1000 NW 9th Ct
Miami, FL 33136 · single_family · For Sale · 215 days on market
Asking price$3,995,000
4 beds 5 baths — sqft
Suggested offer$1,949,597$2,045,403 above the est. market value of $1,949,597.
View on Realtor.com →Listed by Uccio Zecchini · Bzg International, Llc
Typesingle_family
Built2025
Price / sqft—
Est. value (Realtor.com)$1,949,597
Rent estimate (own analysis)$5,800/mo
HOANone
1 / 44
Show every detail
Statusfor_sale
Listed date2026-01-30
Removed date—
MLSMiamiMLS #A11955793
Coordinates25.78335, -80.21065
Address1000 NW 9th Ct
CityMiami
StateFL
Zip33136
Listing ID5448695069
Sourceus-real-estate-listings, cached 2026-08-25
Listing description
Welcome to Jungle Book. A one-of-a-kind architectural masterpiece in Spring Garden, one of Miami's most historic and charming neighborhoods along the Miami River. Designed by Trelles Cabarrocas Architects, this 4-bedroom, 5-bathroom home with 2,862 SF of living area and 5,052 SF of total area was thoughtfully built around the property's lush, mature trees, blending nature with modern living. The result is a livable work of art offering unmatched privacy and serenity just minutes from Miami's top dining, shopping, entertainment, and beaches. Featuring expansive outdoor living areas, striking design, and seamless indoor-outdoor flow, this home is an entertainer's dream and unlike anything else on the market. Property comes fully furnished.
Property information
Rental Info
- Lease Considered: Yes
Homeowners Association
- Senior Community: No
Other Property Info
- Annual Tax Amount: 9702
- Source Listing Status: Active
- County: Miami-Dade
- Tax Year: 2025
- Restrictions: NoRestrictions
- Source Property Type: Residential
- Area: 31
- Source Neighborhood: SPRING GARDEN
- Parcel Number: 01-31-35-027-0330
- Postal City: Miami
- Postal Code Plus 4: 3013
- Public Survey Range: 31
- Public Survey Section: 35
- Public Survey Township: 1
- Subdivision: SPRING GARDEN
- Zoning Description: 0100
- Property Subtype: SingleFamilyResidence
Building and Construction
- Year Built: 2025
- Direction Faces: East
- Levels: Two
- Living Area Source: Builder
- New Construction: Yes
- Property Age: 1
- Roof: Composition, Concrete
- Levels or Stories: 2
- Year Built Details: New Construction
- Architectural Style: Detached, TwoStory
Property features
Interior Features
- BedroomOnMainLevel
- SecondFloorEntry
- EntranceFoyer
- FirstFloorEntry
- KitchenIsland
- CustomMirrors
- Pantry
- WalkInClosets
- Loft
- Flooring: Concrete, Hardwood, Tile, Wood
- Window Features: ImpactGlass
Appliances
- SomeGasAppliances
- Dryer
- Dishwasher
- GasRange
- GasWaterHeater
- Refrigerator
- Washer
Heating and Cooling
- Cooling Features: CentralAir, CeilingFans
- Heating Features: Central
- Heating: Yes
- Ceiling Fans: Yes
Exterior and Lot Features
- SecurityHighImpactDoors
- Patio
- RoomForPool
- Patio And Porch Features: Patio
- Patio: Yes
Garage and Parking
- Covered Spaces: 1
- Garage Spaces: 1
- Parking Features: Driveway
Land Info
- Lot Description: SprinklersAutomatic, LessThanQuarterAcre
- Lot Size Acres: 0.1512397
- Lot Size Square Feet: 6588
Utilities
- Sewer: PublicSewer
- Water Source: Public
Annual property tax
| Year | Assessed value | Tax paid |
|---|---|---|
| 2025 | $465,103 | $9,676 |
| 2024 | $465,103 | $9,701 |
| 2023 | $564,099 | $11,975 |
| 2022 | $349,641 | $7,587 |
| 2021 | $328,291 | $7,503 |
| 2020 | $309,683 | $6,088 |
| 2019 | $309,683 | $6,990 |
| 2018 | $149,964 | $4,596 |
| 2017 | $291,977 | $4,356 |
| 2016 | $123,938 | $3,689 |
| 2015 | $112,671 | $3,300 |
| 2014 | $102,429 | $2,864 |
| 2013 | $93,118 | $2,489 |
| 2012 | $108,736 | $2,836 |
| 2011 | $107,686 | $2,829 |
| 2010 | $122,552 | $3,346 |
| 2009 | $143,974 | $2,725 |
| 2008 | $248,066 | $5,043 |
| 2007 | $252,253 | $5,359 |
Real multi-year tax history from US Real Estate Listings.
