| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $315,000 |
| Down payment (20.0%) | $63,000 |
| Loan amount | $252,000 |
| Closing costs (5.0%) | $15,750 |
| Total cash to close | $78,750 |
| Income | |
| Rent (comp-derived) | $2,471$29,652 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,273$27,280 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $499$5,985 |
| Insurance (est. scaled by flood & wind risk) | $315$3,780 |
| HOA dues | $730$8,760 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $124$1,483 |
| Total operating expenses | $1,667$20,008 |
| 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) | $124$1,483 |
| 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 |
|---|---|---|---|---|---|---|---|
| apartment | 1 | 1 | 894 | $2,560 | — | — | |
| apartment | 1 | 1 | 816 | $2,189 | — | — | |
| apartment | 1 | 1 | 848 | $2,669 | — | — | |
| apartment | 1 | 1 | 830 | $2,216 | — | — | |
| apartment | 1 | 1 | 825 | $2,471 | — | — | |
| apartment | 1 | 1 | 875 | $2,280 | 2024-10-16 | — | |
| apartment | 1 | 1 | 901 | $2,275 | 2025-09-09 | — | |
| apartment | 1 | 1 | 816 | $2,139 | 2024-06-11 | — | |
| apartment | 1 | 1 | 1,051 | $2,489 | 2024-06-11 | — | |
| condos | 1 | 1 | 843 | $2,100 | 2026-08-07 | — | |
| condos | 1 | 2 | 899 | $2,200 | 2026-06-10 | — | |
| condos | 1 | 2 | 899 | $2,390 | 2026-08-14 | — | |
| condos | 1 | 1 | 873 | $2,300 | 2026-08-17 | — | |
| condos | 1 | 1 | 873 | $2,300 | 2026-07-14 | — | |
| condos | 1 | 2 | 1,070 | $2,900 | 2026-02-23 | — | |
| condos | 1 | 2 | 989 | $2,750 | 2026-08-03 | — | |
| condos | 1 | 2 | 1,070 | $3,000 | 2026-04-16 | — | |
| condos | 1 | 2 | 1,070 | $3,700 | 2023-10-29 | — | |
| apartment | 1 | 1 | 901 | $2,295 | — | — | |
| apartment | 1 | 1 | 995 | $2,822 | — | — | |
| apartment | 1 | 1 | 900 | $2,564 | — | — | |
| apartment | 1 | 1 | 865 | $2,642 | — | — | |
| apartment | 1 | 1 | 865 | $2,984 | — | — | |
| condos | 1 | 2 | 989 | $2,600 | — | — | |
| apartment | 1 | 1 | 1,051 | $2,939 | — | — | |
| apartment | 1 | 1 | 1,051 | $2,939 | — | — | |
| apartment | 1 | 1 | 816 | $2,169 | — | — | |
| apartment | 1 | 1 | 816 | $2,149 | — | — | |
| apartment | 1 | 1 | 830 | $2,401 | — | — | |
| apartment | 1 | 1 | 875 | $2,382 | — | — | |
| apartment | 1 | 1 | 892 | $2,620 | — | — | |
| apartment | 1 | 1 | 897 | $2,594 | — | — | |
| apartment | 1 | 1 | 897 | $2,243 | — | — | |
| apartment | 1 | 1 | 901 | $2,275 | — | — | |
| apartment | 1 | 1 | 901 | $2,275 | — | — | |
| apartment | 1 | 1 | 897 | $2,594 | — | — | |
| apartment | 1 | 1 | 880 | $2,647 | — | — | |
| apartment | 1 | 1 | 800 | $2,250 | 2025-08-07 | — | |
| apartment | 1 | 1 | 830 | $2,371 | — | — | |
| apartment | 1 | 1 | 848 | $2,339 | — | — | |
| apartment | 1 | 1 | 1,051 | $2,489 | — | — | |
| apartment | 1 | 1 | 825 | $2,431 | — | — | |
| apartment | 1 | 1 | 825 | $2,501 | — | — | |
| apartment | 1 | 1 | 825 | $2,451 | — | — | |
| apartment | 1 | 1 | 865 | $2,597 | — | — | |
| apartment | 1 | 1 | 830 | $2,236 | — | — | |
| apartment | 1 | 1 | 848 | $2,319 | — | — | |
| apartment | 1 | 1 | 1,051 | $2,489 | — | — | |
| apartment | 1 | 1 | 848 | $2,369 | — | — | |
| apartment | 1 | 1 | 835 | $2,481 | — | — | |
| apartment | 1 | 1 | 825 | $2,541 | — | — | |
| apartment | 1 | 1 | 900 | $2,589 | — | — | |
| apartment | 1 | 1 | 807 | $2,734 | — | — | |
| apartment | 1 | 1 | 892 | $2,742 | — | — | |
| apartment | 1 | 1 | 911 | $2,833 | — | — | |
| apartment | 1 | 1 | 882 | $2,751 | — | — | |
| apartment | 1 | 1 | 825 | $2,874 | — | — | |
| apartment | 1 | 1 | 825 | $2,341 | — | — | |
