| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $800,000 |
| Down payment (20.0%) | $160,000 |
| Loan amount | $640,000 |
| Closing costs (5.0%) | $40,000 |
| Total cash to close | $200,000 |
| Income | |
| Rent (estimate) | $4,956$59,466 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,559$54,709 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,267$15,200 |
| Insurance (est. scaled by flood & wind risk) | $933$11,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $248$2,973 |
| Total operating expenses | $2,448$29,373 |
| 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) | $248$2,973 |
| 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.
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 11152 SW 7th St | multi_family | 6 | 4 | 2,410 | $790,000 | 2026-07-13 |
| 11048 SW 2nd St | multi_family | — | — | 1,440 | $640,000 | 2026-05-12 |
| 5266952154 | multi_family | — | — | 3,080 | $1,175,000 | 2026-03-19 |
| 6786117925 | multi_family | — | — | 3,080 | $1,175,000 | 2026-03-19 |
| 11621 SW 7th Ter | multi_family | — | — | 2,530 | $810,000 | 2026-02-27 |
| 11012 SW 4th St | multi_family | — | — | 2,352 | $725,000 | 2026-01-26 |
| 11331 SW 7th Ter | multi_family | — | — | 1,701 | $780,000 | 2026-01-08 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 14234 SW 75th Ter | single_family | 5 | 4 | 1,656 | $915,000 | — |
| 3045 SW 124th Ct | single_family | 5 | 2 | 2,155 | $873,000 | — |
| 2171 SW 21st St | single_family | 5 | 4 | 1,847 | $870,000 | — |
| 14671 SW 20th St | single_family | 5 | 5 | 2,925 | $1,350,000 | — |
| 4245 NW 24th Ave | multi_family | 5 | 2 | 1,701 | $609,000 | — |
| 701 Tamiami Canal Rd | single_family | 5 | 3 | 1,911 | $665,000 | — |
| 10934 SW 137th Ct | single_family | 5 | 5 | 3,122 | $849,999 | — |
| 10331 SW 164th Ct | single_family | 5 | 3 | 2,532 | $750,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $824,000 | $25,336 | -$26,991 | $633,061 | $190,939 |
| 2 | $848,720 | $26,243 | -$26,159 | $625,646 | $223,074 |
| 3 | $874,182 | $27,181 | -$25,297 | $617,721 | $256,461 |
| 4 | $900,407 | $28,150 | -$24,405 | $609,252 | $291,155 |
| 5 | $927,419 | $29,153 | -$23,483 | $600,201 | $327,218 |
| 6 | $955,242 | $30,190 | -$22,528 | $590,529 | $364,713 |
| 7 | $983,899 | $31,262 | -$21,540 | $580,193 | $403,706 |
| 8 | $1,013,416 | $32,370 | -$20,518 | $569,147 | $444,269 |
| 9 | $1,043,819 | $33,515 | -$19,461 | $557,343 | $486,476 |
| 10 | $1,075,133 | $34,700 | -$18,367 | $544,727 | $530,406 |