1051 SW 144th Pl

Miami, FL 33184 · single_family · For Sale · 28 days on market
Asking price$1,099,000
4 beds 4 baths 3,043 sqft
View on Realtor.com →
Listed by Andy DeJesus · Best International Realty
Typesingle_family
Built2004
Price / sqft$361
Est. value (own analysis)$1,138,486
Rent estimate (own analysis)$3,700/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeWildfire6/10MajorAir2/10MinorFlood1/10minimal$
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Neighborhood

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Statusfor_sale
Listed date2026-08-05
Removed date
MLSMiamiMLS #A12065692
Coordinates25.75722, -80.42977
Address1051 SW 144th Pl
CityMiami
StateFL
Zip33184
Listing ID5337060245
Sourceus-real-estate-listings, cached 2026-09-02

ZIP market snapshot (33184)

Typical home value (ZHVI)$569,847
Typical rent (ZORI)$3,033/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$1,099,000
Down payment (20.0%)$219,800
Loan amount$879,200
Closing costs (5.0%)$54,950
Total cash to close$274,750
Rent (comp-derived)$3,700$44,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$44,400
Vacancy rate (assumption) assumption8.0%

$44,400 × 8.0% = $3,552

Effective gross income$3,404$40,848
Property tax (placeholder 1.9% of price)$1,740$20,881
Insurance (est. scaled by flood & wind risk)$1,099$13,188
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$185$2,220
Total operating expenses$3,024$36,289
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$40,848
Total operating expenses derived$36,289

$40,848 − $36,289 = $4,559

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$879,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$879,200 amortized at 6.7% over 30 years = $5,650/mo

CapEx reserve (5.0% of GSR)$185$2,220
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$4,559
Annual debt service derived$67,800
Annual CapEx reserve assumption$2,220
Annual PMI assumption$0

($4,559 − $67,800 − $2,220 − $0) ÷ 12 = -$5,455

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$4,559
Purchase price data$1,099,000

$4,559 ÷ $1,099,000 = 0.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$65,461
Total cash to close derived$274,750

-$65,461 ÷ $274,750 = -23.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$4,559
Annual debt service derived$67,800

$4,559 ÷ $67,800 = 0.07

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$44,400
Purchase price data$1,099,000

($44,400 ÷ 12) ÷ $1,099,000 = 0.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,099,000
Gross scheduled rent (annual) comp$44,400

$1,099,000 ÷ $44,400 = 24.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$36,289
Effective gross income derived$40,848

$36,289 ÷ $40,848 = 88.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$36,289
Annual debt service derived$67,800
Annual PMI assumption$0
Gross scheduled rent (annual) comp$44,400

($36,289 + $67,800 + $0) ÷ $44,400 = 234.4%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family432,304$3,4002026-08-17
single_family432,239$4,2002026-07-27
single_family432,239$4,0002026-07-22
single_family422,668$3,3302026-05-23

13224 SW 10 Te Unit 0

Miami, 33184 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,304
Listed2026-08-17
Days on market

Asking rent: $3,400

View on Zillow →

14540 SW 13th Ter

Miami, 33184 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,239
Listed2026-07-27
Days on market

Asking rent: $4,200

View on Zillow →

14521 SW 13th Ter

Miami, 33184 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,239
Listed2026-07-22
Days on market

Asking rent: $4,000

View on Zillow →

1246 SW 146th Ct

Miami, 33184 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,668
Listed2026-05-23
Days on market

Asking rent: $3,330

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
14442 SW 14th Stsingle_family453,900$1,025,0002026-08-31
13216 SW 10th Tersingle_family432,037$620,0002026-08-28
1330 SW 126th Plsingle_family432,104$760,0002026-08-21
910 SW 140th Avesingle_family421,934$711,0002026-08-21
13741 SW 11th Stsingle_family421,630$635,0002026-08-19
1204 SW 136th Plsingle_family421,796$720,0002026-08-07
1095 SW 135th Plsingle_family432,304$535,0002026-08-05
13220 SW 5th Stsingle_family422,305$765,0002026-07-15
13736 SW 12th Stsingle_family432,016$680,0002026-07-06
11821 Tuttle Blvdsingle_family421,881$450,0002026-07-06
1220 SW 126th Plsingle_family422,174$810,0002026-06-11
13811 SW 14th Stsingle_family421,668$650,0002026-05-26
1232 SW 132nd Ctsingle_family432,936$880,0002026-05-08
13844 SW 15th Stsingle_family421,478$655,0002026-04-30
13935 SW 10th Stsingle_family421,673$710,0002026-04-28
13966 SW 13th Stsingle_family432,215$860,0002026-03-31
530 SW 136th Plsingle_family443,042$850,0002026-03-31
1300 SW 136th Plsingle_family431,796$720,0002026-03-30
1401 SW 145th Avesingle_family432,517$890,0002026-03-30
14439 SW 15th Stsingle_family432,420$865,0002026-02-11
165 SW 130th Avesingle_family433,175$1,850,0002026-02-03
30 SW 136th Avesingle_family422,558$900,0002026-01-02
419 SW 136th Plsingle_family432,018$755,0002025-12-19
13137 SW 3rd Stsingle_family421,959$820,0002025-12-17
14502 SW 10th Stsingle_family443,123$850,0002025-12-15
13926 SW 14th Stsingle_family452,718$1,360,0002025-12-10
200 SW 132nd Avesingle_family422,064$684,4002025-12-08
12246 SW 1st Stsingle_family453,259$1,375,0002025-11-20
10 SW 124th Avesingle_family433,134$2,640,0002025-11-19
13123 SW 6th Stsingle_family421,826$775,0002025-11-14
1291 SW 139th Plsingle_family421,663$650,0002025-10-21
14199 SW 9th Stsingle_family431,877$725,0002025-10-20
13723 SW 15th Stsingle_family421,686$682,0002025-10-16
1501 SW 138th Avesingle_family421,585$650,0002025-10-10
14428 SW 13th Tersingle_family432,046$850,0002025-10-01
13852 SW 9th Stsingle_family421,864$212,0002025-09-24
844 SW 134th Plsingle_family432,037$577,0002025-09-19
14415 SW 13th Tersingle_family431,870$835,0002025-09-17
11800 SW 4th Tersingle_family432,770$790,0002025-09-08

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
13224 SW 10 Tesingle_family432,304$704,900
1542 SW 138th Ctsingle_family431,557$750,000
11845 SW 3rd Stsingle_family432,153$799,000
14443 SW 12th Lnsingle_family443,056$1,100,000
13131 SW 5th Stsingle_family421,879$749,000
13390 SW 1st Stsingle_family421,952$909,900
14623 SW 11th Stsingle_family432,289$775,000
13394 SW 1st Tersingle_family422,053$875,000

10-year hold projection

IRR-6.0%
Equity multiple-0.00x
Total return (10yr)-$132,306
YearProperty valueNOICash flowLoan balanceEquity
1$1,131,970$4,559-$65,461$869,667$262,303
2$1,165,929$4,877-$65,198$859,480$306,449
3$1,200,907$5,210-$64,923$848,594$352,313
4$1,236,934$5,556-$64,634$836,959$399,975
5$1,274,042$5,919-$64,332$824,526$449,516
6$1,312,263$6,296-$64,015$811,239$501,024
7$1,351,631$6,691-$63,684$797,040$554,592
8$1,392,180$7,102-$63,337$781,865$610,315
9$1,433,946$7,530-$62,974$765,648$668,297
10$1,476,964$7,977-$62,595$748,318$728,646
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.