| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,900,000 |
| Down payment (20.0%) | $380,000 |
| Loan amount | $1,520,000 |
| Closing costs (5.0%) | $95,000 |
| Total cash to close | $475,000 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $3,815$45,781 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,510$42,119 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $3,008$36,100 |
| Insurance (placeholder 0.8% of price) | $1,267$15,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $191$2,289 |
| Total operating expenses | $4,466$53,589 |
| 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) | $191$2,289 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 848 Brickell Key Dr Apt 2702 | condos | 2 | 2 | 1,440 | $920,000 | 2026-09-02 |
| 950 Brickell Bay Dr Apt 802 | condos | 1 | 1 | 692 | $375,000 | 2026-09-01 |
| 901 Brickell Key Blvd Apt 3004 | condos | 3 | 4 | 2,591 | $2,350,000 | 2026-08-31 |
| 701 Brickell Key Blvd Apt 1108 | condos | 1 | 2 | 806 | $390,000 | 2026-08-31 |
| 1425 Brickell Ave Apt 58E | condos | 3 | 4 | 3,357 | $4,800,000 | 2026-08-31 |
| 1000 Brickell Plz Unit 4809 | condos | 2 | 3 | 1,236 | $1,365,000 | 2026-08-28 |
| 495 Brickell Ave Apt 5309 | condos | 1 | 1 | 1,035 | $580,000 | 2026-08-28 |
| 848 Brickell Key Dr Apt 2703 | condos | 1 | 2 | 1,087 | $745,000 | 2026-08-26 |
| 475 Brickell Ave Apt 5010 | condos | 0 | 1 | 546 | $375,000 | 2026-08-26 |
| 900 Brickell Key Blvd Apt 1101 | condos | 3 | 4 | 2,065 | $2,200,000 | 2026-08-25 |
| 200 Biscayne Boulevard Way Apt 3811 | condos | 1 | 2 | 822 | $525,000 | 2026-08-24 |
| 1010 Brickell Ave Unit 1806 | condos | 1 | 2 | 1,100 | $699,000 | 2026-08-24 |
| 41 SE 5th St Apt 1202 | condos | 2 | 2 | 1,289 | $580,000 | 2026-08-21 |
| 68 SE 6th St Apt 810 | condos | 2 | 2 | 1,193 | $810,000 | 2026-08-20 |
| 55 SE 6th St Apt 1208 | condos | 1 | 1 | 738 | $380,000 | 2026-08-19 |
| 335 S Biscayne Blvd Apt 3807 | condos | 2 | 2 | 1,178 | $655,000 | 2026-08-17 |
| 801 Brickell Key Blvd Apt 2203 | condos | 3 | 3 | 1,659 | $1,600,000 | 2026-08-14 |
| 335 S Biscayne Blvd Apt 3005 | condos | 2 | 2 | 1,227 | $640,000 | 2026-08-14 |
| 500 Brickell Ave Apt 4101 | condos | 3 | 3 | 1,494 | $980,000 | 2026-08-13 |
| 701 Brickell Key Blvd Apt 1903 | condos | 3 | 3 | 1,719 | $1,260,000 | 2026-08-12 |
| 1200 Brickell Bay Dr Apt 2222 | condos | 1 | 1 | 825 | $485,000 | 2026-08-10 |
| 1200 Brickell Bay Dr Apt 1924 | condos | 3 | 2 | 1,232 | $700,000 | 2026-08-10 |
| 41 SE 5th St Apt 1702 | condos | 2 | 2 | 1,289 | $625,000 | 2026-08-07 |
| 1200 Brickell Bay Dr Apt 3122 | condos | 1 | 1 | 825 | $420,000 | 2026-08-07 |
| 701 Brickell Key Blvd Apt 1605 | condos | 2 | 2 | 1,236 | $650,000 | 2026-08-07 |
| 31 SE 6th St Apt 301 | condos | 2 | 2 | 1,116 | $520,000 | 2026-08-05 |