Listings history
Each provider's latest estimate
| Valuation provider | As of | Estimate |
|---|---|---|
| Cotality™ | 2026-08-10 | $4,138,100 |
| Quantarium | 2026-08-26 | $1,949,597 |
Independent automated valuation models, none of them Realtor.com's own. They disagree — that spread is why the chart draws a band rather than one line.
| Date | Event | Price |
|---|---|---|
| 2026-05-13 | Price Changed | $3,995,000 |
| 2026-05-13 | Price Changed for rent | $22,500 |
| 2026-01-30 | Listed | $4,450,000 |
| 2026-01-29 | Price Changed for rent | $25,000 |
| 2026-01-26 | Price Changed for rent | $27,500 |
| 2025-10-01 | Price Changed for rent | $43,300 |
| 2025-09-15 | Listed for rent | $43,333 |
| 2025-08-10 | Listing removed | — |
| 2025-08-10 | Listing removed | — |
| 2025-06-17 | Listed for rent | $25,000 |
| 2025-06-17 | Price Changed | $3,995,000 |
| 2025-05-16 | Listed | $4,495,000 |
| 2022-05-06 | Sold | $700,000 |
| 2018-04-02 | Sold | $300,000 |
| 2004-10-29 | Sold | $350,000 |
| 2003-04-08 | Sold | $236,000 |
| 1997-08-22 | Sold | $130,000 |
| 1990-12-24 | Sold | $46,000 |
Real listing/price/sale history from US Real Estate Listings.
Permits history
| project_name | permit_type_of_work | permit_project_type_1 | permit_project_type_2 | permit_project_type_3 | permit_effective_date | permit_status |
|---|---|---|---|---|---|---|
| — | Building | Residential | — | — | Aug 12, 2025 | Final |
| — | Tree permit | Landscape | — | — | Jul 21, 2025 | Final |
| — | plumbing | Plumbing | — | — | Jul 21, 2025 | Final |
| — | Building | Multi-room remodel | — | — | Apr 23, 2025 | Final |
| — | Building | Multi-room remodel | — | — | Apr 3, 2025 | Final |
| — | Electrical | Bathroom remodel | Electrical work | Electrical work: low voltage | Mar 31, 2025 | Final |
| — | Electrical | Electrical work | Electrical work: low voltage | — | Mar 27, 2025 | Final |
| — | plumbing gas | Plumbing | — | — | Feb 24, 2025 | Final |
| — | Mechanical air | Hvac | Mechanical work | Plumbing | Feb 18, 2025 | Final |
| — | Electrical | Electrical work | — | — | Jan 29, 2025 | Final |
| — | Building roofing | Roofing | — | — | Jan 10, 2025 | Final |
| — | Building roofing | Roofing | — | — | Dec 10, 2024 | Final |
| — | Building | Doors and windows | — | — | Oct 25, 2024 | Final |
| — | Building | Doors and windows | — | — | Apr 24, 2024 | Final |
| — | plumbing | Plumbing | — | — | Oct 20, 2023 | Final |
| — | Building | Demolition | — | — | Sep 2, 2022 | Final |
ZIP market snapshot (33136)
Typical home value (ZHVI)$317,970
Typical rent (ZORI)$2,599/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $3,995,000 |
| Down payment (20.0%) | $799,000 |
| Loan amount | $3,196,000 |
| Closing costs (5.0%) | $199,750 |
| Total cash to close | $998,750 |
| Income | |
| Rent (comp-derived) | $5,800$69,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,336$64,032 |
