| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $900,000 |
| Down payment (20.0%) | $180,000 |
| Loan amount | $720,000 |
| Closing costs (5.0%) | $45,000 |
| Total cash to close | $225,000 |
| Income | |
| Rent (comp-derived) | $4,100$49,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,772$45,264 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,425$17,100 |
| Insurance (placeholder 0.8% of price) | $600$7,200 |
| HOA dues | $500$6,000 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $205$2,460 |
| Total operating expenses | $2,730$32,760 |
| 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) | $205$2,460 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 4 | 3 | 1,894 | $4,100 | 2026-05-27 | — | |
| townhomes | 4 | 5 | 2,599 | $5,500 | 2026-08-21 | — | |
| townhomes | 4 | 4 | 1,862 | $5,000 | 2026-08-26 | — | |
| townhomes | 4 | 4 | 1,808 | $3,650 | 2026-08-25 | — | |
| townhomes | 4 | 3 | 2,214 | $3,900 | 2026-08-25 | — | |
| townhomes | 4 | 3 | 2,214 | $3,500 | 2026-05-02 | — | |
| townhomes | 4 | 3 | 1,712 | $4,000 | 2026-07-30 | — | |
| townhomes | 4 | 4 | 2,020 | $4,500 | 2026-02-24 | — | |
| townhomes | 4 | 3 | 1,904 | $3,990 | 2026-08-17 | — | |
| townhomes | 4 | 3 | 2,306 | $4,000 | 2026-04-28 | — | |
| townhomes | 4 | 3 | 1,888 | $4,350 | 2024-07-10 | — | |
| townhomes | 4 | 3 | 2,245 | $4,800 | 2026-08-14 | — | |
| townhomes | 4 | 4 | 2,020 | $4,700 | 2026-02-27 | — | |
| townhomes | 4 | 3 | 1,712 | $3,850 | 2026-07-24 | — | |
| townhomes | 4 | 3 | 1,712 | $4,100 | 2026-08-13 | — | |
| townhomes | 4 | 4 | 1,862 | $5,500 | 2026-07-01 | — | |
| townhomes | 4 | 3 | 1,904 | $4,200 | 2026-07-29 | — | |
| townhomes | 4 | 3 | 1,783 | $4,200 | 2026-08-13 | — | |
| townhomes | 4 | 4 | 2,310 | $5,000 | 2026-07-17 | — | |
| townhomes | 4 | 3 | 1,712 | $3,850 | — | — | |
| townhomes | 4 | 3 | 1,894 | $3,500 | 2026-07-27 | — | |
| townhomes | 4 | 3 | 2,206 | $3,900 | 2026-05-01 | — |
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 |
|---|---|---|---|---|---|---|
| 10183 NW 43rd Ter | townhomes | 4 | 3 | 1,861 | $650,000 | 2026-08-24 |
| 7903 NW 105th Ave | townhomes | 4 | 4 | 2,020 | $815,000 | 2026-08-21 |
| 5820 NW 104th Ct | townhomes | 4 | 3 | 2,206 | $780,000 | 2026-08-14 |
| 10832 NW 84th St | townhomes | 4 | 4 | 2,249 | $740,000 | 2026-08-04 |
| 4844 NW 110th Pl | townhomes | 4 | 2 | 2,304 | $695,000 | 2026-07-30 |
| 8869 NW 103rd Pl | townhomes | 4 | 3 | 1,757 | $600,000 | 2026-07-28 |
| 8121 NW 108th Pl | townhomes | 4 | 3 | 1,894 | $590,000 | 2026-07-22 |
| 10460 NW 67th St | townhomes | 4 | 3 | 1,812 | $690,000 | 2026-07-02 |
| 8730 NW 110th Ave | townhomes | 4 | 3 | 2,277 | $684,900 | 2026-06-30 |
| 7469 NW 112th Pl | townhomes | 4 | 3 | 2,211 | $740,000 | 2026-06-30 |
| 5507 NW 113th Ave | townhomes | 4 | 3 | 2,276 | $625,000 | 2026-06-29 |
| 9820 NW 88th St | townhomes | 4 | 3 | 1,783 | $625,000 | 2026-06-24 |
| 8070 NW 108th Pl | townhomes | 4 | 3 | 1,894 | $654,900 | 2026-06-18 |
| 10502 NW 66th St | townhomes | 4 | 3 | 1,826 | $700,000 | 2026-06-08 |
| 8780 NW 116th Path | townhomes | 4 | 2 | 1,850 | $685,000 | 2026-06-01 |
| 9860 NW 88th St | townhomes | 4 | 3 | 1,783 | $630,000 | 2026-05-20 |
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 |
|---|---|---|---|---|---|---|
| 11351 NW 64th Ter | single_family | 4 | 2 | 2,011 | $1,140,000 | — |
| 8945 NW 98th Ave | single_family | 4 | 3 | 1,783 | $650,000 | — |
| 10776 NW 83rd Ter Unit 1-19 | condos | 4 | 3 | 1,507 | $499,999 | — |
| 11101 NW 72nd Ter | single_family | 4 | 5 | 2,680 | $1,870,000 | — |
| 10709 NW 81st Ln | condos | 4 | 3 | 1,894 | $605,000 | — |
| 8542 NW 111th Ct | single_family | 4 | 4 | 2,975 | $900,000 | — |
| 11628 NW 87th Ln Unit 11628 | townhomes | 4 | 3 | 1,912 | $689,900 | — |
| 7651 NW 114th Path | single_family | 4 | 3 | 1,894 | $565,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $927,000 | $12,504 | -$45,479 | $712,194 | $214,806 |
| 2 | $954,810 | $13,043 | -$45,002 | $703,851 | $250,959 |
| 3 | $983,454 | $13,602 | -$44,505 | $694,936 | $288,518 |
| 4 | $1,012,958 | $14,182 | -$43,990 | $685,408 | $327,550 |
| 5 | $1,043,347 | $14,784 | -$43,454 | $675,227 | $368,120 |
| 6 | $1,074,647 | $15,408 | -$42,898 | $664,346 | $410,301 |
| 7 | $1,106,886 | $16,056 | -$42,320 | $652,717 | $454,169 |
| 8 | $1,140,093 | $16,728 | -$41,719 | $640,291 | $499,802 |
| 9 | $1,174,296 | $17,424 | -$41,096 | $627,011 | $547,285 |
| 10 | $1,209,525 | $18,147 | -$40,449 | $612,819 | $596,706 |