| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,850,000 |
| Down payment (20.0%) | $370,000 |
| Loan amount | $1,480,000 |
| Closing costs (5.0%) | $92,500 |
| Total cash to close | $462,500 |
| Income | |
| Rent (comp-derived) | $5,250$63,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,830$57,960 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,929$35,150 |
| Insurance (placeholder 0.8% of price) | $1,233$14,800 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $263$3,150 |
| Total operating expenses | $4,425$53,100 |
| 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) | $263$3,150 |
| 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 | 4 | 3 | 2,223 | $4,400 | 2026-08-20 | — | |
| single_family | 4 | 4 | 2,361 | $6,000 | 2026-08-19 | — | |
| single_family | 4 | 2 | 1,953 | $3,600 | 2026-08-14 | — | |
| single_family | 4 | 2 | 2,233 | $3,900 | 2026-08-10 | — | |
| single_family | 4 | 3 | 1,974 | $3,550 | 2026-07-08 | — | |
| single_family | 4 | 3 | 1,899 | $4,200 | 2026-07-02 | — | |
| single_family | 4 | 3 | 2,752 | $10,700 | 2026-06-24 | — | |
| single_family | 4 | 3 | 2,043 | $5,995 | 2026-06-17 | — | |
| single_family | 4 | 3 | 2,318 | $6,000 | 2026-06-12 | — | |
| single_family | 4 | 3 | 2,105 | $4,800 | 2026-05-27 | — | |
| single_family | 4 | 3 | 1,912 | $3,750 | 2026-08-04 | — | |
| single_family | 4 | 2 | 1,893 | $3,560 | — | — | |
| single_family | 4 | 3 | 2,318 | $6,000 | 2026-04-23 | — | |
| single_family | 4 | 3 | 2,524 | $5,250 | — | — | |
| single_family | 4 | 3 | 2,052 | $9,750 | 2026-06-12 | — | |
| single_family | 4 | 4 | 2,094 | $6,500 | 2026-04-14 | — | |
| single_family | 4 | 4 | 2,654 | $5,300 | — | — |
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 |
|---|---|---|---|---|---|---|
| 19329 NE 8th Ct | single_family | 4 | 3 | 2,223 | $850,000 | 2026-08-28 |
| 1890 NE 211th Ter | single_family | 4 | 3 | 2,148 | $1,365,000 | 2026-08-25 |
| 1111 NE 200th Ter | single_family | 4 | 3 | 2,103 | $656,000 | 2026-08-12 |
| 1271 NE 211th St | single_family | 4 | 2 | 1,673 | $475,000 | 2026-08-12 |
| 21304 NE 19th Ct | single_family | 4 | 3 | 2,148 | $1,000,000 | 2026-08-11 |
| 2101 NE 211th Ter | single_family | 4 | 4 | 3,006 | $1,535,000 | 2026-08-04 |
| 1900 NE 210th St | single_family | 4 | 4 | 2,506 | $1,175,000 | 2026-08-03 |
| 1850 NE 197th Ter | single_family | 4 | 3 | 2,556 | $1,850,000 | 2026-07-08 |
| 2011 NE 211th Ter | single_family | 4 | 3 | 2,811 | $1,450,000 | 2026-06-29 |
| 1980 NE 185th Ter | single_family | 4 | 3 | 2,289 | $940,000 | 2026-06-16 |
| 1240 NE 214th St | single_family | 4 | 2 | 1,708 | $485,000 | 2026-06-10 |
| 19720 NE 10th Ct | single_family | 4 | 3 | 1,908 | $550,000 | 2026-06-08 |
| 1915 NE 208th Ter | single_family | 4 | 5 | 3,006 | $1,045,000 | 2026-06-02 |
| 1951 NE 194th Dr | single_family | 4 | 3 | 2,637 | $1,250,000 | 2026-06-01 |
| 678 NE 191st Ter | single_family | 4 | 3 | 2,105 | $669,000 | 2026-05-19 |
| 1880 NE 206th Ter | single_family | 4 | 3 | 2,422 | $1,150,000 | 2026-05-15 |
| 1846 NE 211th Ln | single_family | 4 | 2 | 2,484 | $1,340,000 | 2026-05-13 |
| 2180 NE 190th Ter | single_family | 4 | 5 | 2,422 | $1,650,000 | 2026-04-28 |
| 704 NE 193rd St | single_family | 4 | 2 | 2,223 | $720,000 | 2026-04-27 |
| 1300 NE 215th St | single_family | 4 | 2 | 1,305 | $493,000 | 2026-04-24 |
| 933 NE 191st St | single_family | 4 | 3 | 2,223 | $840,000 | 2026-04-23 |
| 105 NE 213th St | single_family | 4 | 3 | 2,031 | $699,000 | 2026-04-21 |
