| 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 (comp-derived) | $5,350$64,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,922$59,064 |
| Operating expenses | |
| Property tax (real MLS tax bill, from Realtor Search) | $583$7,000 |
| Insurance (est. scaled by flood & wind risk) | $1,900$22,800 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $268$3,210 |
| Total operating expenses | $2,751$33,010 |
| 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) | $268$3,210 |
| 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 | 4 | 2 | 1,754 | $7,200 | 2026-08-19 | — | |
| single_family | 4 | 2 | 2,149 | $3,900 | 2026-08-13 | — | |
| single_family | 4 | 2 | 1,874 | $3,650 | 2026-06-22 | — | |
| single_family | 4 | 3 | 1,749 | $5,500 | 2026-06-17 | — | |
| single_family | 4 | 2 | 1,652 | $6,000 | 2026-06-02 | — | |
| single_family | 4 | 2 | 2,300 | $5,200 | 2026-08-03 | — | |
| single_family | 4 | 3 | 1,859 | $4,000 | 2026-04-20 | — | |
| single_family | 4 | 3 | 2,313 | $5,500 | — | — |
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 |
|---|---|---|---|---|---|---|
| 8220 SW 29th St | single_family | 4 | 3 | 1,807 | $855,000 | 2026-08-27 |
| 4145 SW 84th Ct | single_family | 4 | 3 | — | $1,150,000 | 2026-08-26 |
| 8250 SW 28th St | single_family | 4 | 3 | 2,330 | $729,000 | 2026-08-13 |
| 6735 SW 51st St | single_family | 4 | 2 | 2,192 | $1,115,000 | 2026-08-11 |
| 2725 SW 65th Ave | single_family | 4 | 4 | 2,855 | $1,815,000 | 2026-08-11 |
| 6291 SW 50th St | single_family | 4 | 3 | 2,475 | $1,650,000 | 2026-07-27 |
| 1811 SW 83rd Ave | single_family | 4 | 3 | 2,152 | $860,000 | 2026-07-23 |
| 6065 N Waterway Dr | single_family | 4 | 3 | 1,641 | $987,000 | 2026-07-22 |
| 7941 SW 18th Ter | single_family | 4 | 4 | 3,401 | $870,000 | 2026-06-29 |
| 2314 SW 60th Ave | single_family | 4 | 4 | 1,985 | $715,000 | 2026-06-24 |
| 7515 SW 32nd St | single_family | 4 | 2 | 1,556 | $765,000 | 2026-06-24 |
| 5830 SW 51st Ter | single_family | 4 | 3 | 2,270 | $1,500,000 | 2026-06-18 |
| 5701 SW 50th Ter | single_family | 4 | 3 | 2,174 | $1,075,000 | 2026-06-15 |
| 6449 SW 56th St | single_family | 4 | 4 | 2,524 | $2,175,000 | 2026-06-15 |
| 6501 SW 30th St | single_family | 4 | 3 | 2,452 | $899,000 | 2026-06-10 |
| 6881 SW 27th St | single_family | 4 | 2 | 1,753 | $715,000 | 2026-06-08 |
| 7715 SW 21st Ter | single_family | 4 | 2 | 1,747 | $665,000 | 2026-06-08 |
| 6001 SW 28th St | single_family | 4 | 3 | 2,896 | $1,700,000 | 2026-06-02 |
| 2122 SW 58th Ave | single_family | 4 | 3 | 2,511 | $729,000 | 2026-05-29 |
| 6710 SW 48th St | single_family | 4 | 3 | 1,522 | $920,000 | 2026-05-28 |
| 7285 SW 16th Ter | single_family | 4 | 1 | 1,712 | $640,000 | 2026-05-27 |
| 5747 SW 31st St | single_family | 4 | 1 | 1,836 | $1,100,000 | 2026-05-27 |
| 2523 Red Rd | single_family | 4 | 3 | 2,833 | $2,475,000 | 2026-05-26 |
| 8631 SW 16th Ter | single_family | 4 | 3 | 2,218 | $875,000 | 2026-05-20 |
| 8311 SW 47th St | single_family | 4 | 3 | 2,150 | $1,050,000 | 2026-05-19 |
| 6421 Miller Dr | single_family | 4 | 2 | 2,048 | $1,120,000 | 2026-05-18 |