| Operating expenses | |
| Property tax (real billed amount, county tax history) | $806$9,676 |
| Insurance (placeholder 0.8% of price) | $2,663$31,960 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $290$3,480 |
| Total operating expenses | $3,760$45,116 |
| 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) | $290$3,480 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Widened to city-wide. 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 | 4 | 3,085 | $16,900 | 2026-08-21 | — | |
| single_family | 4 | 2 | 1,697 | $4,000 | 2026-08-20 | — | |
| single_family | 4 | 2 | 1,754 | $7,200 | 2026-08-19 | — | |
| single_family | 4 | 5 | 2,466 | $17,000 | 2026-08-19 | — | |
| single_family | 4 | 3 | 2,103 | $8,500 | 2026-08-18 | — | |
| single_family | 4 | 2 | 1,976 | $3,100 | 2026-08-18 | — | |
| single_family | 4 | 3 | 2,948 | $17,500 | 2026-08-18 | — | |
| single_family | 4 | 2 | 1,190 | $3,495 | 2026-08-18 | — | |
| single_family | 4 | 2 | 1,647 | $4,500 | 2026-08-17 | — | |
| single_family | 4 | 3 | 2,160 | $4,700 | 2026-08-17 | — | |
| single_family | 4 | 3 | 2,311 | $15,500 | 2026-08-15 | — | |
| single_family | 4 | 4 | 3,539 | $14,500 | 2026-08-14 | — | |
| single_family | 4 | 3 | 1,696 | $7,500 | 2026-08-14 | — | |
| single_family | 4 | 3 | 1,983 | $3,900 | 2026-08-14 | — | |
| single_family | 4 | 3 | 1,900 | $10,000 | 2026-08-14 | — | |
| single_family | 4 | 2 | 1,650 | $3,500 | 2026-08-14 | — | |
| single_family | 4 | 2 | 2,149 | $3,900 | 2026-08-13 | — | |
| single_family | 4 | 3 | 1,323 | $3,995 | 2026-08-13 | — | |
| single_family | 4 | 4 | 3,000 | $25,000 | 2026-08-12 | — | |
| single_family | 4 | 4 | 2,080 | $9,450 | 2026-08-12 | — | |
| single_family | 4 | 2 | 1,473 | $3,950 | 2026-08-12 | — | |
| single_family | 4 | 4 | 2,763 | $14,000 | 2026-08-11 | — | |
| single_family | 4 | 2 | 1,499 | $4,100 | 2026-08-11 | — | |
| single_family | 4 | 3 | 2,749 | $22,000 | 2026-08-11 | — | |
| single_family | 4 | 4 | 2,160 | $9,000 | 2026-08-10 | — | |
| single_family | 4 | 1 | 1,048 | $2,500 | 2026-08-10 | — | |
| single_family | 4 | 2 | 1,634 | $4,950 | 2026-08-07 | — | |
| single_family | 4 | 5 | 2,594 | $7,000 | 2026-08-07 | — | |
| single_family | 4 | 2 | 1,534 | $4,900 | 2026-08-05 | — | |
| single_family | 4 | 5 | 2,962 | $19,000 | 2026-08-04 | — | |
| single_family | 4 | 4 | 3,315 | $11,000 | 2026-07-27 | — | |
| single_family | 4 | 5 | 3,360 | $32,000 | 2026-07-27 | — | |
| single_family | 4 | 2 | 1,486 | $4,500 | 2026-07-27 | — | |
| single_family | 4 | 5 | 3,585 | $24,000 | 2026-07-23 | — | |
| single_family | 4 | 3 | 1,675 | $3,350 | — | — | |
| single_family | 4 | 2 | 1,732 | $4,000 | 2026-07-22 | — | |
| single_family | 4 | 3 | 1,655 | $5,300 | 2026-07-22 | — | |
| single_family | 4 | 2 | 1,149 | $3,250 | 2026-07-20 | — | |
