| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $450,000 |
| Down payment (20.0%) | $90,000 |
| Loan amount | $360,000 |
| Closing costs (5.0%) | $22,500 |
| Total cash to close | $112,500 |
| Income | |
| Rent (estimate) | $5,653$67,831 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,200$62,405 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $713$8,550 |
| Insurance (placeholder 0.8% of price) | $300$3,600 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $283$3,392 |
| Total operating expenses | $1,295$15,542 |
| 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) | $283$3,392 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 2419-2421 Johnson St Units 2419 & 2421 | multi_family | 5 | 4 | 2,287 | $590,000 | 2026-08-19 |
| 1807 N 17th Ave # 1-4 | multi_family | 5 | 4 | 2,733 | $950,000 | 2026-08-06 |
| 1116 S 17th Ave | multi_family | 5 | 5 | 2,688 | $720,000 | 2026-07-17 |
| 2535 Lincoln St | multi_family | 5 | — | 3,200 | $990,000 | 2026-04-01 |
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 |
|---|---|---|---|---|---|---|
| 2703 Adams St | single_family | 5 | 3 | 2,856 | $859,000 | — |
| 2827 Arthur St | single_family | 5 | 3 | 2,242 | $869,000 | — |
| 1515 Dewey St | single_family | 5 | 3 | — | $949,000 | — |
| 1704 Rodman St | single_family | 5 | 4 | 4,753 | $1,099,000 | — |
| 2844 Funston St | single_family | 5 | 2 | 2,193 | $599,900 | — |
| 2513 Lincoln St | single_family | 5 | 5 | 4,544 | $890,000 | — |
| 1220 S 29th Ave | single_family | 5 | 5 | 1,788 | $747,777 | — |
| 1110 S 29th Ave | multi_family | 5 | 4 | 2,128 | $725,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $463,500 | $46,863 | $15,710 | $356,097 | $107,403 |
| 2 | $477,405 | $48,347 | $17,109 | $351,925 | $125,480 |
| 3 | $491,727 | $49,877 | $18,552 | $347,468 | $144,259 |
| 4 | $506,479 | $51,455 | $20,041 | $342,704 | $163,775 |
| 5 | $521,673 | $53,082 | $21,577 | $337,613 | $184,060 |
| 6 | $537,324 | $54,761 | $23,162 | $332,172 | $205,151 |
| 7 | $553,443 | $56,491 | $24,797 | $326,358 | $227,085 |
| 8 | $570,047 | $58,276 | $26,483 | $320,145 | $249,902 |
| 9 | $587,148 | $60,117 | $28,223 | $313,505 | $273,643 |
| 10 | $604,762 | $62,015 | $30,018 | $306,408 | $298,354 |