13778 SW 118th Ter
Miami, FL 33186 · townhomes · For Sale · 37 days on market
Asking price$595,000
4 beds 3 baths 2,102 sqft
Listed by Rob Ureta · Keyes - Sunset
Typetownhomes
Built2005
Price / sqft$283
Est. value (own analysis)$620,910
Rent estimate (own analysis)$3,548/mo
HOA$438/mo
Wind10/10Extreme$Heat10/10ExtremeFlood3/10moderate$Air2/10MinorWildfire1/10Minimal
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Statusfor_sale
Listed date2026-07-27
Removed date—
MLSMiamiMLS #A12060099
Coordinates25.65738, -80.41738
Address13778 SW 118th Ter
CityMiami
StateFL
Zip33186
Listing ID5450799050
Sourceus-real-estate-listings, cached 2026-09-02
ZIP market snapshot (33186)
Typical home value (ZHVI)$523,583
Typical rent (ZORI)$2,574/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 | $595,000 |
| Down payment (20.0%) | $119,000 |
| Loan amount | $476,000 |
| Closing costs (5.0%) | $29,750 |
| Total cash to close | $148,750 |
| Income | |
| Rent (comp-derived) | $3,548$42,570 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,264$39,164 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $942$11,305 |
| Insurance (est. scaled by flood & wind risk) | $635$7,616 |
| HOA dues | $438$5,256 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $177$2,129 |
| Total operating expenses | $2,192$26,306 |
| 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) | $177$2,129 |
| 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
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| townhomes | 4 | 3 | 1,774 | $4,000 | 2026-08-06 | — | |
| townhomes | 4 | 3 | 1,793 | $3,500 | 2026-07-17 | — | |
| townhomes | 4 | 3 | 1,793 | $3,595 | 2026-06-18 | — | |
| townhomes | 4 | 3 | 1,758 | $3,200 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 12334 SW 124th Path | townhomes | 4 | 3 | 1,793 | $520,000 | 2026-08-11 |
| 13743 SW 116th Ter | townhomes | 4 | 3 | 2,102 | $565,000 | 2026-08-07 |
| 14317 SW 125th Ct | townhomes | 4 | 2 | 1,596 | $495,000 | 2026-08-06 |
| 12732 SW 131st Ter | townhomes | 4 | 3 | 1,812 | $545,000 | 2026-06-30 |
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 |
|---|---|---|---|---|---|---|
| 14452 SW 115th St | single_family | 4 | 2 | 1,775 | $655,000 | — |
| 14630 SW 132nd Ct | single_family | 4 | 2 | 2,459 | $689,000 | — |
| 11723 SW 95th Ter | single_family | 4 | 2 | 2,405 | $925,000 | — |
| 12231 SW 103rd Ter | single_family | 4 | 3 | 2,289 | $1,399,999 | — |
| 14405 SW 124th Ct | single_family | 4 | 3 | 1,927 | $589,900 | — |
| 12958 SW 135th St | townhomes | 4 | 3 | 1,758 | $525,000 | — |
| 9712 SW 133rd Pl | single_family | 4 | 3 | 1,550 | $780,000 | — |
| 10311 SW 134th Ave | single_family | 4 | 3 | 2,037 | $825,000 | — |
10-year hold projection
IRR-1.6%
Equity multiple0.74x
Total return (10yr)$38,840
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $612,850 | $12,859 | -$25,976 | $470,839 | $142,011 |
| 2 | $631,236 | $13,376 | -$25,512 | $465,324 | $165,912 |
| 3 | $650,173 | $13,912 | -$25,031 | $459,430 | $190,743 |
| 4 | $669,678 | $14,468 | -$24,531 | $453,131 | $216,547 |
| 5 | $689,768 | $15,044 | -$24,013 | $446,400 | $243,368 |
| 6 | $710,461 | $15,640 | -$23,475 | $439,206 | $271,255 |
| 7 | $731,775 | $16,258 | -$22,917 | $431,519 | $300,256 |
| 8 | $753,728 | $16,898 | -$22,339 | $423,304 | $330,425 |
| 9 | $776,340 | $17,562 | -$21,739 | $414,524 | $361,816 |
| 10 | $799,630 | $18,249 | -$21,116 | $405,142 | $394,489 |
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.