1075 NW 28th St
Miami, FL 33127 · multi_family · For Sale · 13 days on market
Asking price$525,000
2 beds 2 baths 1,266 sqft
Listed by Miguel Fuentes · Fausto Commercial Realty Consultants Inc
Typemulti_family
Built1947
Price / sqft$415
Est. value (own analysis)$578,221
Rent estimate (building total, own analysis)$5,165/mo
HOANone
1 / 5
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Statusfor_sale
Listed date2026-08-21
Removed date—
MLSMiamiMLS #A12075180
Coordinates25.80276, -80.21287
Address1075 NW 28th St
CityMiami
StateFL
Zip33127
Listing ID5705804179
Sourceus-real-estate-listings, cached 2026-08-28
ZIP market snapshot (33127)
Typical home value (ZHVI)$528,160
Typical rent (ZORI)$2,975/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.
Underwriting (buy-and-hold, default assumptions)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $525,000 |
| Down payment (20.0%) | $105,000 |
| Loan amount | $420,000 |
| Closing costs (5.0%) | $26,250 |
| Total cash to close | $131,250 |
| Income | |
| Rent (estimate) | $5,165$61,983 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,752$57,025 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $831$9,975 |
| Insurance (placeholder 0.8% of price) | $350$4,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $258$3,099 |
| Total operating expenses | $1,440$17,274 |
| 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) | $258$3,099 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| duplex_triplex | 2 | 1 | 750 | $2,150 | 2025-09-09 | — |
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 |
|---|---|---|---|---|---|---|
| 51 NW 45th St | multi_family | 2 | 2 | 1,872 | $855,000 | 2026-07-14 |
| 5631 NW 5th Ct | multi_family | 2 | 2 | 888 | $322,000 | 2026-06-30 |
| 5300 N Miami Ave | multi_family | 2 | 2 | 1,742 | $1,000,000 | 2026-05-21 |
| 1066 NW 47th St | multi_family | 2 | 2 | 1,328 | $645,000 | 2026-03-31 |
| 1121 NW 51st St | multi_family | 2 | 2 | 1,436 | $323,000 | 2026-02-02 |
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 |
|---|---|---|---|---|---|---|
| 2700 NW 2nd Ave Unit 442 | condos | 2 | 2 | — | $1,300,000 | — |
| 21 NW 61st St | single_family | 2 | 1 | 972 | $550,000 | — |
| 266 NW 32nd St | single_family | 2 | 1 | 1,343 | $1,200,000 | — |
| 2700 NW 2nd Ave Unit 422 | condos | 2 | 2 | 830 | $1,790,000 | — |
| 270-272 NW 35th St | multi_family | 2 | 2 | 900 | $900,000 | — |
| 1114 NW 59th St | single_family | 2 | 1 | 824 | $424,900 | — |
| 2700 NW 2nd Ave Unit 743 | condos | 2 | 2 | 840 | $1,275,900 | — |
| 2700 NW 2nd Ave Unit 642 | condos | 2 | 2 | 840 | $1,230,000 | — |
10-year hold projection
IRR13.7%
Equity multiple3.10x
Total return (10yr)$344,669
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $540,750 | $39,751 | $4,263 | $415,446 | $125,304 |
| 2 | $556,973 | $41,029 | $5,464 | $410,580 | $146,393 |
| 3 | $573,682 | $42,349 | $6,704 | $405,379 | $168,302 |
| 4 | $590,892 | $43,710 | $7,984 | $399,822 | $191,071 |
| 5 | $608,619 | $45,114 | $9,305 | $393,882 | $214,737 |
| 6 | $626,877 | $46,563 | $10,668 | $387,535 | $239,342 |
| 7 | $645,684 | $48,058 | $12,075 | $380,752 | $264,932 |
| 8 | $665,054 | $49,600 | $13,527 | $373,503 | $291,551 |
| 9 | $685,006 | $51,190 | $15,026 | $365,756 | $319,250 |
| 10 | $705,556 | $52,831 | $16,572 | $357,478 | $348,078 |
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.