| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $4,500,000 |
| Down payment (20.0%) | $900,000 |
| Loan amount | $3,600,000 |
| Closing costs (5.0%) | $225,000 |
| Total cash to close | $1,125,000 |
| Income | |
| Rent (estimate) | $11,400$136,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $10,488$125,856 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $7,125$85,500 |
| Insurance (placeholder 0.8% of price) | $3,000$36,000 |
| HOA dues | $581$6,972 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $570$6,840 |
| Total operating expenses | $11,276$135,312 |
| 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) | $570$6,840 |
| 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 |
|---|---|---|---|---|---|---|
| 10650 SW 77th Ct | multi_family | — | — | 4,007 | $1,630,000 | 2026-08-31 |
| 8371 SW 122nd St | multi_family | — | — | 2,672 | $1,400,000 | 2026-02-25 |
| 8620 SW 128th St | multi_family | 4 | 2 | 1,596 | $850,000 | 2025-12-18 |
| 10504 SW 77th Ct | multi_family | — | — | 2,488 | $1,225,000 | 2025-12-17 |
| 11434 SW 81st Rd | multi_family | — | — | 2,395 | $1,000,000 | 2025-12-15 |
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 |
|---|---|---|---|---|---|---|
| 8350 SW 98th St | single_family | 6 | 5 | 7,953 | $4,500,000 | — |
| 9840 SW 73rd Ct | single_family | 6 | 8 | 6,841 | $6,499,000 | — |
| 11011 Marin St | single_family | 6 | 4 | 5,457 | $5,999,999 | — |
| 6600 SW 111th St | single_family | 6 | 7 | 7,563 | $5,785,000 | — |
| 7830 SW 117th St | single_family | 6 | 8 | 5,759 | $5,495,999 | — |
| 7765 SW 133rd Ter | single_family | 6 | 7 | — | $2,000,000 | — |
| 6700 SW 132nd St | single_family | 6 | 6 | 9,454 | $6,695,000 | — |
| 585 Arvida Pkwy | single_family | 6 | 8 | 9,236 | $27,500,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $4,635,000 | -$9,456 | -$293,911 | $3,560,968 | $1,074,032 |
| 2 | $4,774,050 | -$9,063 | -$293,689 | $3,519,256 | $1,254,794 |
| 3 | $4,917,272 | -$8,642 | -$293,443 | $3,474,679 | $1,442,593 |
| 4 | $5,064,790 | -$8,190 | -$293,171 | $3,427,041 | $1,637,749 |
| 5 | $5,216,733 | -$7,707 | -$292,872 | $3,376,132 | $1,840,602 |
| 6 | $5,373,235 | -$7,192 | -$292,545 | $3,321,726 | $2,051,509 |
| 7 | $5,534,432 | -$6,642 | -$292,189 | $3,263,585 | $2,270,847 |
| 8 | $5,700,465 | -$6,056 | -$291,802 | $3,201,451 | $2,499,014 |
| 9 | $5,871,479 | -$5,434 | -$291,383 | $3,135,050 | $2,736,429 |
| 10 | $6,047,624 | -$4,773 | -$290,930 | $3,064,090 | $2,983,534 |