| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $630,000 |
| Down payment (20.0%) | $126,000 |
| Loan amount | $504,000 |
| Closing costs (5.0%) | $31,500 |
| Total cash to close | $157,500 |
| Income | |
| Rent (comp-derived) | $3,995$47,940 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,675$44,105 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $998$11,970 |
| Insurance (placeholder 0.8% of price) | $420$5,040 |
| HOA dues | $61$732 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $200$2,397 |
| Total operating expenses | $1,678$20,139 |
| 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) | $200$2,397 |
| 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 | 4 | 2 | 2,053 | $4,500 | 2026-08-11 | — | |
| single_family | 4 | 3 | 2,152 | $4,000 | 2026-08-10 | — | |
| single_family | 4 | 3 | 1,802 | $3,850 | 2026-06-19 | — | |
| single_family | 4 | 2 | 2,109 | $3,460 | — | — | |
| single_family | 4 | 2 | 2,280 | $3,995 | — | — |
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 |
|---|---|---|---|---|---|---|
| 320 NW 136th Ave | single_family | 4 | 3 | 2,326 | $785,000 | 2026-07-21 |
| 13237 NW 11th St | single_family | 4 | 4 | 2,338 | $725,000 | 2026-07-09 |
| 12855 NW 7th Ter | single_family | 4 | 3 | — | $705,000 | 2026-06-30 |
| 13238 NW 8th Ter | single_family | 4 | 2 | 1,899 | $670,000 | 2026-06-18 |
| 311 NW 132nd Ct | single_family | 4 | 2 | 2,276 | $568,000 | 2026-06-12 |
| 10 NW 125th Ave | single_family | 4 | 3 | 1,840 | $1,700,000 | 2026-06-04 |
| 13347 NW 5th Ter | single_family | 4 | 2 | 1,412 | $565,000 | 2026-06-03 |
| 1051 NW 128th Ave | single_family | 4 | 2 | 1,878 | $690,000 | 2026-06-03 |
| 800 NW 133rd Ave | single_family | 4 | 2 | 1,602 | $510,000 | 2026-05-14 |
| 220 NW 130th Ave | single_family | 4 | 3 | 2,396 | $1,725,000 | 2026-04-30 |
| 615 NW 134th Pl | single_family | 4 | 2 | 1,642 | $715,000 | 2026-04-30 |
| 12770 NW 11th St | single_family | 4 | 2 | 1,867 | $640,000 | 2026-04-20 |
| 714 NW 134th Pl | single_family | 4 | 2 | 2,011 | $750,000 | 2026-04-15 |
| 815 NW 126th Ct | single_family | 4 | 2 | 1,834 | $670,000 | 2026-04-14 |
| 699 NW 134th Pl | single_family | 4 | 2 | 1,776 | $670,000 | 2026-03-19 |
| 704 NW 129th Ct | single_family | 4 | 3 | 2,922 | $885,000 | 2026-03-11 |
| 1081 NW 128th Pl | single_family | 4 | 2 | 1,786 | $685,000 | 2026-02-20 |
| 1025 NW 128th Ct | single_family | 4 | 2 | 2,278 | $730,000 | 2026-02-12 |
| 13337 NW 3rd Ln | single_family | 4 | 2 | 1,592 | $630,000 | 2026-02-12 |
| 765 NW 129th Pl | single_family | 4 | 3 | 2,723 | $760,000 | 2026-01-09 |
| 12715 NW 11th Ter | single_family | 4 | 2 | 1,822 | $750,000 | 2025-12-29 |
| 13190 NW 6th St | single_family | 4 | 6 | 4,043 | $1,600,000 | 2025-11-12 |
| 933 NW 136th Ave | single_family | 4 | 3 | 2,176 | $750,000 | 2025-10-30 |
| 1143 NW 134th Pl | single_family | 4 | 2 | 1,642 | $705,000 | 2025-10-28 |
| 1143 NW 134th Pl | single_family | 4 | 2 | 1,642 | $705,000 | 2025-10-23 |
| 910 NW 133rd Ave | single_family | 4 | 2 | 1,965 | $645,000 | 2025-10-02 |
| 864 NW 136th Ave | single_family | 4 | 4 | 2,956 | $800,000 | 2025-10-01 |
| 13602 NW 10th St | single_family | 4 | 4 | 2,945 | $770,000 | 2025-09-30 |
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 |
|---|---|---|---|---|---|---|
| 901 NW 128th Pl | single_family | 4 | 2 | 1,786 | $699,000 | — |
| 942 NW 133rd Ct | single_family | 4 | 4 | 2,676 | $840,000 | — |
| 13249 NW 9th Ln | single_family | 4 | 3 | 2,421 | $799,999 | — |
| 12693 NW 8th Ter | single_family | 4 | 3 | 1,690 | $550,000 | — |
| 1050 NW 129th Ave | single_family | 4 | 3 | 1,907 | $769,000 | — |
| 279 NW 119th Ave | single_family | 4 | 4 | 3,000 | $3,200,000 | — |
| 323 NW 136th Pl | single_family | 4 | 3 | 2,378 | $1,065,000 | — |
| 849 NW 136th Ave | single_family | 4 | 3 | 2,065 | $769,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $648,900 | $23,966 | -$17,297 | $498,536 | $150,364 |
| 2 | $668,367 | $24,785 | -$16,538 | $492,696 | $175,671 |
| 3 | $688,418 | $25,632 | -$15,752 | $486,455 | $201,963 |
| 4 | $709,071 | $26,507 | -$14,940 | $479,786 | $229,285 |
| 5 | $730,343 | $27,411 | -$14,101 | $472,658 | $257,684 |
| 6 | $752,253 | $28,344 | -$13,234 | $465,042 | $287,211 |
| 7 | $774,821 | $29,308 | -$12,338 | $456,902 | $317,919 |
| 8 | $798,065 | $30,304 | -$11,411 | $448,203 | $349,862 |
| 9 | $822,007 | $31,333 | -$10,453 | $438,907 | $383,100 |
| 10 | $846,667 | $32,396 | -$9,464 | $428,973 | $417,695 |