285 NE 191st St Apt 2907

Miami, FL 33179 · condos · For Sale · 65 days on market
Asking price$110,000
1 beds 1 baths 600 sqft
Suggested offer$86,160$23,840 above the est. market value of $86,160.
View on Realtor.com →
Listed by Claudia Defranceschi · Defrabceschi Realty Group LLC
Typecondos
Built1965
Price / sqft$183
Est. value (own analysis)$86,160
Rent estimate (own analysis)$1,700/mo
HOA$222/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-29
Removed date
MLSMiamiMLS #A12045140
Coordinates25.95053, -80.19558
Address285 NE 191st St Apt 2907
CityMiami
StateFL
Zip33179
Listing ID5839334868
Sourceus-real-estate-listings, cached 2026-08-25

ZIP market snapshot (33179)

Typical home value (ZHVI)$274,207
Typical rent (ZORI)$2,257/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$110,000
Down payment (20.0%)$22,000
Loan amount$88,000
Closing costs (5.0%)$5,500
Total cash to close$27,500
Rent (comp-derived)$1,700$20,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$20,400
Vacancy rate (assumption) assumption8.0%

$20,400 × 8.0% = $1,632

Effective gross income$1,564$18,768
Property tax (placeholder 1.9% of price)$174$2,090
Insurance (placeholder 0.8% of price)$73$880
HOA dues$222$2,664
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$85$1,020
Total operating expenses$555$6,654
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$18,768
Total operating expenses derived$6,654

$18,768 − $6,654 = $12,114

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$88,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$88,000 amortized at 6.7% over 30 years = $566/mo

CapEx reserve (5.0% of GSR)$85$1,020
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$12,114
Annual debt service derived$6,786
Annual CapEx reserve assumption$1,020
Annual PMI assumption$0

($12,114 − $6,786 − $1,020 − $0) ÷ 12 = $359

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$12,114
Purchase price data$110,000

$12,114 ÷ $110,000 = 11.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$4,308
Total cash to close derived$27,500

$4,308 ÷ $27,500 = 15.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$12,114
Annual debt service derived$6,786

$12,114 ÷ $6,786 = 1.79

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$20,400
Purchase price data$110,000

($20,400 ÷ 12) ÷ $110,000 = 1.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$110,000
Gross scheduled rent (annual) comp$20,400

$110,000 ÷ $20,400 = 5.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$6,654
Effective gross income derived$18,768

$6,654 ÷ $18,768 = 35.5%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$6,654
Annual debt service derived$6,786
Annual PMI assumption$0
Gross scheduled rent (annual) comp$20,400

($6,654 + $6,786 + $0) ÷ $20,400 = 65.9%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos11801$1,7002026-08-08
condos11775$1,6502026-08-05
condos11801$1,7002026-07-23
condos11660$1,6502026-07-12
condos11650$1,6002026-07-01
condos11650$1,6002026-06-27
condos11660$1,5002026-06-26
condos11779$1,5502026-06-20
condos11779$1,8502026-06-10
condos11692$1,5002026-06-02
condos11400$1,4002026-05-26
apartment11675$1,6252024-12-20
condos11660$1,7752026-04-07
condos11600$1,4502026-02-05
condos11686$1,7002026-03-02
apartment11675$1,625
apartment11594$1,700
apartment11781$2,194
apartment11675$1,855
apartment11594$1,675
apartment11594$1,700
apartment11594$1,675
apartment11574$1,750
apartment11594$1,775
apartment11594$1,700
apartment11800$2,199
apartment11800$1,7002025-01-18
apartment11781$2,1492025-07-07
apartment11692$1,7002026-08-05
condos11660$1,5002026-07-12
condos11660$15,0002026-08-26
condos11660$1,5502026-05-14
apartment11800$2,159
condos11660$1,8002026-01-30
apartment11781$2,169
apartment11781$2,169
apartment11675$1,625
apartment11800$2,184
apartment11750$1,427
apartment11675$1,855
apartment11594$1,775
apartment11594$1,700
apartment11594$1,600
apartment11594$1,750
apartment11675$1,625
apartment11594$1,700
apartment11594$1,700
apartment11594$1,725
apartment11594$1,700
apartment11594$1,675
apartment11594$1,775
apartment11675$1,625
apartment11594$1,600
apartment11781$2,149
apartment11800$2,159
apartment11800$2,204
apartment11781$2,214
apartment11781$2,219

