| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $750,000 |
| Down payment (20.0%) | $150,000 |
| Loan amount | $600,000 |
| Closing costs (5.0%) | $37,500 |
| Total cash to close | $187,500 |
| Income | |
| Rent (comp-derived) | $4,250$51,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,910$46,920 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,188$14,250 |
| Insurance (placeholder 0.8% of price) | $500$6,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $213$2,550 |
| Total operating expenses | $1,900$22,800 |
| 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) | $213$2,550 |
| 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 | 5 | 2 | 1,598 | $5,000 | 2026-08-11 | — | |
| single_family | 5 | 2 | 1,729 | $3,950 | 2026-07-10 | — | |
| single_family | 5 | 3 | 2,369 | $4,250 | 2023-04-07 | — |
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 |
|---|---|---|---|---|---|---|
| 3840 SW 91st Ave | single_family | 5 | 1 | 1,057 | $750,000 | 2026-08-14 |
| 3500 SW 111th Ave | single_family | 5 | 4 | 3,308 | $1,410,000 | 2026-08-11 |
| 3345 SW 109th Ct | single_family | 5 | 5 | 2,592 | $1,000,000 | 2026-08-10 |
| 2901 SW 92nd Ave | single_family | 5 | 2 | 1,704 | $680,000 | 2026-07-30 |
| 4820 SW 112th Ave | single_family | 5 | 3 | 2,564 | $806,000 | 2026-07-23 |
| 9832 SW 27th Ter | single_family | 5 | 3 | 2,252 | $795,000 | 2026-07-13 |
| 4901 SW 101st Ave | single_family | 5 | 3 | 2,767 | $1,100,000 | 2026-07-08 |
| 3024 SW 98th Ct | single_family | 5 | 5 | 3,222 | $1,170,000 | 2026-06-16 |
| 2775 SW 101st Ct | single_family | 5 | 5 | 3,132 | $1,300,000 | 2026-06-02 |
| 11430 SW 41st Ter | single_family | 5 | 3 | 2,154 | $550,000 | 2026-06-01 |
| 11351 SW 52nd Ter | single_family | 5 | 4 | 1,599 | $950,000 | 2026-05-01 |
| 9825 SW 54th St | single_family | 5 | 4 | 1,877 | $692,000 | 2026-04-17 |
| 4140 SW 108th Ave | single_family | 5 | 4 | 2,190 | $935,000 | 2026-03-27 |
| 4805 SW 112th Ave | single_family | 5 | 3 | 2,610 | $825,000 | 2026-03-16 |
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 |
|---|---|---|---|---|---|---|
| 4621 SW 104th Ct | single_family | 5 | 4 | 2,058 | $712,000 | — |
| 3538 SW 87th Ct | single_family | 5 | 3 | 1,586 | $790,000 | — |
| 2610 SW 112th Ct | single_family | 5 | 4 | 3,346 | $1,450,000 | — |
| 10795 SW 34th St | single_family | 5 | 3 | 2,683 | $2,499,000 | — |
| 3125 SW 108th Ave | single_family | 5 | 5 | 2,419 | $1,195,000 | — |
| multi_family | 5 | 3 | 2,094 | $799,900 | — | |
| 2605 SW 115th Ave | single_family | 5 | 5 | 4,795 | $1,999,000 | — |
| 10755 SW 52nd Ter | single_family | 5 | 7 | 3,242 | $1,995,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $772,500 | $24,120 | -$24,699 | $593,495 | $179,005 |
| 2 | $795,675 | $24,958 | -$23,925 | $586,543 | $209,132 |
| 3 | $819,545 | $25,823 | -$23,125 | $579,113 | $240,432 |
| 4 | $844,132 | $26,718 | -$22,298 | $571,174 | $272,958 |
| 5 | $869,456 | $27,642 | -$21,442 | $562,689 | $306,767 |
| 6 | $895,539 | $28,597 | -$20,557 | $553,621 | $341,918 |
| 7 | $922,405 | $29,584 | -$19,642 | $543,931 | $378,474 |
| 8 | $950,078 | $30,604 | -$18,697 | $533,575 | $416,502 |
| 9 | $978,580 | $31,657 | -$17,719 | $522,509 | $456,071 |
| 10 | $1,007,937 | $32,746 | -$16,708 | $510,682 | $497,255 |