4196 S Douglas Rd

Miami, FL 33133 · single_family · For Sale · 107 days on market
Asking price$10,995,000
6 beds 7 baths 5,825 sqft
Suggested offer$10,943,045$51,955 above the est. market value of $10,943,045.
View on Realtor.com →
Listed by Karl Hueck · The Lab Realty Group, llc
Typesingle_family
Built2007
Price / sqft$1888
Est. value (own analysis)$10,943,045
Rent estimate (own analysis)$26,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-05-18
Removed date
MLSMiamiMLS #A12020056
Coordinates25.71306, -80.25317
Address4196 S Douglas Rd
CityMiami
StateFL
Zip33133
Listing ID5423589227
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33133)

Typical home value (ZHVI)$1,352,044
Typical rent (ZORI)$3,793/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$10,995,000
Down payment (20.0%)$2,199,000
Loan amount$8,796,000
Closing costs (5.0%)$549,750
Total cash to close$2,748,750
Rent (comp-derived)$26,500$318,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$318,000
Vacancy rate (assumption) assumption8.0%

$318,000 × 8.0% = $25,440

Effective gross income$24,380$292,560
Property tax (placeholder 1.9% of price)$17,409$208,905
Insurance (est. scaled by flood & wind risk)$10,995$131,940
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,325$15,900
Total operating expenses$29,729$356,745
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$292,560
Total operating expenses derived$356,745

$292,560 − $356,745 = -$64,185

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$8,796,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$8,796,000 amortized at 6.7% over 30 years = $56,525/mo

CapEx reserve (5.0% of GSR)$1,325$15,900
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-$64,185
Annual debt service derived$678,306
Annual CapEx reserve assumption$15,900
Annual PMI assumption$0

(-$64,185 − $678,306 − $15,900 − $0) ÷ 12 = -$63,199

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$64,185
Purchase price data$10,995,000

-$64,185 ÷ $10,995,000 = -0.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$758,391
Total cash to close derived$2,748,750

-$758,391 ÷ $2,748,750 = -27.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$64,185
Annual debt service derived$678,306

-$64,185 ÷ $678,306 = -0.09

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$318,000
Purchase price data$10,995,000

($318,000 ÷ 12) ÷ $10,995,000 = 0.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$10,995,000
Gross scheduled rent (annual) comp$318,000

$10,995,000 ÷ $318,000 = 34.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$356,745
Effective gross income derived$292,560

$356,745 ÷ $292,560 = 121.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$356,745
Annual debt service derived$678,306
Annual PMI assumption$0
Gross scheduled rent (annual) comp$318,000

($356,745 + $678,306 + $0) ÷ $318,000 = 325.5%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family675,850$25,0002026-07-21
single_family665,322$28,0002026-06-17
single_family664,181$18,0002026-08-03
single_family646,112$30,000

10005 SW 66th St

Miami, 33173 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,850
Listed2026-07-21
Days on market

Asking rent: $25,000

View on Zillow →

6220 SW 86th St

Miami, 33143 · rent comp

Bedrooms / bathrooms6 bd / 6 ba
Square footage5,322
Listed2026-06-17
Days on market

Asking rent: $28,000

View on Zillow →

6200 SW 97th Ave

Miami, 33173 · rent comp

Bedrooms / bathrooms6 bd / 6 ba
Square footage4,181
Listed2026-08-03
Days on market

Asking rent: $18,000

View on Zillow →

10506 SW 89th Pl

Miami, 33176 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage6,112
Listed
Days on market

Asking rent: $30,000

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
2496 Abaco Avesingle_family653,417$2,699,9992026-08-19
6970 Sunrise Drsingle_family676,460$13,000,0002026-08-13
4040 Kiaora Stsingle_family688,833$22,500,0002026-07-27
215 S Shore Drsingle_family664,626$6,500,0002026-07-10
6850 Sunrise Ctsingle_family685,551$16,350,0002026-06-15
6853 Sunrise Ctsingle_family685,431$16,300,0002026-05-18
3701 Park Avesingle_family676,707$12,600,0002026-04-30
3069 Hibiscus Stsingle_family664,136$1,800,0002026-03-16
2910 Emathla Stsingle_family689,143$12,500,0002026-02-09
3700 Hibiscus Stsingle_family675,458$10,725,0002026-02-04
1661 Onaway Drsingle_family676,281$8,150,0002026-02-04
3200 Calusa Stsingle_family675,248$6,200,0002026-02-03
3467 N Moorings Waysingle_family676,268$16,500,0002026-01-22
3320 Devon Rdsingle_family666,355$14,970,0002026-01-21
2931 Emathla Stsingle_family646,218$10,345,0002025-12-18

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.

AddressTypeBedsBathsSqftAsking priceDays on market
3835 Carole Ctsingle_family689,561$16,400,000
2655 S Bayshore Dr Unit 1801-02condos674,833$14,750,000
2100 SW 25th Stsingle_family632,147$450,000
2884 SW 36th Avemulti_family642,932$1,279,000
3231 SW 25th Stmulti_family632,027$1,075,000
3036 Center Stmulti_family642,322$1,795,000
2635 SW 34th Ctmulti_family642,942$1,275,000
1818 Espanola Drsingle_family654,334$4,195,000

10-year hold projection

IRR-8.5%
Equity multiple-0.44x
Total return (10yr)-$2,513,300
YearProperty valueNOICash flowLoan balanceEquity
1$11,324,850-$64,185-$758,391$8,700,632$2,624,218
2$11,664,596-$64,327-$758,930$8,598,715$3,065,881
3$12,014,533-$64,428-$759,439$8,489,799$3,524,735
4$12,374,969-$64,487-$759,915$8,373,404$4,001,566
5$12,746,218-$64,501-$760,357$8,249,015$4,497,203
6$13,128,605-$64,467-$760,762$8,116,085$5,012,520
7$13,522,463-$64,383-$761,128$7,974,027$5,548,437
8$13,928,137-$64,246-$761,451$7,822,213$6,105,924
9$14,345,981-$64,053-$761,731$7,659,974$6,686,008
10$14,776,361-$63,801-$761,964$7,486,593$7,289,767
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.