| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,975,000 |
| Down payment (20.0%) | $395,000 |
| Loan amount | $1,580,000 |
| Closing costs (5.0%) | $98,750 |
| Total cash to close | $493,750 |
| Income | |
| Rent (comp-derived) | $7,000$84,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,440$77,280 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $3,127$37,525 |
| Insurance (est. scaled by flood & wind risk) | $1,975$23,700 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $350$4,200 |
| Total operating expenses | $5,452$65,425 |
| 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) | $350$4,200 |
| 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 | 5 | 5 | 3,544 | $5,500 | 2026-08-01 | — | |
| single_family | 5 | 3 | 3,153 | $7,000 | 2026-07-27 | — | |
| single_family | 5 | 3 | 2,494 | $8,500 | 2026-08-29 | — |
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 |
|---|---|---|---|---|---|---|
| 16048 NW 82nd Pl | single_family | 5 | 3 | 3,122 | $1,200,000 | 2026-08-20 |
| 16214 NW 82nd Pl | single_family | 5 | 6 | 4,269 | $1,200,000 | 2026-08-19 |
| 8305 NW 157th Ter | single_family | 5 | 4 | 3,299 | $1,475,000 | 2026-07-30 |
| 8560 NW 164th St | single_family | 5 | 4 | 4,262 | $1,399,000 | 2026-07-17 |
| 7813 NW 165th St | single_family | 5 | 4 | 3,933 | $1,646,000 | 2026-06-23 |
| 7993 NW 161st Ter | single_family | 5 | 4 | 2,889 | $1,450,000 | 2026-06-04 |
| 6215537309 | single_family | 5 | 4 | 2,594 | $1,435,000 | 2026-05-21 |
| 15560 NW 83rd Pl | single_family | 5 | 3 | 3,447 | $1,695,000 | 2026-05-07 |
| 8123 NW 161st Ter | single_family | 5 | 4 | 2,889 | $1,100,000 | 2026-04-27 |
| 8204 NW 165th St | single_family | 5 | 4 | — | $1,000,000 | 2026-04-22 |
| 16524 NW 77th Path | single_family | 5 | 3 | 3,412 | $1,125,000 | 2026-03-02 |
| 16421 NW 83rd Ct | single_family | 5 | 5 | 3,536 | $975,000 | 2026-02-27 |
| 16533 NW 77th Path | single_family | 5 | 3 | 3,392 | $1,300,000 | 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 |
|---|---|---|---|---|---|---|
| 15951 NW 79th Ct | single_family | 5 | 4 | 2,889 | $1,550,000 | — |
| 16022 NW 83rd Ct | single_family | 5 | 5 | 2,940 | $2,499,990 | — |
| 5445 W 27th Ln | single_family | 5 | 2 | 2,086 | $595,000 | — |
| 16101 NW 79th Ct | single_family | 5 | 4 | 3,232 | $1,250,000 | — |
| 14332 Ardoch Pl | single_family | 5 | 8 | 5,664 | $2,970,000 | — |
| 16422 NW 83rd Pl | single_family | 5 | 4 | 3,767 | $1,350,000 | — |
| 16232 NW 79th Ave | single_family | 5 | 5 | 3,569 | $1,429,999 | — |
| 8135 NW 164th Ter | single_family | 5 | 5 | 3,544 | $1,249,900 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $2,034,250 | $11,855 | -$114,187 | $1,562,869 | $471,381 |
| 2 | $2,095,278 | $12,538 | -$113,609 | $1,544,562 | $550,715 |
| 3 | $2,158,136 | $13,249 | -$113,006 | $1,524,998 | $633,138 |
| 4 | $2,222,880 | $13,990 | -$112,375 | $1,504,090 | $718,790 |
| 5 | $2,289,566 | $14,762 | -$111,716 | $1,481,746 | $807,820 |
| 6 | $2,358,253 | $15,566 | -$111,028 | $1,457,868 | $900,385 |
| 7 | $2,429,001 | $16,403 | -$110,309 | $1,432,351 | $996,650 |
| 8 | $2,501,871 | $17,275 | -$109,560 | $1,405,081 | $1,096,790 |
| 9 | $2,576,927 | $18,182 | -$108,777 | $1,375,938 | $1,200,989 |
| 10 | $2,654,235 | $19,126 | -$107,961 | $1,344,794 | $1,309,441 |