| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $405,200 |
| Down payment (20.0%) | $81,040 |
| Loan amount | $324,160 |
| Closing costs (5.0%) | $20,260 |
| Total cash to close | $101,300 |
| Income | |
| Rent (comp-derived) | $2,650$31,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,438$29,256 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $642$7,699 |
| Insurance (placeholder 0.8% of price) | $270$3,242 |
| HOA dues | $75$900 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $133$1,590 |
| Total operating expenses | $1,119$13,430 |
| 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) | $133$1,590 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 2 | 3 | 1,100 | $2,600 | 2026-08-21 | — | |
| townhomes | 2 | 2 | 1,199 | $2,600 | 2026-08-17 | — | |
| townhomes | 2 | 3 | 1,160 | $2,650 | 2026-08-11 | — | |
| townhomes | 2 | 3 | 1,064 | $2,900 | 2026-07-23 | — | |
| townhomes | 2 | 3 | 1,170 | $2,700 | 2026-07-21 | — | |
| townhomes | 2 | 2 | 962 | $2,575 | 2026-07-17 | — | |
| townhomes | 2 | 3 | 1,034 | $2,500 | 2026-07-14 | — | |
| townhomes | 2 | 3 | 1,185 | $2,850 | 2026-07-09 | — | |
| townhomes | 2 | 2 | 1,170 | $2,556 | 2026-06-27 | — | |
| townhomes | 2 | 3 | 1,119 | $2,750 | 2026-06-18 | — | |
| townhomes | 2 | 2 | 936 | $2,400 | 2026-06-17 | — | |
| townhomes | 2 | 2 | 1,070 | $2,600 | 2026-06-04 | — | |
| townhomes | 2 | 3 | 1,200 | $2,650 | 2026-05-14 | — | |
| townhomes | 2 | 3 | 1,346 | $2,750 | 2026-08-03 | — | |
| townhomes | 2 | 3 | 1,100 | $2,500 | 2023-04-02 | — | |
| townhomes | 2 | 3 | 1,914 | $3,200 | 2026-08-25 | — | |
| townhomes | 2 | 3 | 1,395 | $2,650 | 2026-08-24 | — | |
| townhomes | 2 | 3 | 1,395 | $2,900 | 2026-02-27 | — |
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 |
|---|---|---|---|---|---|---|
| 6250 SW 130th Ave Apt 702 | townhomes | 2 | 3 | 1,100 | $390,000 | 2026-08-24 |
| 8749 SW 137th Ave Unit 8749 | townhomes | 2 | 3 | 1,346 | $335,000 | 2026-08-21 |
| 13890 SW 64th St | townhomes | 2 | 3 | 1,200 | $445,000 | 2026-07-31 |
| 13501 SW 62nd St Unit 101 | townhomes | 2 | 3 | 1,334 | $400,000 | 2026-06-30 |
| 12849 SW 65th St | townhomes | 2 | 2 | 1,170 | $455,000 | 2026-06-26 |
| 13731 SW 84th St Unit C11 | townhomes | 2 | 3 | 1,395 | $335,000 | 2026-06-24 |
| 8769 SW 137th Ave Unit 8769 | townhomes | 2 | 3 | 1,346 | $262,000 | 2026-06-12 |
| 12853 SW 64th Ln | townhomes | 2 | 2 | 1,170 | $449,000 | 2026-06-12 |
| 13855 SW 64th St Unit 13855 | townhomes | 2 | 3 | 1,200 | $435,000 | 2026-06-11 |
| 6346 SW 136th Ct Unit 110H | townhomes | 2 | 3 | 1,340 | $376,000 | 2026-06-09 |
| 13446 SW 62nd St Unit 102E | townhomes | 2 | 3 | 1,160 | $409,900 | 2026-06-05 |
| 7027 SW 127th Ct | townhomes | 2 | 2 | 1,025 | $455,000 | 2026-06-03 |
| 5914 SW 133rd Ct | townhomes | 2 | 2 | 962 | $379,000 | 2026-05-28 |
| 14371 SW 62nd St | townhomes | 2 | 2 | 1,471 | $436,000 | 2026-04-21 |
| 6279 SW 128th Ct | townhomes | 2 | 3 | 1,170 | $424,999 | 2026-04-16 |
| 6309 SW 138th Pl | townhomes | 2 | 3 | 1,308 | $409,500 | 2026-03-31 |
| 13900 SW 65th Ter Unit 9 | townhomes | 2 | 2 | 896 | $300,000 | 2026-03-03 |
| 13270 SW 58th Ter Unit 9-5 | townhomes | 2 | 2 | 936 | $350,000 | 2026-02-28 |
| 8317 SW 137th Ave Unit 8317 | townhomes | 2 | 3 | 1,346 | $360,000 | 2026-01-30 |
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 |
|---|---|---|---|---|---|---|
| 14250 SW 62nd St Apt 408 | condos | 2 | 2 | 1,020 | $275,000 | — |
| 12940 SW 64th Ln Unit 312-3 | condos | 2 | 2 | 890 | $275,000 | — |
| 8301 SW 137th Ave Unit 8301 | condos | 2 | 3 | 1,346 | $399,000 | — |
| 8420 SW 133rd Ave Rd Apt 105 | condos | 2 | 2 | 965 | $235,000 | — |
| 8311 SW 142nd Ave Apt I204 | condos | 2 | 2 | 845 | $283,999 | — |
| 13412 SW 62nd St Unit 103M | condos | 2 | 3 | 1,020 | $360,000 | — |
| 5800 SW 127th Ave Apt 2420 | condos | 2 | 2 | 1,170 | $265,000 | — |
| 12817 SW 67th Ter | townhomes | 2 | 3 | 1,914 | $595,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $417,356 | $15,826 | -$10,762 | $320,645 | $96,711 |
| 2 | $429,877 | $16,368 | -$10,260 | $316,889 | $112,987 |
| 3 | $442,773 | $16,927 | -$9,741 | $312,876 | $129,897 |
| 4 | $456,056 | $17,506 | -$9,204 | $308,586 | $147,470 |
| 5 | $469,738 | $18,103 | -$8,650 | $304,002 | $165,736 |
| 6 | $483,830 | $18,720 | -$8,076 | $299,103 | $184,727 |
| 7 | $498,345 | $19,358 | -$7,484 | $293,868 | $204,477 |
| 8 | $513,295 | $20,017 | -$6,871 | $288,273 | $225,022 |
| 9 | $528,694 | $20,697 | -$6,238 | $282,294 | $246,400 |
| 10 | $544,555 | $21,400 | -$5,584 | $275,904 | $268,651 |