| single_family | 4 | 3 | 1,812 | $4,000 | 2026-07-18 | — | |
| single_family | 4 | 3 | 2,890 | $19,000 | 2026-07-17 | — | |
| single_family | 4 | 3 | 1,320 | $5,800 | 2026-07-17 | — | |
| single_family | 4 | 3 | 1,212 | $3,500 | 2026-07-16 | — | |
| single_family | 4 | 5 | 4,632 | $20,000 | 2026-07-16 | — | |
| single_family | 4 | 4 | 2,347 | $14,000 | 2026-07-16 | — | |
| single_family | 4 | 2 | 1,408 | $5,000 | 2026-07-15 | — | |
| single_family | 4 | 1 | 1,225 | $2,800 | 2026-07-15 | — | |
| single_family | 4 | 3 | 2,452 | $9,000 | 2026-07-14 | — | |
| single_family | 4 | 3 | 1,957 | $12,000 | 2026-07-14 | — | |
| single_family | 4 | 3 | 2,741 | $6,500 | 2026-08-30 | — | |
| single_family | 4 | 3 | 2,454 | $10,500 | 2026-07-13 | — | |
| single_family | 4 | 4 | 3,799 | $22,000 | 2026-07-09 | — | |
| single_family | 4 | 2 | — | $3,300 | 2026-07-09 | — | |
| single_family | 4 | 2 | 1,252 | $3,799 | 2026-07-08 | — | |
| single_family | 4 | 2 | 1,602 | $5,300 | 2026-07-07 | — | |
| single_family | 4 | 5 | 3,618 | $16,000 | 2026-07-07 | — | |
| single_family | 4 | 3 | 2,890 | $14,500 | 2026-07-07 | — | |
| single_family | 4 | 2 | 1,200 | $3,800 | 2026-07-06 | — | |
| single_family | 4 | 2 | 995 | $2,800 | 2026-07-05 | — | |
| single_family | 4 | 5 | — | $6,500 | 2026-07-03 | — | |
| single_family | 4 | 3 | 2,400 | $7,998 | 2026-07-02 | — | |
| single_family | 4 | 5 | 3,970 | $25,000 | 2026-07-01 | — | |
| single_family | 4 | 3 | 2,391 | $6,300 | 2026-07-01 | — | |
| single_family | 4 | 2 | 1,799 | $6,500 | 2026-07-01 | — | |
| single_family | 4 | 3 | 2,045 | $9,000 | 2026-06-30 | — | |
| single_family | 4 | 4 | 2,145 | $6,499 | 2026-06-27 | — | |
| single_family | 4 | 2 | 2,360 | $5,500 | 2026-06-26 | — | |
| single_family | 4 | 3 | 3,016 | $7,500 | 2026-03-17 | — | |
| single_family | 4 | 3 | 3,160 | $3,950 | 2026-06-25 | — | |
| single_family | 4 | 5 | 3,220 | $12,500 | 2026-06-23 | — | |
| single_family | 4 | 2 | 1,874 | $3,650 | 2026-06-22 | — | |
| single_family | 4 | 4 | 2,863 | $19,500 | 2026-06-22 | — | |
| single_family | 4 | 4 | 3,086 | $16,500 | 2026-06-21 | — | |
| single_family | 4 | 2 | 2,808 | $4,000 | 2026-06-19 | — | |
| single_family | 4 | 3 | 1,717 | $9,000 | 2026-06-19 | — | |
| single_family | 4 | 2 | 1,500 | $2,600 | 2026-06-19 | — | |
| single_family | 4 | 4 | 3,249 | $15,000 | 2026-06-18 | — | |
| single_family | 4 | 3 | 1,749 | $5,500 | 2026-06-17 | — | |
| single_family | 4 | 3 | 1,585 | $3,800 | 2026-06-12 | — | |
| single_family | 4 | 4 | 2,357 | $7,250 | 2026-06-11 | — | |
| single_family | 4 | 3 | 2,171 | $11,000 | 2026-06-11 | — | |
| single_family | 4 | 4 | 1,701 | $4,250 | 2026-06-10 | — | |
| single_family | 4 | 2 | 1,550 | $4,200 | 2026-06-10 | — | |
| single_family | 4 | 3 | 1,588 | $6,000 | 2026-06-09 | — | |
| single_family | 4 | 4 | 2,314 | $16,800 | 2026-06-08 | — | |
