5790 SW 96th St

Pinecrest, FL 33156 · single_family · For Sale · 103 days on market
Asking price$5,000,000
5 beds 7 baths 6,079 sqft
Suggested offer$4,526,119$473,881 above the est. market value of $4,526,119.
View on Realtor.com →
Listed by Ben Moss · Compass Florida, LLC.
Typesingle_family
Built2019
Price / sqft$823
Est. value (own analysis)$4,526,119
Rent estimate (own analysis)$20,000/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-05-22
Removed date
MLSMiamiMLS #A12015268
Coordinates25.68179, -80.28613
Address5790 SW 96th St
CityPinecrest
StateFL
Zip33156
Listing ID5823594119
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33156)

Typical home value (ZHVI)$1,543,591
Typical rent (ZORI)$2,706/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$5,000,000
Down payment (20.0%)$1,000,000
Loan amount$4,000,000
Closing costs (5.0%)$250,000
Total cash to close$1,250,000
Rent (comp-derived)$20,000$240,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$240,000
Vacancy rate (assumption) assumption8.0%

$240,000 × 8.0% = $19,200

Effective gross income$18,400$220,800
Property tax (placeholder 1.9% of price)$7,917$95,000
Insurance (placeholder 0.8% of price)$3,333$40,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,000$12,000
Total operating expenses$12,250$147,000
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$220,800
Total operating expenses derived$147,000

$220,800 − $147,000 = $73,800

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$4,000,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$4,000,000 amortized at 6.7% over 30 years = $25,705/mo

CapEx reserve (5.0% of GSR)$1,000$12,000
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$73,800
Annual debt service derived$308,461
Annual CapEx reserve assumption$12,000
Annual PMI assumption$0

($73,800 − $308,461 − $12,000 − $0) ÷ 12 = -$20,555

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$73,800
Purchase price data$5,000,000

$73,800 ÷ $5,000,000 = 1.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$246,661
Total cash to close derived$1,250,000

-$246,661 ÷ $1,250,000 = -19.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$73,800
Annual debt service derived$308,461

$73,800 ÷ $308,461 = 0.24

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$240,000
Purchase price data$5,000,000

($240,000 ÷ 12) ÷ $5,000,000 = 0.4%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$5,000,000
Gross scheduled rent (annual) comp$240,000

$5,000,000 ÷ $240,000 = 20.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$147,000
Effective gross income derived$220,800

$147,000 ÷ $220,800 = 66.6%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$147,000
Annual debt service derived$308,461
Annual PMI assumption$0
Gross scheduled rent (annual) comp$240,000

($147,000 + $308,461 + $0) ÷ $240,000 = 189.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family564,212$11,0002026-08-19
single_family574,036$13,0002026-07-20
single_family575,783$35,0002026-03-31
single_family554,838$25,8802026-07-02
single_family554,374$20,0002026-09-01

8283 SW 120th Ter

Miami, 33156 · rent comp

Bedrooms / bathrooms5 bd / 6 ba
Square footage4,212
Listed2026-08-19
Days on market

Asking rent: $11,000

View on Zillow →

13401 SW 83rd Ave

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms5 bd / 7 ba
Square footage4,036
Listed2026-07-20
Days on market

Asking rent: $13,000

View on Zillow →

673 Destacada Ave

Coral Gables, 33156 · rent comp

Bedrooms / bathrooms5 bd / 7 ba
Square footage5,783
Listed2026-03-31
Days on market

Asking rent: $35,000

View on Zillow →

6890 SW 94th St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,838
Listed2026-07-02
Days on market

Asking rent: $25,880

View on Zillow →

6121 SW 104th St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms5 bd / 5 ba
Square footage4,374
Listed2026-09-01
Days on market