1351 NE Miami Gardens Dr Apt 301E

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage801
Listed2026-08-08
Days on market

Asking rent: $1,700

View on Zillow →

20311 NE 2nd Ave Apt 15

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage775
Listed2026-08-05
Days on market

Asking rent: $1,650

View on Zillow →

1301 NE Miami Gardens Dr Apt 1611W

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage801
Listed2026-07-23
Days on market

Asking rent: $1,700

View on Zillow →

300 NE 191st St Apt 217

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage660
Listed2026-07-12
Days on market

Asking rent: $1,650

View on Zillow →

809 NE 199th St Unit 206-7

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage650
Listed2026-07-01
Days on market

Asking rent: $1,600

View on Zillow →

809 NE 199th St Unit 105-7

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage650
Listed2026-06-27
Days on market

Asking rent: $1,600

View on Zillow →

19001 NE 2nd Ave Apt 1404

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage660
Listed2026-06-26
Days on market

Asking rent: $1,500

View on Zillow →

1591 NE Miami Gardens Dr Apt 306

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage779
Listed2026-06-20
Days on market

Asking rent: $1,550

View on Zillow →

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage779
Listed2026-06-10
Days on market

Asking rent: $1,850

View on Zillow →

20337 NE 2nd Ave

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage692
Listed2026-06-02
Days on market

Asking rent: $1,500

View on Zillow →

233 NE 199th Ter Unit 0

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage400
Listed2026-05-26
Days on market

Asking rent: $1,400

View on Zillow →

361 NE 191st St

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage675
Listed2024-12-20
Days on market

Asking rent: $1,625

View on Zillow →

1723 NE Miami Gardens Dr Apt 235

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage660
Listed2026-04-07
Days on market

Asking rent: $1,775

View on Zillow →

285 NE 191st St Apt 2907

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage600
Listed2026-02-05
Days on market

Asking rent: $1,450

View on Zillow →

1700 NE 191st St Apt 402

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage686
Listed2026-03-02
Days on market

Asking rent: $1,700

View on Zillow →

361 NE 191st St # 18-205

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage675
Listed
Days on market

Asking rent: $1,625

View on Zillow →

12 NE 188th St # 179

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,700

View on Zillow →

20901 San Simeon Way # 16-114

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage781
Listed
Days on market

Asking rent: $2,194

View on Zillow →

361 NE 191st St # 15-108

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage675
Listed
Days on market

Asking rent: $1,855

View on Zillow →

12 NE 188th St # 68

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,675

View on Zillow →

12 NE 188th St # 86

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,700

View on Zillow →

12 NE 188th St # 223

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,675

View on Zillow →

12 NE 188th St # 6-101

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage574
Listed
Days on market

Asking rent: $1,750

View on Zillow →

12 NE 188th St # 195

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,775

View on Zillow →

12 NE 188th St # 70

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,700

View on Zillow →

20901 San Simeon Way # 27-308

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage800
Listed
Days on market

Asking rent: $2,199

View on Zillow →

1840 NE 186th St

North Miami Beach, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage800
Listed2025-01-18
Days on market

Asking rent: $1,700

View on Zillow →

20941 San Simeon Way

North Miami Beach, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage781
Listed2025-07-07
Days on market

Asking rent: $2,149

View on Zillow →

20310 NE 2nd Ave Apt 5

Miami Gardens, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage692
Listed2026-08-05
Days on market

Asking rent: $1,700

View on Zillow →

20210 NE 2nd Ave Apt V4

Miami Gardens, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage660
Listed2026-07-12
Days on market