| single_family | 4 | 3 | 1,534 | $3,210 | 2026-06-06 | — | |
| single_family | 4 | 5 | 3,821 | $22,000 | 2026-06-04 | — | |
| single_family | 4 | 2 | 1,652 | $6,000 | 2026-06-02 | — | |
| single_family | 4 | 5 | 3,875 | $30,000 | 2026-06-02 | — | |
| single_family | 4 | 3 | 3,938 | $10,500 | 2026-05-27 | — | |
| single_family | 4 | 4 | 2,996 | $16,000 | 2026-05-27 | — | |
| single_family | 4 | 2 | 1,400 | $4,300 | 2026-05-26 | — | |
| single_family | 4 | 3 | 1,788 | $7,600 | 2026-05-24 | — | |
| single_family | 4 | 4 | 2,517 | $11,500 | 2026-05-22 | — | |
| single_family | 4 | 3 | 2,050 | $10,000 | 2026-05-21 | — | |
| single_family | 4 | 3 | 2,075 | $8,750 | 2026-05-21 | — | |
| single_family | 4 | 3 | 1,680 | $4,000 | 2026-05-20 | — | |
| single_family | 4 | 4 | 2,252 | $6,200 | 2026-05-11 | — | |
| single_family | 4 | 4 | 4,221 | $19,500 | 2026-05-09 | — | |
| single_family | 4 | 2 | 1,420 | $900 | 2026-05-08 | — | |
| single_family | 4 | 4 | 4,898 | $38,500 | 2026-05-07 | — | |
| single_family | 4 | 1 | 1,226 | $2,800 | 2026-05-07 | — | |
| single_family | 4 | 2 | 1,250 | $3,950 | 2026-05-05 | — | |
| single_family | 4 | 2 | 1,434 | $3,600 | 2026-05-05 | — | |
| single_family | 4 | 2 | 1,876 | $4,950 | 2026-08-04 | — | |
| single_family | 4 | 2 | 2,364 | $7,000 | 2026-08-03 | — | |
| single_family | 4 | 2 | 1,436 | $4,000 | 2026-08-03 | — | |
| single_family | 4 | 2 | 2,300 | $5,200 | 2026-08-03 | — | |
| single_family | 4 | 2 | 1,649 | $4,900 | 2026-08-03 | — | |
| single_family | 4 | 4 | 2,192 | $11,500 | 2026-08-27 | — | |
| single_family | 4 | 2 | 1,421 | $3,600 | 2026-08-01 | — | |
| single_family | 4 | 1 | 1,267 | $3,800 | 2026-07-31 | — | |
| single_family | 4 | 2 | 1,734 | $3,600 | 2026-07-30 | — | |
| single_family | 4 | 1 | 1,200 | $3,000 | 2026-07-29 | — | |
| single_family | 4 | 4 | 2,017 | $5,600 | 2026-07-28 | — | |
| single_family | 4 | 3 | 1,192 | $4,750 | 2026-07-28 | — | |
| single_family | 4 | 3 | 2,799 | $8,000 | 2026-03-18 | — | |
| single_family | 4 | 3 | 1,859 | $4,000 | 2026-04-20 | — | |
| single_family | 4 | 2 | 2,408 | $6,550 | 2026-06-02 | — | |
| single_family | 4 | 2 | 2,324 | $4,200 | 2026-08-21 | — | |
| single_family | 4 | 4 | 1,834 | $8,950 | 2026-03-20 | — | |
| single_family | 4 | 2 | 1,729 | $4,800 | 2026-03-11 | — | |
| single_family | 4 | 2 | 1,643 | $4,000 | 2026-08-22 | — | |
| single_family | 4 | 5 | 2,323 | $6,000 | 2026-08-23 | — | |
| single_family | 4 | 2 | 2,247 | $6,500 | 2026-08-22 | — | |
| single_family | 4 | 3 | 1,960 | $4,250 | 2026-05-18 | — | |
| single_family | 4 | 3 | 1,910 | $4,500 | 2026-03-11 | — | |
| single_family | 4 | 3 | 2,225 | $5,200 | 2026-04-07 | — | |
| single_family | 4 | 3 | 1,347 | $3,450 | 2026-04-03 | — | |
| single_family | 4 | 4 | 2,436 | $16,000 | 2026-02-16 | — | |
| single_family | 4 | 5 | 2,500 | $10,500 | 2026-03-18 | — | |
