| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $824,900 |
| Down payment (20.0%) | $164,980 |
| Loan amount | $659,920 |
| Closing costs (5.0%) | $41,245 |
| Total cash to close | $206,225 |
| Income | |
| Rent (comp-derived) | $5,998$71,970 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,518$66,212 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,306$15,673 |
| Insurance (placeholder 0.8% of price) | $550$6,599 |
| HOA dues | $180$2,160 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $300$3,599 |
| Total operating expenses | $2,336$28,031 |
| 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) | $300$3,599 |
| 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 | 3 | 2,200 | $5,250 | 2026-08-13 | — | |
| single_family | 5 | 3 | 2,547 | $7,900 | 2026-07-20 | — | |
| single_family | 5 | 3 | 2,733 | $6,300 | 2026-07-12 | — | |
| single_family | 5 | 3 | 3,001 | $5,200 | 2026-07-07 | — | |
| single_family | 5 | 6 | 3,716 | $6,000 | 2026-07-02 | — | |
| single_family | 5 | 4 | 3,294 | $5,995 | 2026-08-24 | — | |
| single_family | 5 | 4 | 2,916 | $6,000 | 2026-08-23 | — | |
| single_family | 5 | 3 | 2,946 | $5,000 | — | — | |
| single_family | 5 | 4 | 2,916 | $6,000 | 2026-08-25 | — | |
| single_family | 5 | 3 | 3,114 | $5,900 | — | — |
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 |
|---|---|---|---|---|---|---|
| 5441 SW 155th Pl | single_family | 5 | 4 | 2,677 | $740,000 | 2026-08-21 |
| 4920 SW 156th Pl | single_family | 5 | 5 | 3,271 | $1,025,000 | 2026-08-21 |
| 14856 SW 27th Ter | single_family | 5 | 4 | 3,261 | $1,229,000 | 2026-08-17 |
| 2651 SW 152nd Ct | single_family | 5 | 4 | 3,403 | $660,000 | 2026-07-27 |
| 15383 SW 23rd St | single_family | 5 | 4 | 3,137 | $977,500 | 2026-06-26 |
| 15486 SW 23rd Ln | single_family | 5 | 4 | 2,372 | $975,000 | 2026-06-19 |
| 15064 SW 30th Ter | single_family | 5 | 4 | 2,055 | $900,000 | 2026-06-13 |
| 15615 SW 42nd Ter | single_family | 5 | 4 | 3,656 | $1,175,000 | 2026-06-10 |
| 2066 SW 156th Ave | single_family | 5 | 4 | 2,712 | $800,000 | 2026-05-19 |
| 14841 SW 39th Ter | single_family | 5 | 4 | 3,449 | $1,245,000 | 2026-04-29 |
| 15281 SW 26th Ter | single_family | 5 | 4 | 3,403 | $875,000 | 2026-04-01 |
| 15433 SW 20th Ln | single_family | 5 | 4 | — | $1,074,000 | 2026-03-23 |
| 5302 SW 164th Pl | single_family | 5 | 2 | 1,790 | $685,000 | 2026-02-20 |
| 5110 SW 153rd Pl N | single_family | 5 | 3 | 2,164 | $620,000 | 2026-02-20 |
| 16242 SW 42nd Ter | single_family | 5 | 4 | 2,666 | $815,000 | 2026-01-28 |
| 2080 SW 152nd Pl | single_family | 5 | 4 | 3,137 | $932,000 | 2026-01-16 |
| 16141 SW 42nd Ter | single_family | 5 | 4 | 2,629 | $800,000 | 2025-11-21 |
| 16262 SW 44th Ter | single_family | 5 | 4 | 2,916 | $940,000 | 2025-11-18 |
| 1724 SW 154th Path | single_family | 5 | 3 | 2,765 | $895,000 | 2025-10-28 |
| 15361 SW 39th Ln | single_family | 5 | 3 | 2,076 | $745,000 | 2025-10-22 |
| 14842 SW 22nd Ter | single_family | 5 | 2 | 2,545 | $790,000 | 2025-10-17 |
| 3844 SW 149th Pl | single_family | 5 | 3 | 1,936 | $825,000 | 2025-10-03 |
| 3083 SW 147th Pl | single_family | 5 | 4 | 3,014 | $885,000 | 2025-10-03 |
| 16548 SW 43rd Ln | single_family | 5 | 3 | 2,565 | $735,500 | 2025-09-18 |
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 |
|---|---|---|---|---|---|---|
| 15867 SW 44th St | single_family | 5 | 3 | 2,812 | $1,050,000 | — |
| 4450 SW 164th Ave | single_family | 5 | 3 | 2,733 | $925,000 | — |
| 15454 SW 41st Ter | single_family | 5 | 5 | 3,056 | $950,000 | — |
| 14800 SW 29th Ter | single_family | 5 | 4 | 3,340 | $1,335,000 | — |
| 16234 SW 48th Ter | single_family | 5 | 3 | 2,624 | $1,600,000 | — |
| 16588 SW 44th St | single_family | 5 | 4 | 2,731 | $1,200,000 | — |
| 16237 SW 44th Ter | single_family | 5 | 4 | 2,916 | $999,999 | — |
| 5441 SW 155th Pl | single_family | 5 | 4 | 2,677 | $739,998 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $849,647 | $38,182 | -$16,307 | $652,765 | $196,882 |
| 2 | $875,136 | $39,467 | -$15,111 | $645,119 | $230,018 |
| 3 | $901,391 | $40,795 | -$13,876 | $636,947 | $264,443 |
| 4 | $928,432 | $42,166 | -$12,599 | $628,215 | $300,217 |
| 5 | $956,285 | $43,582 | -$11,280 | $618,883 | $337,402 |
| 6 | $984,974 | $45,044 | -$9,917 | $608,910 | $376,064 |
| 7 | $1,014,523 | $46,554 | -$8,509 | $598,252 | $416,271 |
| 8 | $1,044,959 | $48,113 | -$7,054 | $586,862 | $458,097 |
| 9 | $1,076,307 | $49,723 | -$5,551 | $574,690 | $501,617 |
| 10 | $1,108,597 | $51,386 | -$3,998 | $561,682 | $546,914 |