| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $490,000 |
| Down payment (20.0%) | $98,000 |
| Loan amount | $392,000 |
| Closing costs (5.0%) | $24,500 |
| Total cash to close | $122,500 |
| Income | |
| Rent (comp-derived) | $3,200$38,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,944$35,328 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $776$9,310 |
| Insurance (placeholder 0.8% of price) | $327$3,920 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $160$1,920 |
| Total operating expenses | $1,263$15,150 |
| 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) | $160$1,920 |
| 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 | 3 | 2 | 1,220 | $2,500 | 2026-06-29 | — | |
| single_family | 3 | 2 | 1,350 | $3,200 | 2026-08-26 | — | |
| single_family | 3 | 1 | 1,117 | $3,000 | 2026-06-02 | — | |
| single_family | 3 | 2 | 1,640 | $3,200 | — | — | |
| single_family | 3 | 3 | 1,649 | $3,500 | 2026-08-27 | — |
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 |
|---|---|---|---|---|---|---|
| 533 E 23rd St | single_family | 3 | 2 | 1,488 | $495,000 | 2026-09-02 |
| 571 E 60th St | single_family | 3 | 2 | 960 | $550,000 | 2026-08-27 |
| 5340 E 4th Ave | single_family | 3 | 2 | 1,240 | $525,000 | 2026-08-19 |
| 6324 E 6th Ave | single_family | 3 | 2 | 1,307 | $630,000 | 2026-08-18 |
| 508 E 40th St | single_family | 3 | 2 | 1,312 | $535,000 | 2026-08-13 |
| 671 E 53rd St | single_family | 3 | 2 | 1,753 | $600,000 | 2026-08-04 |
| 415 E 52nd St | single_family | 3 | 1 | 1,002 | $378,000 | 2026-07-31 |
| 161 E 36th St | single_family | 3 | 2 | 1,040 | $545,000 | 2026-07-28 |
| 434 E 21st St | single_family | 3 | 2 | 2,156 | $700,000 | 2026-07-23 |
| 30 E 59th St | single_family | 3 | 2 | 1,803 | $660,000 | 2026-07-22 |
| 300 E 43rd St | single_family | 3 | 2 | 1,750 | $577,600 | 2026-07-14 |
| 251 E 49th St | single_family | 3 | 1 | 1,213 | $500,000 | 2026-07-09 |
| 4997 E 9th Ln | single_family | 3 | 2 | 1,985 | $425,000 | 2026-07-08 |
| 3320 E 10th Ave | single_family | 3 | 1 | 936 | $465,000 | 2026-07-08 |
| 729 E 23rd St | single_family | 3 | 2 | 1,204 | $625,000 | 2026-06-30 |
| 116 E 59th St | single_family | 3 | 2 | — | $600,000 | 2026-06-29 |
| 4318 E 8th Ct | single_family | 3 | 1 | 1,468 | $350,000 | 2026-06-19 |
| 4347 E 9th Ct | single_family | 3 | 2 | 1,000 | $500,000 | 2026-06-16 |
| 721 E 29th St | single_family | 3 | 2 | 1,656 | $420,000 | 2026-06-16 |
| 381 E 61st St | single_family | 3 | 2 | 1,486 | $555,000 | 2026-06-10 |
| 4485 E 8th Ave | single_family | 3 | 1 | 1,403 | $515,000 | 2026-06-09 |
| 775 E 31st St | single_family | 3 | 1 | 1,150 | $600,000 | 2026-06-05 |
| 61 E 39th St | single_family | 3 | 1 | 1,258 | $400,000 | 2026-06-01 |
| 667 E 20th St | single_family | 3 | 1 | 1,287 | $540,000 | 2026-05-26 |
| 661 E 30th St | single_family | 3 | 1 | 1,430 | $580,000 | 2026-05-26 |
| 141 E 52nd Pl | single_family | 3 | 1 | 1,000 | $585,000 | 2026-05-26 |