| 540 Brickell Key Dr Apt 414 | condos | 1 | 2 | 640 | $281,500 | 2026-08-03 |
| 1200 Brickell Bay Dr Ph 4308 | condos | 1 | 1 | 825 | $432,000 | 2026-07-30 |
| 300 Biscayne Blvd Way Apt 2505 | condos | 2 | 4 | 1,699 | $2,050,000 | 2026-07-30 |
| 1010 Brickell Ave Unit 1504 | condos | 2 | 3 | 1,325 | $870,000 | 2026-07-27 |
| 68 SE 6th St Apt 2409 | condos | 2 | 3 | 1,373 | $980,000 | 2026-07-27 |
| 151 SE 1st St Apt 3202 | condos | 2 | 1 | 736 | $452,000 | 2026-07-24 |
| 1080 Brickell Ave Unit 3300 | condos | 3 | 3 | 1,593 | $1,257,500 | 2026-07-23 |
| 1408 Brickell Bay Dr Apt 917 | condos | 1 | 1 | 787 | $315,000 | 2026-07-23 |
| 901 Brickell Key Blvd Apt 1409 | condos | 2 | 3 | 1,418 | $1,100,000 | 2026-07-22 |
| 465 Brickell Ave Apt 917 | condos | 1 | 1 | 882 | $615,000 | 2026-07-21 |
| 1000 Brickell Plz Unit 2008 | condos | 1 | 2 | 836 | $695,000 | 2026-07-20 |
| 770 Claughton Island Dr Apt 1905 | condos | 1 | 1 | 708 | $320,000 | 2026-07-20 |
| 1450 Brickell Bay Dr Apt 311 | condos | 2 | 2 | 1,030 | $470,000 | 2026-07-20 |
| 950 N Brickell Bay Dr Unit 3002 | condos | 1 | 1 | 688 | $435,000 | 2026-07-17 |
| 170 SE 14th St Apt 2705 | condos | 2 | 2 | 942 | $483,000 | 2026-07-16 |
| 495 Brickell Ave Apt 5703 | condos | 3 | 3 | 2,172 | $2,250,000 | 2026-07-15 |
| 1300 Brickell Bay Dr Apt 806 | condos | 1 | 1 | 696 | $525,000 | 2026-07-13 |
| 1200 Brickell Bay Dr Apt 3123 | condos | 2 | 2 | 1,105 | $629,000 | 2026-07-13 |
| 151 SE 1st St Apt 905 | condos | 1 | 1 | 526 | $350,000 | 2026-07-10 |
| 200 Biscayne Boulevard Way Apt 509 | condos | 2 | 3 | 1,489 | $1,700,000 | 2026-07-10 |
| 68 SE 6th St Apt 2807 | condos | 2 | 3 | 1,244 | $940,000 | 2026-07-10 |
| 1155 Brickell Bay Dr Ph 303 | condos | 3 | 3 | 1,940 | $1,600,000 | 2026-07-08 |
| 888 Brickell Key Dr Apt 210 | condos | 2 | 2 | 1,310 | $760,000 | 2026-07-07 |
| 31 SE 5th St Apt 2604 | condos | 2 | 2 | 1,051 | $540,000 | 2026-07-06 |
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.
No other cached listings nearby for this bedroom count yet.
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,957,000 | -$11,470 | -$130,975 | $1,503,520 | $453,480 |
| 2 | $2,015,710 | -$11,547 | -$131,108 | $1,485,908 | $529,802 |
| 3 | $2,076,181 | -$11,618 | -$131,238 | $1,467,087 | $609,095 |
| 4 | $2,138,467 | -$11,685 | -$131,366 | $1,446,973 | $691,494 |
| 5 | $2,202,621 | -$11,747 | -$131,489 | $1,425,478 | $777,143 |
| 6 | $2,268,699 | -$11,804 | -$131,609 | $1,402,507 | $866,193 |
| 7 | $2,336,760 | -$11,855 | -$131,725 | $1,377,958 | $958,802 |
| 8 | $2,406,863 | -$11,900 | -$131,836 | $1,351,724 | $1,055,140 |
| 9 | $2,479,069 | -$11,938 | -$131,943 | $1,323,688 | $1,155,381 |
| 10 | $2,553,441 | -$11,970 | -$132,044 | $1,293,727 | $1,259,715 |