Asking rent: $1,500

View on Zillow →

20210 NE 2nd Ave Apt V14

Miami Gardens, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage660
Listed2026-08-26
Days on market

Asking rent: $15,000

View on Zillow →

20230 NE 2nd Ave Apt U5

Miami Gardens, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage660
Listed2026-05-14
Days on market

Asking rent: $1,550

View on Zillow →

20901 San Simeon Way # 17-103

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage800
Listed
Days on market

Asking rent: $2,159

View on Zillow →

270 NE 191st St Apt 103

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage660
Listed2026-01-30
Days on market

Asking rent: $1,800

View on Zillow →

20901 San Simeon Way # 16-113

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage781
Listed
Days on market

Asking rent: $2,169

View on Zillow →

20901 San Simeon Way # 18-101

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage781
Listed
Days on market

Asking rent: $2,169

View on Zillow →

361 NE 191st St # 02-101

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage675
Listed
Days on market

Asking rent: $1,625

View on Zillow →

20901 San Simeon Way # 24-212

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage800
Listed
Days on market

Asking rent: $2,184

View on Zillow →

1572 NE 191st St # 1560-105

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage750
Listed
Days on market

Asking rent: $1,427

View on Zillow →

361 NE 191st St # 18-105

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage675
Listed
Days on market

Asking rent: $1,855

View on Zillow →

12 NE 188th St # 375

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,775

View on Zillow →

12 NE 188th St # 118

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,700

View on Zillow →

12 NE 188th St # 39

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,600

View on Zillow →

12 NE 188th St # 83

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,750

View on Zillow →

361 NE 191st St # 02-208

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage675
Listed
Days on market

Asking rent: $1,625

View on Zillow →

12 NE 188th St # 321

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,700

View on Zillow →

12 NE 188th St # 127

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,700

View on Zillow →

12 NE 188th St # 244

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,725

View on Zillow →

12 NE 188th St # 186

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,700

View on Zillow →

12 NE 188th St # 65

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,675

View on Zillow →

12 NE 188th St # 139

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,775

View on Zillow →

361 NE 191st St # 17-105

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage675
Listed
Days on market

Asking rent: $1,625

View on Zillow →

12 NE 188th St # 234

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage594
Listed
Days on market

Asking rent: $1,600

View on Zillow →

20901 San Simeon Way # 03-203

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage781
Listed
Days on market

Asking rent: $2,149

View on Zillow →

20901 San Simeon Way # 20-107

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage800
Listed
Days on market

Asking rent: $2,159

View on Zillow →

20901 San Simeon Way # 19-104

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage800
Listed
Days on market

Asking rent: $2,204

View on Zillow →

20901 San Simeon Way # 12-102

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage781
Listed
Days on market

Asking rent: $2,214

View on Zillow →

20901 San Simeon Way # 11-102

Miami, 33179 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage781
Listed
Days on market

