| 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) | $2,825$33,900 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,599$31,188 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $942$11,305 |
| Insurance (placeholder 0.8% of price) | $397$4,760 |
| HOA dues | $220$2,640 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $141$1,695 |
| Total operating expenses | $1,700$20,400 |
| 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) | $141$1,695 |
| 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 | 2 | 3 | 1,346 | $2,750 | 2026-08-03 | — | |
| townhomes | 2 | 3 | 1,914 | $3,200 | 2026-08-25 | — | |
| townhomes | 2 | 3 | 1,395 | $2,650 | 2026-08-24 | — | |
| townhomes | 2 | 3 | 1,395 | $2,900 | 2026-02-27 | — |
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 |
|---|---|---|---|---|---|---|
| 6250 SW 130th Ave Apt 702 | townhomes | 2 | 3 | 1,100 | $390,000 | 2026-08-24 |
| 8749 SW 137th Ave Unit 8749 | townhomes | 2 | 3 | 1,346 | $335,000 | 2026-08-21 |
| 13890 SW 64th St | townhomes | 2 | 3 | 1,200 | $445,000 | 2026-07-31 |
| 13501 SW 62nd St Unit 101 | townhomes | 2 | 3 | 1,334 | $400,000 | 2026-06-30 |
| 12849 SW 65th St | townhomes | 2 | 2 | 1,170 | $455,000 | 2026-06-26 |
| 13731 SW 84th St Unit C11 | townhomes | 2 | 3 | 1,395 | $335,000 | 2026-06-24 |
| 8769 SW 137th Ave Unit 8769 | townhomes | 2 | 3 | 1,346 | $262,000 | 2026-06-12 |
| 12853 SW 64th Ln | townhomes | 2 | 2 | 1,170 | $449,000 | 2026-06-12 |
| 13855 SW 64th St Unit 13855 | townhomes | 2 | 3 | 1,200 | $435,000 | 2026-06-11 |
| 6346 SW 136th Ct Unit 110H | townhomes | 2 | 3 | 1,340 | $376,000 | 2026-06-09 |
| 13446 SW 62nd St Unit 102E | townhomes | 2 | 3 | 1,160 | $409,900 | 2026-06-05 |
| 7027 SW 127th Ct | townhomes | 2 | 2 | 1,025 | $455,000 | 2026-06-03 |
| 5914 SW 133rd Ct | townhomes | 2 | 2 | 962 | $379,000 | 2026-05-28 |
| 14371 SW 62nd St | townhomes | 2 | 2 | 1,471 | $436,000 | 2026-04-21 |
| 6279 SW 128th Ct | townhomes | 2 | 3 | 1,170 | $424,999 | 2026-04-16 |
| 6309 SW 138th Pl | townhomes | 2 | 3 | 1,308 | $409,500 | 2026-03-31 |
| 13900 SW 65th Ter Unit 9 | townhomes | 2 | 2 | 896 | $300,000 | 2026-03-03 |
| 13270 SW 58th Ter Unit 9-5 | townhomes | 2 | 2 | 936 | $350,000 | 2026-02-28 |
| 8317 SW 137th Ave Unit 8317 | townhomes | 2 | 3 | 1,346 | $360,000 | 2026-01-30 |
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 |
|---|---|---|---|---|---|---|
| 14250 SW 62nd St Apt 408 | condos | 2 | 2 | 1,020 | $275,000 | — |
| 12940 SW 64th Ln Unit 312-3 | condos | 2 | 2 | 890 | $275,000 | — |
| 8301 SW 137th Ave Unit 8301 | condos | 2 | 3 | 1,346 | $399,000 | — |
| 8420 SW 133rd Ave Rd Apt 105 | condos | 2 | 2 | 965 | $235,000 | — |
| 8311 SW 142nd Ave Apt I204 | condos | 2 | 2 | 845 | $283,999 | — |
| 13412 SW 62nd St Unit 103M | condos | 2 | 3 | 1,020 | $360,000 | — |
| 5800 SW 127th Ave Apt 2420 | condos | 2 | 2 | 1,170 | $265,000 | — |
| 13951 Kendale Lakes Cir Unit 310A | condos | 2 | 2 | 1,248 | $325,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $612,850 | $10,788 | -$27,614 | $470,839 | $142,011 |
| 2 | $631,236 | $11,214 | -$27,231 | $465,324 | $165,912 |
| 3 | $650,173 | $11,655 | -$26,833 | $459,430 | $190,743 |
| 4 | $669,678 | $12,111 | -$26,421 | $453,131 | $216,547 |
| 5 | $689,768 | $12,585 | -$25,993 | $446,400 | $243,368 |
| 6 | $710,461 | $13,075 | -$25,550 | $439,206 | $271,255 |
| 7 | $731,775 | $13,582 | -$25,090 | $431,519 | $300,256 |
| 8 | $753,728 | $14,108 | -$24,614 | $423,304 | $330,425 |
| 9 | $776,340 | $14,653 | -$24,119 | $414,524 | $361,816 |
| 10 | $799,630 | $15,216 | -$23,607 | $405,142 | $394,489 |