| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $765,000 |
| Down payment (20.0%) | $153,000 |
| Loan amount | $612,000 |
| Closing costs (5.0%) | $38,250 |
| Total cash to close | $191,250 |
| Income | |
| Rent (comp-derived) | $3,300$39,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,036$36,432 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,211$14,535 |
| Insurance (placeholder 0.8% of price) | $510$6,120 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $165$1,980 |
| Total operating expenses | $1,886$22,635 |
| 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) | $165$1,980 |
| 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 | 3 | 2 | 2,079 | $3,695 | 2026-07-31 | — | |
| single_family | 3 | 2 | 1,648 | $3,800 | 2026-08-06 | — | |
| single_family | 3 | 2 | 1,902 | $3,000 | 2026-08-05 | — | |
| single_family | 3 | 1 | 1,190 | $2,700 | 2026-06-02 | — | |
| single_family | 3 | 2 | 1,302 | $3,300 | 2026-07-22 | — | |
| single_family | 3 | 3 | 1,433 | $2,800 | — | — | |
| single_family | 3 | 2 | 1,302 | $3,300 | — | — | |
| single_family | 3 | 3 | 1,400 | $3,600 | 2025-12-22 | — |
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 |
|---|---|---|---|---|---|---|
| 19102 SW 318th Ter | single_family | 3 | 2 | 1,300 | $470,000 | 2026-08-27 |
| 17265 SW 302nd St | single_family | 3 | 2 | 1,156 | $485,000 | 2026-08-24 |
| 1635 NW 15th Ter | single_family | 3 | 2 | 1,598 | $675,000 | 2026-08-20 |
| 30502 SW 187th Ct | single_family | 3 | 2 | 1,245 | $495,000 | 2026-08-13 |
| 446 NW 17th St | single_family | 3 | 2 | 1,530 | $275,000 | 2026-08-10 |
| 1044 NE 4th Ave | single_family | 3 | 1 | 1,191 | $485,000 | 2026-08-01 |
| 17223 SW 302nd St | single_family | 3 | 1 | 1,053 | $390,000 | 2026-07-30 |
| 78 NW 2nd St | single_family | 3 | 2 | 1,520 | $480,000 | 2026-07-24 |
| 628 SW 8th Ave | single_family | 3 | 1 | 1,323 | $386,000 | 2026-07-23 |
| 81 NW 18th St | single_family | 3 | 2 | 2,048 | $650,000 | 2026-07-21 |
| 220 NE 12th Ave Lot 142 | single_family | 3 | 2 | 1,456 | $230,000 | 2026-07-20 |
| 31500 SW 192nd Ave | single_family | 3 | 3 | 2,360 | $810,000 | 2026-07-17 |
| 1630 NW 10th St | single_family | 3 | 2 | 1,876 | $500,000 | 2026-07-13 |
| 19520 SW 307th St | single_family | 3 | 2 | 1,691 | $690,000 | 2026-07-08 |
| 30704 SW 188th Ct | single_family | 3 | 2 | 1,624 | $515,000 | 2026-07-07 |
| 508 SW 17th Ave | single_family | 3 | 2 | 1,275 | $419,000 | 2026-07-07 |
| 18300 SW 296th St | single_family | 3 | 2 | 2,177 | $780,000 | 2026-07-04 |
| 29450 SW 185th Ct | single_family | 3 | 3 | 2,741 | $750,000 | 2026-07-02 |
| 241 SW 4th Ave | single_family | 3 | 3 | 2,520 | $900,000 | 2026-06-30 |
| 905 NE 12th Ave | single_family | 3 | 2 | 1,365 | $356,500 | 2026-06-25 |
| 17260 SW 299th St | single_family | 3 | 2 | 1,430 | $730,000 | 2026-06-24 |
| 1765 SW 3rd Ct | single_family | 3 | 2 | 1,200 | $425,000 | 2026-06-22 |
| 211 SW 15th Ter | single_family | 3 | 2 | 1,554 | $485,000 | 2026-06-17 |
| 20000 SW 286th St | single_family | 3 | 2 | 2,540 | $850,000 | 2026-06-15 |
| 313 NW 12th St | single_family | 3 | 2 | 1,124 | $400,000 | 2026-06-12 |