| 8571 SW 30th St | single_family | 4 | 3 | 2,408 | $700,000 | 2026-05-15 |
| 2030 SW 60th Ave | single_family | 4 | 2 | 1,860 | $850,000 | 2026-05-14 |
| 6415 SW 39th St | single_family | 4 | 2 | 1,591 | $825,000 | 2026-05-14 |
| 5790 SW 34th St | single_family | 4 | 3 | 3,118 | $2,010,000 | 2026-05-07 |
| 2735 SW 65th Ave | single_family | 4 | 4 | 2,358 | $1,300,000 | 2026-05-05 |
| 5801 SW 35th St | single_family | 4 | 2 | 3,128 | $2,499,900 | 2026-04-24 |
| 7550 SW 28th Street Rd | single_family | 4 | 2 | 1,655 | $670,000 | 2026-04-20 |
| 2007 SW 60th Ave | single_family | 4 | 3 | 1,553 | $535,000 | 2026-04-15 |
| 6625 SW 45th St | single_family | 4 | 4 | 1,922 | $1,125,000 | 2026-03-27 |
| 7120 SW 56th St | single_family | 4 | 3 | 1,900 | $1,420,000 | 2026-03-23 |
| 8440 SW 27th Ter | single_family | 4 | 2 | 1,606 | $838,000 | 2026-03-16 |
| 5760 SW 56th St | single_family | 4 | 4 | 2,171 | $1,500,000 | 2026-03-16 |
| 6086 SW 20th St | single_family | 4 | 2 | 1,640 | $745,000 | 2026-03-06 |
| 2102 SW 58th Ct | single_family | 4 | 2 | 1,573 | $585,000 | 2026-03-05 |
| 8371 SW 32nd Ter | single_family | 4 | 2 | 1,703 | $765,000 | 2026-02-27 |
| 8551 SW 30th St | single_family | 4 | 3 | 2,248 | $845,000 | 2026-02-27 |
| 7580 SW 29th St | single_family | 4 | 3 | 1,648 | $820,000 | 2026-02-27 |
| 8670 SW 27th Ln | single_family | 4 | 2 | 1,344 | $700,000 | 2026-02-26 |
| 6440 SW 44th St | single_family | 4 | 3 | 2,152 | $1,500,000 | 2026-02-23 |
| 6701 SW 48th St | single_family | 4 | 3 | 1,805 | $1,275,000 | 2026-02-10 |
| 7420 SW 31st St | single_family | 4 | 2 | 1,711 | $680,000 | 2026-02-09 |
| 4950 SW 63rd Ave | single_family | 4 | 4 | 3,239 | $2,600,000 | 2026-02-05 |
| 6411 SW 22nd St | single_family | 4 | 2 | 1,476 | $785,000 | 2026-02-05 |
| 3051 SW 84th Ct | single_family | 4 | 3 | 2,241 | $800,000 | 2026-02-04 |
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 |
|---|---|---|---|---|---|---|
| 6385 SW 25th St | single_family | 4 | 2 | — | $920,000 | — |
| 7741 SW 20th St | single_family | 4 | 3 | 1,699 | $685,000 | — |
| 7151 SW 42nd St | single_family | 4 | 3 | 1,292 | $800,000 | — |
| 6140 SW 45th St | single_family | 4 | 2 | 1,615 | $950,000 | — |
| 7135 SW 19th St | single_family | 4 | 2 | 1,534 | $739,500 | — |
| 6776 SW 22nd St | townhomes | 4 | 3 | 2,062 | $669,000 | — |
| 5400 SW 63rd Ct | single_family | 4 | 3 | 2,822 | $1,700,000 | — |
| 5889 SW 17th St | single_family | 4 | 3 | 2,318 | $1,395,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,957,000 | $26,054 | -$94,371 | $1,503,520 | $453,480 |
| 2 | $2,015,710 | $27,001 | -$93,505 | $1,485,908 | $529,802 |
| 3 | $2,076,181 | $27,980 | -$92,608 | $1,467,087 | $609,095 |
| 4 | $2,138,467 | $28,993 | -$91,679 | $1,446,973 | $691,494 |
| 5 | $2,202,621 | $30,040 | -$90,718 | $1,425,478 | $777,143 |
| 6 | $2,268,699 | $31,124 | -$89,723 | $1,402,507 | $866,193 |
| 7 | $2,336,760 | $32,244 | -$88,694 | $1,377,958 | $958,802 |
| 8 | $2,406,863 | $33,403 | -$87,628 | $1,351,724 | $1,055,140 |
| 9 | $2,479,069 | $34,601 | -$86,525 | $1,323,688 | $1,155,381 |
| 10 | $2,553,441 | $35,840 | -$85,384 | $1,293,727 | $1,259,715 |