| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $634,900 |
| Down payment (20.0%) | $126,980 |
| Loan amount | $507,920 |
| Closing costs (5.0%) | $31,745 |
| Total cash to close | $158,725 |
| Income | |
| Rent (comp-derived) | $5,275$63,300 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,853$58,236 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,005$12,063 |
| Insurance (placeholder 0.8% of price) | $423$5,079 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $264$3,165 |
| Total operating expenses | $1,692$20,307 |
| 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) | $264$3,165 |
| 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 | 2,540 | $3,920 | — | — | |
| single_family | 5 | 4 | 1,769 | $5,450 | — | — | |
| single_family | 5 | 2 | 1,750 | $4,900 | 2026-07-01 | — | |
| single_family | 5 | 5 | 2,759 | $5,100 | 2026-08-07 | — | |
| single_family | 5 | 3 | 3,316 | $6,000 | 2026-08-15 | — | |
| single_family | 5 | 5 | 2,909 | $5,900 | 2026-08-04 | — | |
| single_family | 5 | 3 | 2,263 | $4,200 | — | — | |
| single_family | 5 | 5 | 3,017 | $5,500 | — | — |
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 |
|---|---|---|---|---|---|---|
| 20 E 52nd Pl | single_family | 5 | 4 | 1,982 | $640,000 | 2026-08-12 |
| 1051 E 18th St | single_family | 5 | 4 | 1,780 | $525,000 | 2026-07-20 |
| 3600 E 5th Ave | single_family | 5 | 3 | 1,913 | $655,000 | 2026-06-29 |
| 636 E 42nd St | single_family | 5 | 3 | 2,389 | $460,000 | 2026-06-25 |
| 670 E 45th St | single_family | 5 | 2 | 1,614 | $596,000 | 2026-05-22 |
| 880 E 28th St | single_family | 5 | 4 | 1,692 | $590,000 | 2026-03-10 |
| 4660 E 4th Ave | single_family | 5 | 3 | 1,720 | $430,000 | 2026-01-26 |
| 675 E 31st St | single_family | 5 | 3 | 2,001 | $630,000 | 2026-01-23 |
| 105 E 55th St | single_family | 5 | 3 | 1,788 | $655,000 | 2026-01-06 |
| 385 E 56th St | single_family | 5 | 2 | 2,081 | $639,185 | 2025-12-24 |
| 533 E 61st St | single_family | 5 | 3 | 2,226 | $770,000 | 2025-12-17 |
| 499 E 41st St | single_family | 5 | 2 | 1,740 | $440,000 | 2025-12-15 |
| 230 E 62nd St | single_family | 5 | 3 | 1,932 | $595,000 | 2025-12-09 |
| 370 E 58th St | single_family | 5 | 4 | 2,698 | $610,000 | 2025-11-18 |
| 9293281466 | single_family | 5 | 4 | 2,698 | $610,000 | 2025-11-18 |
| 602 E 50th St | single_family | 5 | 3 | 2,365 | $650,000 | 2025-11-10 |
| 75 E 41st St | single_family | 5 | 3 | 1,542 | $430,503 | 2025-10-30 |
| 380 E 45th St | single_family | 5 | 4 | 2,290 | $585,000 | 2025-09-26 |
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 |
|---|---|---|---|---|---|---|
| 458 E 20th St | multi_family | 5 | 4 | 2,211 | $849,999 | — |
| single_family | 5 | 4 | 3,389 | $659,900 | — | |
| 562 E 44th St | single_family | 5 | 3 | 2,213 | $580,000 | — |
| 890 E 38th St | single_family | 5 | 3 | 2,318 | $815,000 | — |
| 542 E 20th St | single_family | 5 | 4 | 1,260 | $700,000 | — |
| 890 E 28th St | single_family | 5 | 4 | 2,737 | $1,050,000 | — |
| 309 E 49th St | single_family | 5 | 3 | 1,204 | $1,900,000 | — |
| 758 E 20th St | single_family | 5 | 3 | 2,531 | $599,995 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $653,947 | $37,929 | -$4,405 | $502,413 | $151,534 |
| 2 | $673,565 | $39,168 | -$3,244 | $496,528 | $177,038 |
| 3 | $693,772 | $40,447 | -$2,046 | $490,239 | $203,534 |
| 4 | $714,586 | $41,767 | -$809 | $483,517 | $231,068 |
| 5 | $736,023 | $43,130 | $468 | $476,335 | $259,688 |
| 6 | $758,104 | $44,536 | $1,786 | $468,659 | $289,445 |
| 7 | $780,847 | $45,987 | $3,148 | $460,456 | $320,391 |
| 8 | $804,272 | $47,484 | $4,553 | $451,689 | $352,583 |
| 9 | $828,400 | $49,029 | $6,005 | $442,321 | $386,080 |
| 10 | $853,253 | $50,624 | $7,503 | $432,309 | $420,943 |