| 229 NW 9th Ave | single_family | 3 | 2 | 1,252 | $360,000 | 2026-06-11 |
| 536 SW 6th Ave | single_family | 3 | 1 | 1,057 | $13,851,000 | 2026-06-10 |
| 18781 SW 294th Ter | single_family | 3 | 2 | 2,086 | $719,000 | 2026-06-10 |
| 105 NE 17th St | single_family | 3 | 2 | 2,568 | $485,000 | 2026-06-10 |
| 30300 SW 171st Ave | single_family | 3 | 2 | 1,615 | $555,000 | 2026-06-05 |
| 885 NE 3rd Ave | single_family | 3 | 2 | 1,688 | $580,000 | 2026-06-03 |
| 1866 NW 8th Ter | single_family | 3 | 2 | 1,698 | $500,000 | 2026-06-03 |
| 105 NW 5th Ave | single_family | 3 | 2 | 1,252 | $300,000 | 2026-06-02 |
| 16960 SW 301st St | single_family | 3 | 1 | 1,458 | $460,000 | 2026-05-29 |
| 30861 SW 192nd Ave | single_family | 3 | 2 | 1,316 | $540,000 | 2026-05-26 |
| 18745 SW 317th Ter | single_family | 3 | 1 | 1,000 | $350,000 | 2026-05-15 |
| 29071 SW 171st Ave | single_family | 3 | 2 | 2,137 | $798,000 | 2026-05-13 |
| 30930 SW 190th Ave | single_family | 3 | 2 | 1,665 | $635,000 | 2026-05-13 |
| 19043 SW 319th St | single_family | 3 | 2 | 1,480 | $460,000 | 2026-05-01 |
| 546 NW 5th Ave | single_family | 3 | 1 | 1,086 | $240,000 | 2026-04-30 |
| 19461 SW 307th St | single_family | 3 | 2 | 1,740 | $560,000 | 2026-04-27 |
| 18740 SW 297th St | single_family | 3 | 2 | 1,846 | $762,900 | 2026-04-24 |
| 74 NW 2nd St | single_family | 3 | 2 | 1,520 | $440,000 | 2026-04-22 |
| 324 SW 16th Ter | single_family | 3 | 2 | 1,232 | $479,900 | 2026-04-10 |
| 18830 SW 294th Ter | single_family | 3 | 2 | 2,301 | $700,000 | 2026-04-08 |
| 708 NW 15th St | single_family | 3 | 2 | 953 | $389,900 | 2026-04-07 |
| 18950 SW 310th St | single_family | 3 | 2 | 1,012 | $545,000 | 2026-04-03 |
| 131 NE 18th St | single_family | 3 | 2 | 1,505 | $546,000 | 2026-03-31 |
| 33 NW 7th Ave | single_family | 3 | 1 | 960 | $349,000 | 2026-03-31 |
| 30110 SW 168th Ct | single_family | 3 | 2 | 1,614 | $485,000 | 2026-03-27 |
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 |
|---|---|---|---|---|---|---|
| SW 312 St & 187th Ave | single_family | 3 | 2 | 1,813 | $504,990 | — |
| 18840 SW 314th St | single_family | 3 | 3 | 1,813 | $510,365 | — |
| 18876 SW 314th St | single_family | 3 | 3 | 1,670 | $504,215 | — |
| SW 312 St & 187th Ave | single_family | 3 | 2 | 1,670 | $493,990 | — |
| 31 NW 10th St Unit 1105 | condos | 3 | 3 | 1,209 | $1,461,500 | — |
| 30221 SW 173rd Ave | single_family | 3 | 2 | 1,302 | $546,000 | — |
| 948 NW 9th Ct | single_family | 3 | 2 | 1,858 | $463,000 | — |
| 655 SW 5th St | single_family | 3 | 2 | 1,120 | $375,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $787,950 | $13,797 | -$35,378 | $605,365 | $182,585 |
| 2 | $811,589 | $14,324 | -$34,900 | $598,273 | $213,315 |
| 3 | $835,936 | $14,870 | -$34,405 | $590,695 | $245,241 |
| 4 | $861,014 | $15,435 | -$33,892 | $582,597 | $278,417 |
| 5 | $886,845 | $16,020 | -$33,360 | $573,942 | $312,903 |
| 6 | $913,450 | $16,625 | -$32,810 | $564,693 | $348,757 |
| 7 | $940,854 | $17,252 | -$32,239 | $554,809 | $386,044 |
| 8 | $969,079 | $17,901 | -$31,647 | $544,246 | $424,833 |
| 9 | $998,151 | $18,572 | -$31,035 | $532,958 | $465,193 |
| 10 | $1,028,096 | $19,267 | -$30,400 | $520,895 | $507,201 |