| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,100,000 |
| Down payment (20.0%) | $220,000 |
| Loan amount | $880,000 |
| Closing costs (5.0%) | $55,000 |
| Total cash to close | $275,000 |
| Income | |
| Rent (comp-derived) | $15,900$190,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $14,628$175,536 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,742$20,900 |
| Insurance (placeholder 0.8% of price) | $733$8,800 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $795$9,540 |
| Total operating expenses | $3,270$39,240 |
| 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) | $795$9,540 |
| 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 | 5 | 3 | 1,860 | $5,500 | 2026-05-25 | — | |
| single_family | 5 | 4 | 2,480 | $15,900 | 2026-08-03 | — | |
| single_family | 5 | 3 | 2,056 | $19,000 | 2026-06-11 | — |
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 |
|---|---|---|---|---|---|---|
| 7815 Atlantic Way | single_family | 5 | 7 | 5,868 | $22,000,000 | 2026-09-02 |
| 1311 Bay Dr | single_family | 5 | 5 | 2,842 | $2,950,000 | 2026-08-14 |
| 1040 S Shore Dr | single_family | 5 | 5 | 5,647 | $4,400,000 | 2026-08-03 |
| 7724 Hawthorne Ave | single_family | 5 | 5 | 3,000 | $2,375,000 | 2026-07-31 |
| 11 LA Gorce Cir | single_family | 5 | 6 | 5,656 | $10,500,000 | 2026-06-30 |
| 6693 Windsor Ln | single_family | 5 | 4 | 3,695 | $5,950,000 | 2026-06-25 |
| 1351 Stillwater Dr | single_family | 5 | 6 | 3,798 | $7,500,000 | 2026-06-18 |
| 1825 Cleveland Rd | single_family | 5 | 6 | 4,473 | $9,000,000 | 2026-05-11 |
| 6465 Pinetree Drive Cir | single_family | 5 | 5 | 4,432 | $12,200,000 | 2026-04-24 |
| 1750 Bay Dr | single_family | 5 | 4 | 4,428 | $9,450,000 | 2026-04-09 |
| 1165 N Biscayne Point Rd | single_family | 5 | 5 | 4,796 | $11,425,000 | 2026-02-26 |
| 7960 Biscayne Point Cir | single_family | 5 | 7 | 6,408 | $10,800,000 | 2026-01-23 |
| 1844 Daytonia Rd | single_family | 5 | 6 | 5,352 | $10,200,000 | 2026-01-05 |
| 1730 Bay Dr | single_family | 5 | 3 | 4,386 | $8,800,000 | 2025-12-05 |
| 7720 Miami View Dr Miami View Dr | single_family | 5 | 4 | 5,081 | $9,500,000 | 2025-10-12 |
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 |
|---|---|---|---|---|---|---|
| 8221 Crespi Blvd | single_family | 5 | 5 | 3,104 | $1,850,000 | — |
| 535 N Shore Dr | single_family | 5 | 7 | 5,094 | $14,999,000 | — |
| 1131 Stillwater Dr | single_family | 5 | 4 | 3,851 | $5,950,000 | — |
| 6300 Allison Rd | single_family | 5 | 5 | 4,035 | $8,450,000 | — |
| 6491 Allison Rd | single_family | 5 | 5 | 3,985 | $14,500,000 | — |
| 1540 Cleveland Rd | single_family | 5 | 4 | 2,849 | $4,760,000 | — |
| 1398 Bay Dr | single_family | 5 | 6 | 4,115 | $12,000,000 | — |
| 7701 Coquina Dr | single_family | 5 | 6 | 4,410 | $5,450,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,133,000 | $136,296 | $58,895 | $870,459 | $262,541 |
| 2 | $1,166,990 | $140,581 | $62,941 | $860,262 | $306,728 |
| 3 | $1,202,000 | $145,000 | $67,115 | $849,366 | $352,634 |
| 4 | $1,238,060 | $149,556 | $71,421 | $837,721 | $400,339 |
| 5 | $1,275,201 | $154,254 | $75,862 | $825,276 | $449,925 |
| 6 | $1,313,458 | $159,098 | $80,443 | $811,977 | $501,480 |
| 7 | $1,352,861 | $164,093 | $85,168 | $797,765 | $555,096 |
| 8 | $1,393,447 | $169,243 | $90,042 | $782,576 | $610,871 |
| 9 | $1,435,251 | $174,554 | $95,069 | $766,345 | $668,905 |
| 10 | $1,478,308 | $180,029 | $100,254 | $748,999 | $729,309 |