| single_family | 4 | 2 | 1,363 | $3,675 | 2026-01-31 | — | |
| single_family | 4 | 3 | 2,438 | $10,785 | 2025-06-19 | — | |
| single_family | 4 | 2 | 1,781 | $6,500 | 2026-04-15 | — | |
| single_family | 4 | 2 | 1,175 | $6,000 | 2026-04-01 | — | |
| single_family | 4 | 3 | 2,122 | $6,200 | — | — | |
| single_family | 4 | 2 | 2,027 | $3,600 | — | — | |
| single_family | 4 | 2 | 1,330 | $3,200 | — | — | |
| single_family | 4 | 3 | — | $3,500 | — | — | |
| single_family | 4 | 2 | — | $2,650 | — | — | |
| single_family | 4 | 2 | 1,440 | $3,750 | — | — | |
| single_family | 4 | 2 | 2,027 | $3,850 | — | — | |
| single_family | 4 | 2 | 2,000 | $3,300 | — | — | |
| single_family | 4 | 2 | 912 | $3,700 | — | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 1104 NW 6th St | single_family | 3 | 2 | 1,649 | $550,000 | 2026-06-15 |
| 855 NW 9th Ct | single_family | 2 | 1 | 937 | $830,000 | 2026-06-05 |
| 901 NW 10th Ct | single_family | 3 | 1 | 1,395 | $840,000 | 2026-06-05 |
| 828 NW 9th Ave | single_family | 3 | 2 | 1,793 | $1,062,500 | 2026-05-26 |
| 1000 NW 11th Ct | single_family | 2 | 1 | 1,180 | $969,000 | 2026-04-20 |
| 901 NW 7th Street Rd | single_family | 2 | 1 | 1,896 | $2,050,000 | 2026-03-19 |
| 771 NW 12th St | single_family | 4 | 2 | 1,220 | $5,000,000 | 2026-03-16 |
| 752 NW 7th Street Rd | single_family | 5 | 3 | 2,958 | $2,000,000 | 2026-02-20 |
| 691 NW 7th Street Rd | single_family | 3 | 3 | 1,840 | $1,550,000 | 2026-01-27 |
| 1945 NW 3rd Ave | single_family | 3 | 2 | 1,175 | $500,000 | 2026-01-06 |
| 5374733545 | single_family | 3 | 2 | 1,222 | $350,000 | 2025-12-11 |
| 641 NW 7th Street Rd | single_family | 4 | 5 | 2,584 | $3,500,000 | 2025-10-20 |
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 |
|---|---|---|---|---|---|---|
| 1975 NW 3rd Ct Unit 39 | condo_townhome_rowhome_coop | 4 | 3 | 1,347 | $489,900 | — |
| 733 NW 4th Ave | single_family | 4 | 1 | 1,065 | $899,000 | — |
| 1110N NW North River Dr | single_family | 4 | 3 | 2,195 | $4,995,000 | — |
10-year hold projection
IRR-5.7%
Equity multiple0.05x
Total return (10yr)-$425,272
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $4,114,850 | $18,916 | -$231,024 | $3,161,348 | $953,502 |
| 2 | $4,238,296 | $19,709 | -$230,318 | $3,124,317 | $1,113,979 |
| 3 | $4,365,444 | $20,532 | -$229,585 | $3,084,743 | $1,280,702 |
| 4 | $4,496,408 | $21,385 | -$228,823 | $3,042,451 | $1,453,957 |
| 5 | $4,631,300 | $22,269 | -$228,033 | $2,997,254 | $1,634,046 |
| 6 | $4,770,239 | $23,186 | -$227,212 | $2,948,955 | $1,821,284 |
| 7 | $4,913,346 | $24,137 | -$226,359 | $2,897,338 | $2,016,008 |
| 8 | $5,060,746 | $25,123 | -$225,474 | $2,842,177 | $2,218,570 |
| 9 | $5,212,569 | $26,144 | -$224,556 | $2,783,227 | $2,429,341 |
| 10 | $5,368,946 | $27,204 | -$223,603 | $2,720,230 | $2,648,716 |
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.