| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $469,000 |
| Down payment (20.0%) | $93,800 |
| Loan amount | $375,200 |
| Closing costs (5.0%) | $23,450 |
| Total cash to close | $117,250 |
| Income | |
| Rent (comp-derived) | $3,000$36,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,760$33,120 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $743$8,911 |
| Insurance (est. scaled by flood & wind risk) | $469$5,628 |
| HOA dues | $80$960 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $150$1,800 |
| Total operating expenses | $1,442$17,299 |
| 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) | $150$1,800 |
| 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 | 3 | 4 | 1,737 | $2,700 | 2026-08-21 | — | |
| townhomes | 3 | 2 | 1,183 | $3,000 | 2026-08-14 | — | |
| townhomes | 3 | 3 | 1,628 | $3,250 | 2026-08-10 | — | |
| townhomes | 3 | 3 | 1,560 | $3,150 | 2026-07-17 | — | |
| townhomes | 3 | 3 | 1,150 | $2,800 | 2026-07-16 | — | |
| townhomes | 3 | 3 | 1,360 | $2,875 | 2026-07-14 | — | |
| townhomes | 3 | 3 | 1,471 | $3,400 | 2026-07-13 | — | |
| townhomes | 3 | 3 | 1,737 | $3,000 | 2026-07-07 | — | |
| townhomes | 3 | 3 | 1,592 | $3,450 | 2026-06-19 | — | |
| townhomes | 3 | 2 | 1,083 | $2,825 | 2026-06-18 | — | |
| townhomes | 3 | 3 | 1,523 | $2,900 | 2026-06-08 | — | |
| townhomes | 3 | 3 | 1,641 | $3,200 | 2026-08-21 | — | |
| townhomes | 3 | 3 | 1,308 | $3,100 | 2026-08-30 | — |
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 |
|---|---|---|---|---|---|---|
| 13546 SW 63rd Ln Unit H-W | townhomes | 3 | 2 | 1,167 | $525,000 | 2026-08-10 |
| 13539 SW 62nd St Unit 128 | townhomes | 3 | 3 | 1,150 | $420,000 | 2026-08-03 |
| 14357 SW 62nd St | townhomes | 3 | 2 | 1,934 | $525,000 | 2026-07-31 |
| 6725 SW 137th Ct Unit 14D | townhomes | 3 | 2 | 1,200 | $400,000 | 2026-07-29 |
| 5835 SW 144th Circle Pl | townhomes | 3 | 2 | 1,337 | $480,000 | 2026-07-20 |
| 14105 SW 66th St # 14105 | townhomes | 3 | 2 | 1,628 | $430,000 | 2026-07-15 |
| 13877 SW 62nd Ter | townhomes | 3 | 3 | 1,308 | $472,900 | 2026-07-10 |
| 13900 Kendale Lakes Dr | townhomes | 3 | 2 | 1,109 | $365,000 | 2026-07-07 |
| 14245 SW 57th Ln Unit 9-2 | townhomes | 3 | 3 | 1,515 | $435,000 | 2026-06-30 |
| 14273 Kendale Lakes Cir | townhomes | 3 | 3 | 1,471 | $470,000 | 2026-06-12 |
| 14019 SW 67th Ter | townhomes | 3 | 3 | 1,592 | $520,000 | 2026-05-08 |
| 13916 SW 56th Ln | townhomes | 3 | 1 | 1,083 | $340,000 | 2026-04-30 |
| 6374 SW 139th Ct | townhomes | 3 | 2 | 1,628 | $375,000 | 2026-04-21 |
| 14371 Kendale Lakes Cir | townhomes | 3 | 3 | 1,471 | $436,000 | 2026-04-13 |
| 6400 SW 138th Ct Apt 203 | townhomes | 3 | 3 | 1,471 | $385,000 | 2026-03-31 |
| 11964 SW 81st Ln | townhomes | 3 | 2 | 1,800 | $570,000 | 2026-03-25 |
| 13935 SW 84th St Unit 905 | townhomes | 3 | 3 | 1,510 | $345,000 | 2026-03-20 |
| 14205 SW 57th Ln Unit 5A | townhomes | 3 | 3 | 1,300 | $343,000 | 2026-03-06 |
| 13351 SW 59th Ter | townhomes | 3 | 3 | 1,360 | $415,000 | 2026-02-24 |
| 13915 SW 56th Ln | townhomes | 3 | 1 | 1,083 | $389,000 | 2026-02-18 |
| 6501 SW 136th Ct | townhomes | 3 | 2 | 1,800 | $560,000 | 2026-02-10 |
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 |
|---|---|---|---|---|---|---|
| 14020 SW 83rd St | single_family | 3 | 2 | 1,472 | $815,000 | — |
| 6466 SW 130th Pl Apt 902 | townhomes | 3 | 2 | 1,150 | $367,000 | — |
| 13863 SW 62nd Ter | townhomes | 3 | 3 | 1,308 | $449,000 | — |
| 6834 SW 127th Pl | townhomes | 3 | 3 | 1,472 | $559,999 | — |
| 8351 SW 124th Ave Apt 106 | condos | 3 | 3 | 1,857 | $520,000 | — |
| 8520 SW 133rd Ave Rd Apt 406 | condos | 3 | 2 | 1,040 | $295,500 | — |
| 11969 SW 81st St | townhomes | 3 | 2 | 1,746 | $595,000 | — |
| 7241 SW 137th Ct | single_family | 3 | 2 | 1,776 | $720,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $483,070 | $15,821 | -$14,913 | $371,132 | $111,938 |
| 2 | $497,562 | $16,382 | -$14,397 | $366,785 | $130,778 |
| 3 | $512,489 | $16,962 | -$13,863 | $362,139 | $150,350 |
| 4 | $527,864 | $17,562 | -$13,310 | $357,174 | $170,690 |
| 5 | $543,700 | $18,182 | -$12,739 | $351,868 | $191,832 |
| 6 | $560,011 | $18,823 | -$12,147 | $346,197 | $213,813 |
| 7 | $576,811 | $19,485 | -$11,536 | $340,138 | $236,673 |
| 8 | $594,115 | $20,170 | -$10,903 | $333,662 | $260,453 |
| 9 | $611,939 | $20,878 | -$10,249 | $326,741 | $285,197 |
| 10 | $630,297 | $21,610 | -$9,572 | $319,346 | $310,951 |