| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $775,000 |
| Down payment (20.0%) | $155,000 |
| Loan amount | $620,000 |
| Closing costs (5.0%) | $38,750 |
| Total cash to close | $193,750 |
| Income | |
| Rent (comp-derived) | $5,100$61,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,692$56,304 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,227$14,725 |
| Insurance (placeholder 0.8% of price) | $517$6,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $255$3,060 |
| Total operating expenses | $1,999$23,985 |
| 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) | $255$3,060 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Widened to city-wide. 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 | 3 | 2,540 | $3,920 | — | — | |
| single_family | 5 | 4 | 1,769 | $5,450 | — | — | |
| single_family | 5 | 2 | 1,750 | $4,900 | 2026-07-01 | — | |
| single_family | 5 | 5 | 2,759 | $5,100 | 2026-08-07 | — | |
| single_family | 5 | 5 | 2,909 | $5,900 | 2026-08-04 | — | |
| single_family | 5 | 3 | 2,263 | $4,200 | — | — | |
| single_family | 5 | 5 | 3,017 | $5,500 | — | — |
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 |
|---|---|---|---|---|---|---|
| 4265 W 8th Ave | single_family | 5 | 4 | 2,102 | $730,000 | 2026-08-05 |
| 937 W 33rd St | single_family | 5 | 4 | 2,599 | $810,000 | 2026-07-06 |
| 5431 W 2nd Ave | single_family | 5 | 2 | 1,476 | $604,000 | 2026-06-15 |
| 766 W 36th St | single_family | 5 | 3 | 2,136 | $695,000 | 2026-06-09 |
| 3920 W 3rd Ave | single_family | 5 | 2 | 1,847 | $655,000 | 2026-05-26 |
| 3581 W 2nd Ave | single_family | 5 | 2 | 1,485 | $440,000 | 2026-05-07 |
| 4141 W 4th Ave | single_family | 5 | 3 | 2,410 | $639,000 | 2026-05-05 |
| 6120 NW 110th Ter | single_family | 5 | 3 | 1,963 | $685,000 | 2026-05-01 |
| 261 W 41st St | single_family | 5 | 3 | 3,158 | $597,700 | 2026-04-10 |
| 1317 W 61st Pl | single_family | 5 | 2 | 1,900 | $630,000 | 2026-04-09 |
| 5355 W 5th Ln | single_family | 5 | 3 | 1,929 | $645,000 | 2026-03-24 |
| 900 W 50th Pl | single_family | 5 | 3 | 1,776 | $620,000 | 2026-02-19 |
| 6520 W 8th Ln | single_family | 5 | 3 | 2,055 | $690,000 | 2025-12-15 |
| 839 W 39th Pl | single_family | 5 | 5 | 3,864 | $860,000 | 2025-10-29 |
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 |
|---|---|---|---|---|---|---|
| 700 W 51st Pl | single_family | 5 | 4 | 2,293 | $895,000 | — |
| 142 W 35th St | single_family | 5 | 2 | 1,610 | $720,000 | — |
| 6265 W 10th Ave | single_family | 5 | 4 | 3,315 | $1,595,000 | — |
| 340 W 55th St | single_family | 5 | 3 | 2,421 | $719,997 | — |
| 6185 W 10th Ave | single_family | 5 | 4 | 1,852 | $2,000,000 | — |
| 1450 W 37th St | single_family | 5 | 3 | 2,728 | $850,000 | — |
| 733 W 33rd St | single_family | 5 | 3 | 2,280 | $650,000 | — |
| 4210 W 6th Ave | single_family | 5 | 3 | 2,100 | $829,900 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $798,250 | $32,319 | -$18,552 | $613,278 | $184,972 |
| 2 | $822,198 | $33,408 | -$17,539 | $606,094 | $216,104 |
| 3 | $846,863 | $34,534 | -$16,493 | $598,417 | $248,447 |
| 4 | $872,269 | $35,696 | -$15,411 | $590,212 | $282,057 |
| 5 | $898,437 | $36,896 | -$14,293 | $581,445 | $316,993 |
| 6 | $925,391 | $38,135 | -$13,139 | $572,075 | $353,316 |
| 7 | $953,152 | $39,415 | -$11,945 | $562,062 | $391,091 |
| 8 | $981,747 | $40,736 | -$10,713 | $551,361 | $430,386 |
| 9 | $1,011,199 | $42,101 | -$9,439 | $539,925 | $471,274 |
| 10 | $1,041,535 | $43,510 | -$8,123 | $527,704 | $513,831 |