| 19930 NE 20th Ct | single_family | 4 | 3 | 2,300 | $1,275,000 | 2026-04-20 |
| 1920 NE 206th Ter | single_family | 4 | 2 | 2,290 | $950,000 | 2026-04-15 |
| 19321 NE 19th Ave | single_family | 4 | 3 | 2,073 | $850,000 | 2026-04-15 |
| 865 NE 208th Ter | single_family | 4 | 3 | 2,897 | $775,000 | 2026-04-13 |
| 1981 NE 196th Ter | single_family | 4 | 3 | 2,358 | $1,950,000 | 2026-04-09 |
| 18441 NE 21st Ave | single_family | 4 | 3 | 2,111 | $640,000 | 2026-04-03 |
| 19732 NE 12th Pl | single_family | 4 | 2 | 1,668 | $620,000 | 2026-03-18 |
| 21440 Highland Lakes Blvd | single_family | 4 | 3 | — | $1,880,000 | 2026-03-17 |
| 1355 NE 200th Ter | single_family | 4 | 2 | 2,140 | $420,000 | 2026-03-16 |
| 1420 North Dr | single_family | 4 | 2 | 1,658 | $480,000 | 2026-03-16 |
| 2100 NE 211th Ter | single_family | 4 | 2 | 2,646 | $1,415,000 | 2026-03-11 |
| 2180 NE 197th Ter | single_family | 4 | 3 | 2,099 | $1,250,000 | 2026-03-05 |
| 674 NE 191st Ter | single_family | 4 | 3 | 2,156 | $750,000 | 2026-02-27 |
| 19461 NE 22nd Rd | single_family | 4 | 3 | 2,598 | $1,320,000 | 2026-02-27 |
| 1011 NE 196th St | single_family | 4 | 2 | 1,280 | $562,000 | 2026-02-20 |
| 20550 NE 8th Ct | single_family | 4 | 3 | 1,649 | $700,000 | 2026-02-19 |
| 2060 NE 198th Ter | single_family | 4 | 5 | 2,943 | $2,420,000 | 2026-02-18 |
| 19111 NE 8th Ct | single_family | 4 | 3 | 2,361 | $820,000 | 2026-02-12 |
| 706 NE 191st Ter | single_family | 4 | 3 | 2,156 | $720,000 | 2026-01-28 |
| 19001 NE 20th Ave | single_family | 4 | 3 | 2,480 | $870,000 | 2026-01-27 |
| 20605 NE 19th Ct | single_family | 4 | 2 | 1,865 | $800,000 | 2026-01-15 |
| 6401679742 | single_family | 4 | 3 | — | $760,000 | 2026-01-09 |
| 20035 NE 14th Ct | single_family | 4 | 2 | 2,598 | $572,000 | 2026-01-05 |
| 1181 NE 202nd St | single_family | 4 | 3 | 1,986 | $725,000 | 2025-12-30 |
| 242 NE 199th Ter | single_family | 4 | 3 | 3,093 | $610,000 | 2025-12-24 |
| 20430 NE 20th Ct | single_family | 4 | 3 | 2,395 | $850,000 | 2025-12-24 |
| 566 NE 191st Ter | single_family | 4 | 3 | 2,223 | $1,036,000 | 2025-12-18 |
| 20014 NE 6th Court Cir | single_family | 4 | 3 | 2,009 | $575,000 | 2025-12-08 |
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 |
|---|---|---|---|---|---|---|
| 21141 NE 21st Ct | single_family | 4 | 3 | 2,859 | $1,749,000 | — |
| 30 NE 193rd Ter | single_family | 4 | 3 | 1,685 | $634,900 | — |
| 19656 NE 14th Ct | single_family | 4 | 4 | 3,600 | $2,751,965 | — |
| 19522 NE 17th Ave | single_family | 4 | 4 | 2,847 | $1,985,000 | — |
| 1298 NE 199th St | single_family | 4 | 2 | 1,614 | $680,000 | — |
| 1970 NE 198th Ter | single_family | 4 | 3 | 2,545 | $1,550,000 | — |
| 20636 NE 5th Pl | townhomes | 4 | 4 | 2,086 | $675,000 | — |
| 20120 Highland Lakes Blvd | single_family | 4 | 3 | 2,020 | $1,200,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,905,500 | $4,860 | -$112,421 | $1,463,953 | $441,547 |
| 2 | $1,962,665 | $5,271 | -$112,088 | $1,446,805 | $515,860 |
| 3 | $2,021,545 | $5,702 | -$111,738 | $1,428,479 | $593,066 |
| 4 | $2,082,191 | $6,152 | -$111,371 | $1,408,895 | $673,297 |
| 5 | $2,144,657 | $6,622 | -$110,986 | $1,387,965 | $756,692 |
| 6 | $2,208,997 | $7,114 | -$110,581 | $1,365,598 | $843,398 |
| 7 | $2,275,267 | $7,628 | -$110,156 | $1,341,696 | $933,571 |
| 8 | $2,343,525 | $8,164 | -$109,711 | $1,316,152 | $1,027,373 |
| 9 | $2,413,830 | $8,725 | -$109,244 | $1,288,854 | $1,124,977 |
| 10 | $2,486,245 | $9,310 | -$108,754 | $1,259,681 | $1,226,564 |