| apartment | 1 | 1 | 830 | $2,261 | — | — | |
| apartment | 1 | 1 | 835 | $2,451 | — | — | |
| apartment | 1 | 1 | 835 | $2,441 | — | — | |
| apartment | 1 | 1 | 835 | $2,431 | — | — | |
| apartment | 1 | 1 | 825 | $2,511 | — | — | |
| apartment | 1 | 1 | 905 | $3,142 | — | — | |
| apartment | 1 | 1 | 825 | $2,421 | — | — |
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 |
|---|---|---|---|---|---|---|
| 7825 NW 107th Ave Apt 522 | condos | 1 | 2 | 989 | $349,000 | 2026-08-26 |
| 9755 NW 52nd St Apt 110 | condos | 1 | 1 | 710 | $235,000 | 2026-08-06 |
| 4400 NW 107th Ave Apt 301 | condos | 1 | 1 | 743 | $280,000 | 2026-06-24 |
| 9763 NW 46th Ter Unit 116 | condos | 1 | 1 | 907 | $320,000 | 2026-05-22 |
| 5300 NW 87th Ave Unit 114 | condos | 1 | 1 | 705 | $110,000 | 2026-05-20 |
| 7875 NW 107th Ave Apt 705 | condos | 1 | 1 | — | $280,000 | 2026-05-15 |
| 4876 NW 97th Ct Unit 352 | condos | 1 | 2 | 899 | $295,000 | 2026-05-11 |
| 7751 NW 107th Ave Apt 518 | condos | 1 | 2 | 989 | $342,000 | 2026-04-17 |
| 7875 NW 107th Ave Apt 417 | condos | 1 | 1 | 726 | $275,000 | 2026-03-30 |
| 5300 NW 87th Ave Unit 203 | condos | 1 | 1 | 705 | $112,000 | 2026-03-27 |
| 5960536521 | condos | 1 | 2 | 1,070 | $100,000 | 2026-03-26 |
| 9756 NW 47th Ter Unit 168 | condos | 1 | 2 | 899 | $295,000 | 2026-03-12 |
| 4360 NW 107th Ave Apt 207 | condos | 1 | 1 | 743 | $310,000 | 2026-03-05 |
| 7875 NW 107th Ave Apt 719 | condos | 1 | 1 | 726 | $300,000 | 2026-03-04 |
| 9755 NW 48th Ter Unit 321 | condos | 1 | 2 | 899 | $270,000 | 2026-03-02 |
| 5300 NW 87th Ave Unit 703 | condos | 1 | 1 | 705 | $105,000 | 2026-02-04 |
| 4668 NW 97th Ct Unit 100 | condos | 1 | 1 | 907 | $300,000 | 2026-01-26 |
| 7875 NW 107th Ave Apt 501 | condos | 1 | 2 | 714 | $290,000 | 2026-01-21 |
| 7751 NW 107th Ave Apt 522 | condos | 1 | 2 | 989 | $336,000 | 2025-12-26 |
| 5300 NW 87th Ave Unit 816 | condos | 1 | 2 | 1,070 | $130,000 | 2025-12-19 |
| 5300 NW 87th Ave Unit 603 | condos | 1 | 1 | 705 | $110,000 | 2025-12-18 |
| 6163029104 | condos | 1 | 1 | 726 | $280,000 | 2025-11-26 |
| 4984 NW 97th Pl Unit 301 | condos | 1 | 2 | 899 | $330,000 | 2025-11-24 |
| 4560 NW 107th Ave Unit 101-12 | condos | 1 | 1 | 743 | $305,000 | 2025-10-23 |
| 7825 NW 107th Ave Apt 822 | condos | 1 | 2 | 989 | $335,000 | 2025-09-30 |
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 |
|---|---|---|---|---|---|---|
| 5300 NW 87th Ave Unit 706 | single_family | 1 | 1 | 705 | $117,800 | — |
| 5300 NW 87th Ave Unit 1109 | condos | 1 | 2 | 1,070 | $115,000 | — |
| 5300 NW 87th Ave Unit 1407 | condos | 1 | 1 | 705 | $118,000 | — |
| 5300 NW 87th Ave Unit 809 | condos | 1 | 2 | 1,070 | $145,000 | — |
| 5300 NW 87th Ave Unit 601 | condos | 1 | 2 | 1,070 | $130,000 | — |
| 7661 NW 107th Ave Apt 409 | condos | 1 | 2 | 765 | $289,000 | — |
| 7875 NW 107th Ave Apt 504 | condos | 1 | 1 | 668 | $279,000 | — |
| 4420 NW 107th Ave Apt 107 | condos | 1 | 1 | 743 | $310,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $324,450 | $7,272 | -$13,643 | $249,268 | $75,182 |
| 2 | $334,184 | $7,590 | -$13,362 | $246,348 | $87,836 |
| 3 | $344,209 | $7,921 | -$13,070 | $243,227 | $100,982 |
| 4 | $354,535 | $8,263 | -$12,766 | $239,893 | $114,642 |
| 5 | $365,171 | $8,619 | -$12,451 | $236,329 | $128,842 |
| 6 | $376,126 | $8,988 | -$12,122 | $232,521 | $143,606 |
| 7 | $387,410 | $9,371 | -$11,782 | $228,451 | $158,959 |
| 8 | $399,033 | $9,768 | -$11,427 | $224,102 | $174,931 |
| 9 | $411,004 | $10,180 | -$11,059 | $219,453 | $191,550 |
| 10 | $423,334 | $10,607 | -$10,677 | $214,486 | $208,847 |