6821 Brookline Dr Unit 6821

Hialeah, FL 33015 · condos · For Sale · 14 days on market
Asking price$439,000
3 beds 3 baths 2,180 sqft
View on Realtor.com →
Listed by Carlos Lobato · Coldwell Banker Realty
Typecondos
Built1967
Price / sqft$201
Est. value (own analysis)$597,734
Rent estimate (own analysis)$3,238/mo
HOA$527/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-19
Removed date
MLSMiamiMLS #A12072304
Coordinates25.94414, -80.31239
Address6821 Brookline Dr Unit 6821
CityHialeah
StateFL
Zip33015
Listing ID5786391336
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33015)

Typical home value (ZHVI)$397,440
Typical rent (ZORI)$2,324/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)

Purchase price$439,000
Down payment (20.0%)$87,800
Loan amount$351,200
Closing costs (5.0%)$21,950
Total cash to close$109,750
Rent (comp-derived)$3,238$38,856
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$38,856
Vacancy rate (assumption) assumption8.0%

$38,856 × 8.0% = $3,108

Effective gross income$2,979$35,748
Property tax (placeholder 1.9% of price)$695$8,341
Insurance (placeholder 0.8% of price)$293$3,512
HOA dues$527$6,324
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$162$1,943
Total operating expenses$1,677$20,120
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$35,748
Total operating expenses derived$20,120

$35,748 − $20,120 = $15,628

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$351,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$351,200 amortized at 6.7% over 30 years = $2,257/mo

CapEx reserve (5.0% of GSR)$162$1,943
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$15,628
Annual debt service derived$27,083
Annual CapEx reserve assumption$1,943
Annual PMI assumption$0

($15,628 − $27,083 − $1,943 − $0) ÷ 12 = -$1,117

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$15,628
Purchase price data$439,000

$15,628 ÷ $439,000 = 3.6%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$13,398
Total cash to close derived$109,750

-$13,398 ÷ $109,750 = -12.2%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$15,628
Annual debt service derived$27,083

$15,628 ÷ $27,083 = 0.58

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$38,856
Purchase price data$439,000

($38,856 ÷ 12) ÷ $439,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$439,000
Gross scheduled rent (annual) comp$38,856

$439,000 ÷ $38,856 = 11.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$20,120
Effective gross income derived$35,748

$20,120 ÷ $35,748 = 56.3%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$20,120
Annual debt service derived$27,083
Annual PMI assumption$0
Gross scheduled rent (annual) comp$38,856

($20,120 + $27,083 + $0) ÷ $38,856 = 121.5%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
apartment311,500$2,9002026-07-03
condos331,510$3,2002026-08-06
apartment321,638$3,276
apartment321,638$3,276

7565 N Augusta Dr Unit 7567

Hialeah, 33015 · rent comp

Bedrooms / bathrooms3 bd / 1 ba
Square footage1,500
Listed2026-07-03
Days on market

Asking rent: $2,900

View on Zillow →

17370 NW 69th Ct Apt 305

Hialeah, 33015 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,510
Listed2026-08-06
Days on market

Asking rent: $3,200

View on Zillow →

18335 NW 68th Ave # 700-501

Miami Gardens, 33015 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,638
Listed
Days on market

Asking rent: $3,276

View on Zillow →

18335 NW 68th Ave # 700-423

Miami Gardens, 33015 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,638
Listed
Days on market

Asking rent: $3,276

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
6115 NW 186th St Apt 104condos321,255$175,0002026-08-05
17415 NW 75th Pl Apt 103condos321,220$295,0002026-07-31
19300 W Lake Drcondo_townhome_rowhome_coop331,854$535,0002026-06-26
6930 NW 179th St Unit 107-8condos321,186$310,0002026-06-25
6360 NW 170th Tercondo_townhome_rowhome_coop321,115$407,0002026-06-08
6701 NW 169th St Apt B304condos321,068$232,5002026-05-29
17000 NW 67th Ave Apt 126condos321,194$280,0002026-05-04
6755 NW 182nd St Apt 104condo_townhome_rowhome_coop331,180$320,7932026-04-23
18752 NW 84th Pl Unit 606-6condos321,261$420,0002026-04-15
6442 NW 170th Tercondo_townhome_rowhome_coop321,115$385,0002026-04-13
6940 NW 179th St Unit 108-7condos321,186$320,0002026-04-13
17600 NW 68th Ave Apt B2004condos321,130$232,5002026-04-07
18370 Mediterranean Blvd Unit 1-25condos321,100$285,0002026-03-16
7241 NW 174th Ter Apt 103condos32987$305,0002026-02-03
17425 NW 75th Pl Apt 106condos321,220$365,0002026-01-28
18224 Mediterranean Blvd Unit 6-1706condos321,100$275,0002026-01-16
17000 NW 67th Ave Apt 335condos321,194$250,0002025-12-31
7320 Coldstream Drcondo_townhome_rowhome_coop322,069$575,0002025-12-22
18350 NW 68th Ave Apt Fcondos321,100$295,0002025-12-16
8250 NW 191st St Unit 10Dcondos321,170$329,0002025-11-24
18821 NW 84th Ct Unit 705-7condos321,261$458,0002025-11-21
7322 Stardust Drcondo_townhome_rowhome_coop321,386$460,0002025-11-20
6900 NW 179th St Unit 101-1condos32992$317,0002025-10-20
7145 NW 173rd Dr Apt 1108condos331,320$365,0002025-10-15

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.

AddressTypeBedsBathsSqftAsking priceDays on market
6795 Brookline Dr Unit 6795condos333,504$645,000
6061 NW 198th Tersingle_family331,540$645,000
19331 NW 57th Ctsingle_family321,371$720,000
17831 NW 84th Ctsingle_family321,719$1,050,000
8601 NW 192nd Tersingle_family321,353$599,900
8126 NW 199th Tersingle_family331,648$665,000
8165 NW 187th Tersingle_family321,327$610,000
8266 NW 192nd Tersingle_family321,353$545,000

10-year hold projection

IRR2.1%
Equity multiple1.34x
Total return (10yr)$95,061
YearProperty valueNOICash flowLoan balanceEquity
1$452,170$15,628-$13,398$347,392$104,778
2$465,735$16,197-$12,877$343,323$122,412
3$479,707$16,786-$12,338$338,974$140,733
4$494,098$17,395-$11,780$334,327$159,772
5$508,921$18,026-$11,202$329,360$179,561
6$524,189$18,677-$10,604$324,052$200,136
7$539,915$19,352-$9,984$318,380$221,534
8$556,112$20,049-$9,343$312,319$243,793
9$572,795$20,770-$8,680$305,841$266,954
10$589,979$21,516-$7,994$298,918$291,061
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.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.