 2 | 1,423 | $1,100,000 | 2026-06-25 |
| 5117 SW 7th St | single_family | 2 | 1 | 2,057 | $1,195,000 | 2026-06-24 |
| 5561 SW 5th Ter | single_family | 2 | 1 | 1,217 | $539,000 | 2026-06-24 |
| 5280 SW 6th St | single_family | 2 | 1 | 907 | $640,000 | 2026-06-23 |
| 323 Velarde Ave | single_family | 2 | 2 | 1,388 | $1,250,000 | 2026-06-22 |
| 4235 SW 4th St | single_family | 2 | 1 | 1,546 | $820,000 | 2026-06-16 |
| 1247 Anastasia Ave | single_family | 2 | 2 | 2,525 | $2,300,000 | 2026-06-04 |
| 1418 Cordova St | single_family | 2 | 2 | 1,436 | $1,425,000 | 2026-06-01 |
| 3951 SW 2nd Ter | single_family | 2 | 1 | 884 | $725,000 | 2026-05-28 |
| 103 Romano Ave | single_family | 2 | 1 | 1,113 | $610,000 | 2026-05-26 |
| 4220 SW 13th St | single_family | 2 | 1 | 1,161 | $680,000 | 2026-05-20 |
| 4366 SW 5th Ter | single_family | 2 | 2 | 770 | $635,000 | 2026-05-19 |
| 1200 El Rado St | single_family | 2 | 1 | 1,493 | $1,150,000 | 2026-05-13 |
| 5433516977 | single_family | 2 | 2 | 1,824 | $1,715,000 | 2026-05-12 |
| 1225 Tangier St | single_family | 2 | 2 | 1,232 | $1,230,000 | 2026-04-28 |
| 720 Madeira Ave | single_family | 2 | 1 | 2,108 | $3,000,000 | 2026-04-22 |
| 305 Fluvia Ave | single_family | 2 | 1 | 1,442 | $1,325,000 | 2026-04-16 |
| 122 Camilo Ave | single_family | 2 | 1 | 1,610 | $965,000 | 2026-04-09 |
| 4371 SW 4th St | single_family | 2 | 1 | 1,218 | $250,000 | 2026-04-09 |
| 140 SW 48th Ct | single_family | 2 | 1 | 1,078 | $520,000 | 2026-04-01 |
| 4729 SW 4th St | single_family | 2 | 1 | 2,155 | $350,000 | 2026-04-01 |
| 833 Tangier St | single_family | 2 | 1 | 924 | $842,500 | 2026-03-31 |
| 438 Mendoza Ave | single_family | 2 | 2 | 1,545 | $1,100,000 | 2026-03-25 |
| 500 Aragon Ave | single_family | 2 | 2 | 1,345 | $1,300,000 | 2026-03-18 |
| 4230 SW 5th St | single_family | 2 | 1 | 1,926 | $695,000 | 2026-03-16 |
| 1011 Cortez St | single_family | 2 | 1 | 1,158 | $810,000 | 2026-03-06 |
| 740 Majorca Ave | single_family | 2 | 3 | 1,742 | $2,025,000 | 2026-02-23 |
| 605 Navarre Ave | single_family | 2 | 2 | 1,531 | $1,375,000 | 2026-01-30 |
| 1433 Ortega Ave | single_family | 2 | 2 | 1,362 | $975,000 | 2026-01-30 |
| 517 Minorca Ave | single_family | 2 | 1 | 1,622 | $1,475,000 | 2026-01-23 |
| 917 Granada Groves Ct | single_family | 2 | 2 | 1,457 | $1,250,000 | 2026-01-23 |
| 410 Navarre Ave | single_family | 2 | 2 | 1,357 | $1,015,000 | 2026-01-17 |
| 1111 Columbus Blvd | single_family | 2 | 2 | 1,532 | $1,120,000 | 2026-01-16 |
| 1409 Medina Ave | single_family | 2 | 2 | 1,273 | $950,000 | 2026-01-14 |
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 |
|---|---|---|---|---|---|---|
| 122 SW 56th Ave | single_family | 2 | 2 | 1,156 | $599,000 | — |
| 4060 SW 6th St | single_family | 2 | 1 | 1,027 | $669,500 | — |
| 3780 SW 27th Ter | single_family | 2 | 2 | 875 | $725,000 | — |
| 215 SW 42nd Ave Apt 401 | condos | 2 | 2 | 996 | $490,000 | — |
| 1715 Douglas Rd Unit 200 | condos | 2 | 2 | 960 | $935,900 | — |
| 1715 Douglas Rd Unit 206 | condos | 2 | 2 | 842 | $861,900 | — |
| 215 SW 42nd Ave Apt 810 | condos | 2 | 2 | 996 | $399,000 | — |
| 4485 SW 7th St | multi_family | 2 | 2 | 1,216 | $780,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,287,500 | -$644 | -$79,949 | $989,158 | $298,342 |
| 2 | $1,326,125 | -$459 | -$79,819 | $977,571 | $348,554 |
| 3 | $1,365,909 | -$263 | -$79,679 | $965,189 | $400,720 |
| 4 | $1,406,886 | -$55 | -$79,529 | $951,956 | $454,930 |
| 5 | $1,449,093 | $163 | -$79,369 | $937,814 | $511,278 |
| 6 | $1,492,565 | $394 | -$79,199 | $922,702 | $569,864 |
| 7 | $1,537,342 | $638 | -$79,017 | $906,551 | $630,791 |
| 8 | $1,583,463 | $894 | -$78,824 | $889,292 | $694,171 |
| 9 | $1,630,966 | $1,164 | -$78,619 | $870,847 | $760,119 |
| 10 | $1,679,895 | $1,449 | -$78,402 | $851,136 | $828,760 |