| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $680,000 |
| Down payment (20.0%) | $136,000 |
| Loan amount | $544,000 |
| Closing costs (5.0%) | $34,000 |
| Total cash to close | $170,000 |
| Income | |
| Rent (comp-derived) | $2,950$35,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,714$32,568 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,077$12,920 |
| Insurance (placeholder 0.8% of price) | $453$5,440 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $148$1,770 |
| Total operating expenses | $1,678$20,130 |
| 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) | $148$1,770 |
| 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 | 2 | 1 | 1,611 | $3,300 | 2026-08-14 | — | |
| single_family | 2 | 2 | 2,109 | $3,000 | 2026-08-04 | — | |
| single_family | 2 | 1 | 1,732 | $2,650 | 2026-08-04 | — | |
| single_family | 2 | 1 | 750 | $1,975 | 2026-07-29 | — | |
| single_family | 2 | 1 | 818 | $2,950 | 2026-08-26 | — |
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 |
|---|---|---|---|---|---|---|
| 4641 SW 99th Ct | single_family | 2 | 1 | 812 | $550,000 | 2026-08-31 |
| 4901 SW 97th Ave | single_family | 2 | 2 | 1,327 | $580,000 | 2026-08-04 |
| 10730 SW 47th St | single_family | 2 | 1 | 1,000 | $610,000 | 2026-07-07 |
| 10532 SW 21st Ln | single_family | 2 | 2 | 1,138 | $485,000 | 2026-05-12 |
| 5020 SW 93rd Ct | single_family | 2 | 1 | 2,100 | $500,000 | 2026-05-11 |
| 10741 SW 48th Ter | single_family | 2 | 1 | 848 | $600,000 | 2026-05-06 |
| 3820 SW 88th Ct | single_family | 2 | 1 | 800 | $445,000 | 2026-04-14 |
| 9200 SW 45th Ter | single_family | 2 | 1 | 1,300 | $800,000 | 2026-03-26 |
| 2102 SW 106th Ct | single_family | 2 | 2 | 1,138 | $490,000 | 2026-03-26 |
| 2525 SW 88th Ave | single_family | 2 | 1 | 825 | $500,000 | 2026-03-18 |
| 11065 SW 52nd Dr | single_family | 2 | 2 | 1,155 | $597,000 | 2026-03-18 |
| 2054 SW 102nd Ct | single_family | 2 | 2 | 964 | $455,000 | 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 |
|---|---|---|---|---|---|---|
| 10110 SW 22nd Ter | townhomes | 2 | 1 | 964 | $509,999 | — |
| 4641 SW 99th Ct | single_family | 2 | 1 | 812 | $559,000 | — |
| 8990 SW 24th St Apt 19 | condos | 2 | 2 | 1,015 | $325,000 | — |
| 1809 SW 107th Ave Apt 2707 | townhomes | 2 | 2 | 828 | $365,900 | — |
| 10541 SW 21st Ln | single_family | 2 | 2 | 1,138 | $534,990 | — |
| 10300 Coral Way Unit C25 | condos | 2 | 2 | 830 | $300,000 | — |
| 10112 SW 23rd St | townhomes | 2 | 1 | 824 | $434,999 | — |
| 9265 SW 38th St | single_family | 2 | 1 | 1,298 | $659,900 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $700,400 | $12,438 | -$31,283 | $538,102 | $162,298 |
| 2 | $721,412 | $12,912 | -$30,853 | $531,799 | $189,613 |
| 3 | $743,054 | $13,402 | -$30,408 | $525,063 | $217,992 |
| 4 | $765,346 | $13,910 | -$29,947 | $517,864 | $247,482 |
| 5 | $788,306 | $14,436 | -$29,469 | $510,171 | $278,135 |
| 6 | $811,956 | $14,980 | -$28,973 | $501,950 | $310,006 |
| 7 | $836,314 | $15,543 | -$28,460 | $493,164 | $343,150 |
| 8 | $861,404 | $16,126 | -$27,928 | $483,775 | $377,629 |
| 9 | $887,246 | $16,730 | -$27,378 | $473,741 | $413,505 |
| 10 | $913,863 | $17,354 | -$26,807 | $463,018 | $450,845 |