| 5190 E 8th Ln | single_family | 3 | 1 | 1,008 | $455,000 | 2026-05-22 |
| 799 E 30th St | single_family | 3 | 2 | 1,721 | $555,000 | 2026-05-13 |
| 257 E 38th St | single_family | 3 | 1 | 1,094 | $550,000 | 2026-05-11 |
| 120 E 39th St | single_family | 3 | 1 | 880 | $550,000 | 2026-05-07 |
| 5015 E Palm Ct | single_family | 3 | 1 | 1,653 | $595,000 | 2026-05-04 |
| 681 E 45th St | single_family | 3 | 1 | 1,424 | $560,000 | 2026-04-23 |
| 251 E 57th St | single_family | 3 | 1 | 1,505 | $497,000 | 2026-04-23 |
| 4990 E 1st Ave | single_family | 3 | 1 | 1,402 | $530,000 | 2026-04-21 |
| 5941 E 6th Ave | single_family | 3 | 2 | 1,308 | $649,000 | 2026-04-17 |
| 940 E 21st St | single_family | 3 | 2 | 1,309 | $559,000 | 2026-04-10 |
| 6341 E 6th Ave | single_family | 3 | 2 | 1,304 | $590,000 | 2026-04-10 |
| 67 E 63rd St | single_family | 3 | 1 | 1,078 | $370,000 | 2026-04-01 |
| 171 E 56th St | single_family | 3 | 2 | 1,343 | $600,000 | 2026-03-31 |
| 3360 E 10th Ave | single_family | 3 | 1 | 936 | $625,999 | 2026-03-11 |
| 4631 E 8th Ct | single_family | 3 | 2 | 1,000 | $535,000 | 2026-03-10 |
| 3880 E 8th Ln | single_family | 3 | 2 | 924 | $550,000 | 2026-03-10 |
| 4310 E 9th Ln | single_family | 3 | 1 | 1,025 | $440,000 | 2026-03-10 |
| 6340 E 3rd Ave | single_family | 3 | 1 | 1,579 | $230,000 | 2026-03-09 |
| 1012 E 20th St | single_family | 3 | 2 | 1,450 | $600,000 | 2026-03-06 |
| 614 E 56th St | single_family | 3 | 2 | 2,054 | $660,000 | 2026-02-20 |
| 825 E 35th St | single_family | 3 | 2 | 2,616 | $620,000 | 2026-02-10 |
| 665 E 31st St | single_family | 3 | 2 | 1,568 | $575,000 | 2026-02-03 |
| 320 E 58th St | single_family | 3 | 1 | 1,040 | $560,000 | 2026-01-16 |
| 4205 E 10th Ave | single_family | 3 | 1 | 1,670 | $680,000 | 2026-01-15 |
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 |
|---|---|---|---|---|---|---|
| 267 E 56th St | single_family | 3 | 2 | 1,235 | $579,900 | — |
| 733 E 26th St | multi_family | 3 | 2 | 1,886 | $500,000 | — |
| 4585 E 9th Ln | single_family | 3 | 1 | 1,268 | $569,900 | — |
| 30 E 36th St | single_family | 3 | 2 | 1,515 | $600,000 | — |
| 3831 E 10th Ave | single_family | 3 | 2 | 1,719 | $649,000 | — |
| 367 E 46th St | single_family | 3 | 2 | 948 | $539,000 | — |
| 500 E 30th St | single_family | 3 | 2 | 2,233 | $657,000 | — |
| 636 E 48th St | single_family | 3 | 1 | 924 | $558,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $504,700 | $20,178 | -$11,971 | $387,750 | $116,950 |
| 2 | $519,841 | $20,859 | -$11,338 | $383,208 | $136,633 |
| 3 | $535,436 | $21,563 | -$10,684 | $378,354 | $157,082 |
| 4 | $551,499 | $22,289 | -$10,008 | $373,167 | $178,333 |
| 5 | $568,044 | $23,039 | -$9,309 | $367,623 | $200,421 |
| 6 | $585,086 | $23,814 | -$8,588 | $361,699 | $223,387 |
| 7 | $602,638 | $24,614 | -$7,842 | $355,368 | $247,270 |
| 8 | $620,717 | $25,440 | -$7,071 | $348,602 | $272,115 |
| 9 | $639,339 | $26,294 | -$6,275 | $341,372 | $297,967 |
| 10 | $658,519 | $27,175 | -$5,452 | $333,645 | $324,874 |