| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $565,000 |
| Down payment (20.0%) | $113,000 |
| Loan amount | $452,000 |
| Closing costs (5.0%) | $28,250 |
| Total cash to close | $141,250 |
| Income | |
| Rent (comp-derived) | $2,700$32,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,484$29,808 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $895$10,735 |
| Insurance (placeholder 0.8% of price) | $377$4,520 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $135$1,620 |
| Total operating expenses | $1,406$16,875 |
| 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) | $135$1,620 |
| 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 | 2 | 1 | 1,104 | $2,500 | 2026-08-13 | — | |
| single_family | 2 | 1 | 980 | $2,700 | 2026-07-12 | — | |
| single_family | 2 | 1 | 900 | $3,200 | — | — | |
| single_family | 2 | 2 | 1,072 | $2,700 | 2026-08-26 | — | |
| single_family | 2 | 1 | 1,000 | $3,000 | 2026-08-10 | — |
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 |
|---|---|---|---|---|---|---|
| 1001 SW 72nd Ct | single_family | 2 | 1 | 1,110 | $689,900 | 2026-08-14 |
| 6741 SW 5th Ter | single_family | 2 | 1 | 1,020 | $490,000 | 2026-08-07 |
| 50 SW 58th Ct | single_family | 2 | 1 | 1,294 | $500,000 | 2026-07-31 |
| 7311 SW 15th St | single_family | 2 | 1 | 929 | $485,000 | 2026-07-27 |
| 635 SW 64th Ct | single_family | 2 | 1 | 1,048 | $573,000 | 2026-07-21 |
| 6457 SW 10th St | single_family | 2 | 1 | 1,029 | $620,000 | 2026-07-17 |
| 710 Tamiami Blvd | single_family | 2 | 1 | 967 | $440,000 | 2026-07-15 |
| 444 SW 64th Ave | single_family | 2 | 1 | 1,611 | $820,000 | 2026-07-14 |
| 6431 SW 4th St | single_family | 2 | 1 | 910 | $325,000 | 2026-07-10 |
| 6261 SW 6th St | single_family | 2 | 1 | 1,126 | $390,000 | 2026-06-18 |
| 1081 SW 63rd Ave | single_family | 2 | 1 | 1,419 | $610,000 | 2026-06-08 |
| 665 SW 64th Ct | single_family | 2 | 1 | 800 | $390,000 | 2026-05-27 |
| 421 Florida Blvd | single_family | 2 | 1 | 1,287 | $491,738 | 2026-05-05 |
| 1000 SW 62nd Ave | single_family | 2 | 1 | 1,413 | $570,000 | 2026-04-28 |
| 5942282477 | single_family | 2 | 1 | 1,205 | $530,000 | 2026-04-21 |
| 7160 SW 15th St | single_family | 2 | 1 | 774 | $525,000 | 2026-04-10 |
| 830 SW 72nd Ave | single_family | 2 | 1 | 1,485 | $460,000 | 2026-04-08 |
| 6830 SW 5th Ter | single_family | 2 | 1 | 1,050 | $652,000 | 2026-03-12 |
| 5834 SW 4th St | single_family | 2 | 1 | 936 | $500,000 | 2026-03-09 |
| 1020 SW 72nd Ave | single_family | 2 | 2 | 1,319 | $580,000 | 2026-02-09 |
| 55 SW 62nd Ct | single_family | 2 | 1 | 1,460 | $536,100 | 2026-01-27 |
| 6125 SW 2nd St | single_family | 2 | 1 | 1,156 | $530,000 | 2025-11-26 |
| 110 SW 64th Ct | single_family | 2 | 2 | 1,105 | $520,000 | 2025-10-17 |
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 |
|---|---|---|---|---|---|---|
| 900 SW 84th Ave Unit 301E | condos | 2 | 2 | 804 | $285,000 | — |
| 21 SW 59th Ave | single_family | 2 | 2 | 1,228 | $749,000 | — |
| 6820 W Flagler St Apt 407 | condos | 2 | 1 | 726 | $235,000 | — |
| 5940 SW 2nd St | single_family | 2 | 1 | 890 | $579,998 | — |
| 6820 W Flagler St Apt 207 | condos | 2 | 1 | 726 | $250,000 | — |
| 6820 W Flagler St Apt 101 | condos | 2 | 2 | 813 | $199,000 | — |
| 201 SW 62nd Ave | single_family | 2 | 2 | 1,221 | $669,900 | — |
| 6437 SW 10th St | single_family | 2 | 1 | 1,449 | $600,400 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $581,950 | $12,933 | -$23,543 | $447,099 | $134,851 |
| 2 | $599,409 | $13,405 | -$23,111 | $441,862 | $157,546 |
| 3 | $617,391 | $13,894 | -$22,664 | $436,265 | $181,125 |
| 4 | $635,912 | $14,399 | -$22,201 | $430,284 | $205,628 |
| 5 | $654,990 | $14,922 | -$21,722 | $423,892 | $231,098 |
| 6 | $674,640 | $15,463 | -$21,226 | $417,061 | $257,578 |
| 7 | $694,879 | $16,022 | -$20,712 | $409,762 | $285,117 |
| 8 | $715,725 | $16,601 | -$20,181 | $401,960 | $313,765 |
| 9 | $737,197 | $17,199 | -$19,631 | $393,623 | $343,573 |
| 10 | $759,313 | $17,818 | -$19,061 | $384,714 | $374,599 |