Asking rent: $20,000

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
12801 SW 61st Avesingle_family555,802$4,550,0002026-08-24
600 Conde Avesingle_family554,512$4,000,0002026-08-18
5770 SW 100th Stsingle_family566,447$4,750,0002026-08-17
7200 SW 107th Tersingle_family563,450$2,990,0002026-08-17
12624 SW 77th Avesingle_family544,014$3,200,0002026-08-13
13300 SW 69th Avesingle_family554,731$2,900,0002026-08-10
11600 SW 77th Avesingle_family574,673$4,700,0002026-08-07
10330 SW 71st Avesingle_family532,789$2,275,0002026-08-03
12801 Old Cutler Rdsingle_family564,906$4,110,0002026-08-03
7175 SW 117th Tersingle_family543,448$2,155,0002026-07-27
5340 Banyan Drsingle_family555,690$7,281,5002026-07-22
12070 SW 83rd Plsingle_family554,212$2,270,0002026-07-21
7440 SW 106th Stsingle_family533,748$3,250,0002026-07-21
8620 SW 112th Stsingle_family553,993$2,700,0002026-07-09
13060 SW 70th Avesingle_family533,203$2,100,0002026-07-06
6700 SW 117th Stsingle_family543,956$3,150,0002026-06-30
6801 SW 126th Tersingle_family554,732$2,757,2002026-06-30
13020 SW 70th Avesingle_family544,001$1,850,0002026-06-29
7830 SW 120th Stsingle_family544,119$2,950,0002026-06-26
10235 SW 58th Ctsingle_family533,004$2,560,0002026-06-22
8479 SW 122nd Stsingle_family543,674$2,350,0002026-06-17
7455 SW 125th Stsingle_family543,039$2,100,0002026-06-15
7751 Palmetto Ctsingle_family553,298$2,575,0002026-06-10
1511 Agua Avesingle_family543,723$2,635,0002026-05-29
6125 SW 109th Stsingle_family554,161$3,400,0002026-05-26
7280 SW 100th Stsingle_family564,801$3,500,0002026-05-21
6505 SW 133rd Drsingle_family533,061$2,000,0002026-05-20
13150 SW 69th Avesingle_family545,343$3,150,0002026-05-18
325 Campana Avesingle_family546,779$5,100,0002026-05-14
10125 SW 60th Avesingle_family533,449$3,000,0002026-05-14
5820 SW 97th Stsingle_family544,084$6,625,0002026-05-14
9370 Balada Stsingle_family543,997$10,250,0002026-05-13
665 Leucadendra Drsingle_family587,698$24,250,0002026-05-05
5400 Banyan Trlsingle_family556,831$7,475,0002026-05-04
11120 Killian Park Rdsingle_family556,307$4,850,0002026-05-04
8535 SW 113th Tersingle_family543,645$1,980,0002026-04-30
11001 SW 75th Ctsingle_family565,783$4,125,0002026-04-29
641 Reinante Avesingle_family563,360$15,600,0002026-04-17
6755 SW 99th Tersingle_family554,598$3,800,0002026-04-17
12685 SW 81st Avesingle_family533,251$2,170,0002026-04-10
7681 SW 107th Stsingle_family543,514$3,185,0002026-04-09
13502 SW 57th Ctsingle_family533,099$2,200,0002026-04-06
7250 SW 99th Stsingle_family554,031$2,735,0002026-03-27
7340 SW 123rd Tersingle_family532,349$1,600,0002026-03-17
11133 SW 85th Ctsingle_family554,067$2,037,5002026-03-13
13407 SW 59th Avesingle_family543,280$2,325,0002026-03-09
5846 SW 108th Stsingle_family543,812$3,000,0002026-03-05
8363 SW 98th Stsingle_family564,093$1,960,0002026-03-03
7125 SW 120th Stsingle_family522,482$1,800,5002026-02-27
13000 SW 69th Ctsingle_family542,961$2,400,0002026-02-20

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
7840 SW 98th Stsingle_family574,618$4,650,000
8345 SW 90th Stsingle_family533,460$1,745,000
12021 SW 82nd Plsingle_family543,686$1,980,000
10825 SW 80th Avesingle_family533,650$2,350,000
8695 SW 110th Stsingle_family532,551$1,635,000
8339 SW 112th Stsingle_family532,628$2,300,000
4901 Hammock Park Drsingle_family565,317$10,950,000
8045 SW 128th Stsingle_family561,781$1,650,000

10-year hold projection

IRR-3.3%
Equity multiple0.46x
Total return (10yr)-$19,684
YearProperty valueNOICash flowLoan balanceEquity
1$5,150,000$73,800-$246,661$3,956,631$1,193,369
2$5,304,500$76,749-$244,012$3,910,284$1,394,216
3$5,463,635$79,805-$241,264$3,860,754$1,602,881
4$5,627,544$82,971-$238,412$3,807,823$1,819,721
5$5,796,370$86,252-$235,455$3,751,257$2,045,113
6$5,970,261$89,651-$232,387$3,690,807$2,279,455
7$6,149,369$93,172-$229,205$3,626,205$2,523,164
8$6,333,850$96,819-$225,906$3,557,168$2,776,683
9$6,523,866$100,598-$222,484$3,483,389$3,040,477
10$6,719,582$104,511-$218,936$3,404,544$3,315,038
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.