| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $675,000 |
| Down payment (20.0%) | $135,000 |
| Loan amount | $540,000 |
| Closing costs (5.0%) | $33,750 |
| Total cash to close | $168,750 |
| Income | |
| Rent (comp-derived) | $3,738$44,850 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,439$41,262 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,069$12,825 |
| Insurance (placeholder 0.8% of price) | $450$5,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $187$2,243 |
| Total operating expenses | $1,706$20,468 |
| 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) | $187$2,243 |
| 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 | 2,417 | $850 | 2026-06-17 | — | |
| single_family | 4 | 3 | 2,827 | $3,900 | 2026-08-04 | — | |
| single_family | 4 | 3 | 1,675 | $3,575 | — | — | |
| single_family | 4 | 4 | 2,150 | $4,350 | — | — |
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 |
|---|---|---|---|---|---|---|
| 671 NE 1st Pl | single_family | 4 | 3 | 1,606 | $555,000 | 2026-08-20 |
| 659 W 14th St | single_family | 4 | 2 | 1,921 | $610,000 | 2026-08-14 |
| 661 NE 4th Pl | single_family | 4 | 3 | 2,501 | $775,000 | 2026-08-05 |
| 661 E 7th St | single_family | 4 | 3 | 1,402 | $600,000 | 2026-08-04 |
| 375 E Okeechobee Rd | single_family | 4 | 2 | 1,526 | $500,000 | 2026-07-16 |
| 621 SE 1st St | single_family | 4 | 2 | 1,757 | $670,000 | 2026-07-13 |
| 625 E 8th Ln | single_family | 4 | 1 | 1,226 | $599,000 | 2026-07-10 |
| 528 E 10th St | single_family | 4 | 3 | 1,575 | $589,000 | 2026-06-05 |
| 771 SE 4th Pl | single_family | 4 | 3 | 2,221 | $600,000 | 2026-06-03 |
| 251 W 27th St | single_family | 4 | 3 | 1,877 | $380,000 | 2026-06-03 |
| 1971 W 2nd Ave | single_family | 4 | 3 | 1,410 | $660,000 | 2026-05-27 |
| 670 SE 1st St | single_family | 4 | 2 | 1,322 | $450,000 | 2026-05-01 |
| 825 E 9th Ln | single_family | 4 | 2 | 1,855 | $580,000 | 2026-04-27 |
| 671 E 6th Pl | single_family | 4 | 3 | 2,166 | $630,000 | 2026-04-23 |
| 351 E 13th St | single_family | 4 | 3 | 1,404 | $715,000 | 2026-04-07 |
| 218 E 20th St | single_family | 4 | 2 | 2,266 | $650,000 | 2026-03-24 |
| 331 W 17th St | single_family | 4 | 2 | 1,550 | $560,000 | 2026-03-23 |
| 2187 W 6th Ct | single_family | 4 | 1 | 1,158 | $400,000 | 2026-02-20 |
| 910 E 12th Pl | single_family | 4 | 2 | 1,651 | $335,000 | 2026-02-05 |
| 350 E 7th Ave | single_family | 4 | 2 | 2,493 | $680,000 | 2026-01-23 |
| 699 W 14th St | single_family | 4 | 3 | 1,873 | $570,000 | 2026-01-16 |
| 2465 W 5th Way | single_family | 4 | 1 | 1,019 | $320,000 | 2026-01-15 |
| 750 SE 3rd Pl | single_family | 4 | 3 | 1,870 | $565,000 | 2025-12-29 |
| 840 NE 4th Pl | single_family | 4 | 2 | 1,528 | $603,000 | 2025-12-17 |
| 101 NE 9th Ave | single_family | 4 | 4 | 2,228 | $720,000 | 2025-12-12 |
| 751 SE 8th St | single_family | 4 | 4 | 1,066 | $585,000 | 2025-12-02 |
| 2506 W 9th Ct | single_family | 4 | 3 | 1,590 | $539,000 | 2025-11-07 |
| 924 W 28th St | single_family | 4 | 3 | 1,896 | $670,000 | 2025-10-31 |
| 770 SE 5th Pl | single_family | 4 | 2 | 1,171 | $585,000 | 2025-10-14 |
| 620 NE 2nd Pl | single_family | 4 | 2 | 1,584 | $565,000 | 2025-10-11 |
| 1502 E 8th Ave | single_family | 4 | 2 | 2,443 | $490,000 | 2025-10-01 |
| 250 E 17th St | single_family | 4 | 4 | 2,622 | $720,000 | 2025-09-26 |
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 |
|---|---|---|---|---|---|---|
| 334 E 11th St | single_family | 4 | 3 | 1,558 | $570,000 | — |
| 861 NE 1st Pl | single_family | 4 | 4 | 1,766 | $650,000 | — |
| 59 E 10th St | multi_family | 4 | 2 | 1,512 | $769,000 | — |
| 210 E 10th St | multi_family | 4 | 2 | 1,850 | $699,000 | — |
| 419 SE 3rd St | single_family | 4 | 3 | 1,651 | $647,000 | — |
| 760 W 23rd St | single_family | 4 | 3 | 2,097 | $825,000 | — |
| 2330 W 6th Ct | single_family | 4 | 3 | 1,307 | $725,000 | — |
| 674 W 23rd St | single_family | 4 | 2 | 2,091 | $619,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $695,250 | $20,795 | -$23,090 | $534,145 | $161,105 |
| 2 | $716,108 | $21,521 | -$22,420 | $527,888 | $188,219 |
| 3 | $737,591 | $22,271 | -$21,727 | $521,202 | $216,389 |
| 4 | $759,718 | $23,047 | -$21,010 | $514,056 | $245,663 |
| 5 | $782,510 | $23,848 | -$20,269 | $506,419 | $276,091 |
| 6 | $805,985 | $24,677 | -$19,503 | $498,259 | $307,727 |
| 7 | $830,165 | $25,533 | -$18,710 | $489,537 | $340,628 |
| 8 | $855,070 | $26,418 | -$17,890 | $480,217 | $374,853 |
| 9 | $880,722 | $27,332 | -$17,043 | $470,257 | $410,465 |
| 10 | $907,144 | $28,276 | -$16,166 | $459,613 | $447,531 |