Asking rent: $2,219

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
1540 NE 191st St Apt 140condos12954$135,0002026-08-31
175 NE 203rd Ter Apt 28condos11692$93,0002026-08-31
19051 NE 2nd Ave Apt 1514condos11850$60,0002026-08-28
1301 NE 191st St Unit F103condos12898$175,0002026-08-28
1200 NE Miami Gardens Dr Unit 605Wcondos11825$165,0002026-08-24
1700 NE 191st St Apt 202condos11686$105,0002026-08-17
20311 NE 2nd Ave Apt 21condos11692$90,0002026-08-13
18900 NE 14th Ave Unit D106condos11825$100,0002026-08-11
1301 NE Miami Gardens Dr Apt 1424Wcondos12861$150,0002026-08-07
70 NE 202nd Ter Apt T14condos11660$50,0002026-07-31
20850 San Simeon Way Unit 408-5condos121,100$180,0002026-07-29
19001 NE 14th Ave Apt 107condos12954$125,0002026-07-24
20311 NE 2nd Ave Apt 27condos11692$90,0002026-07-16
1301 NE Miami Gardens Dr Apt 1124Wcondos12861$154,0002026-07-13
18740 NE 18th Ave Apt 142condos11660$176,0002026-07-09
671 NE 195 St Unit 122Econdos12952$134,0002026-07-08
165 NE 203rd Ter Apt 30condos11691$79,0002026-07-02
1540 NE 191st St Apt 321condos12954$140,0002026-06-29
100 NE 203rd Ter Apt 14condos11691$102,0002026-06-18
20320 NE 2nd Ave Apt 7condos11692$97,5002026-06-17
1301 NE Miami Gardens Dr Apt 813Wcondos12861$127,0002026-06-08
165 NE 203rd Ter Apt 31condos11691$90,0002026-06-05
1075 NE Miami Gardens Dr Unit 707condos12873$190,0002026-05-25
1680 NE 191st St Unit 107-2condos121,036$125,0002026-05-22
285 NE 191st St Apt 2923condos11660$53,5002026-05-21
871 NE 195th St Apt 202condos121,091$150,0002026-05-19
1780 NE 191st St Unit 806-2condos11947$133,5002026-05-18
1530 NE 191st St Apt 306condos12954$157,0002026-05-14
1301 NE Miami Gardens Dr Apt 824Wcondos12861$135,0002026-05-14
1351 NE Miami Gardens Dr Apt 722Econdos12861$164,0002026-05-07
1200 NE Miami Gardens Dr Unit 905Wcondos11825$158,0002026-05-05
52 NE 204th St Apt 6condos11711$104,9002026-05-01
20120 NE 2nd Ave Apt W20condos11836$115,0002026-04-24
1401 NE Miami Gardens Dr Apt 287condos12921$130,0002026-04-23
1140 NE 191st St Unit 24condos12830$150,0002026-04-21
1770 NE 191st St Unit 112-1condos121,036$144,0002026-04-21
1690 NE 191st St Unit 404-1condos121,036$85,0002026-04-20
1789 NE Miami Gardens Dr Unit W403condos12827$250,0002026-04-15
661 NE 195th St Apt 103condos12961$140,0002026-04-09
115 NE 202 Ter Unit M21condos11660$104,0002026-03-06
1780 NE 191st St Unit 705-2condos121,036$152,9002026-03-05
445 NE 195th St Apt 431condos121,002$130,0002026-02-27
1401 NE Miami Gardens Dr Apt 787condos12921$137,0002026-02-26
1680 NE 191st St Apt 415condos11909$125,0002026-02-24
879 NE 195th St Apt 424condos11968$119,0002026-02-18
11 NE 204th St Unit 6Dcondos11711$110,0002026-02-13
1200 NE Miami Gardens Dr Unit 710Wcondos12889$168,0002026-02-12
18707 NE 14th Ave Apt 638condos12846$110,0002026-02-05
877 NE 195th St Apt 217condos121,082$115,0002026-01-30
18601 NE 14th Ave Apt 201condos12861$165,0002026-01-28

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
1501 NE 191st St Apt C412condos12898$160,000
18707 NE 14th Ave Apt 727condos11802$165,000
1401 NE Miami Gardens Dr Apt 286condos12921$169,000
1301 NE 191st St Unit F103condos12898$180,000
671 NE 195th St Apt 207Econdos12952$165,000
condos12889$198,500
1301 NE Miami Gardens Dr Apt 1404Wcondos12861$180,000
952 NE 199th St Unit 4Kcondos12823$155,000

10-year hold projection

IRR24.0%
Equity multiple4.56x
Total return (10yr)$112,249
YearProperty valueNOICash flowLoan balanceEquity
1$113,300$12,114$4,308$87,046$26,254
2$116,699$12,511$4,679$86,026$30,673
3$120,200$12,920$5,062$84,937$35,263
4$123,806$13,343$5,458$83,772$40,034
5$127,520$13,779$5,867$82,528$44,992
6$131,346$14,229$6,289$81,198$50,148
7$135,286$14,693$6,724$79,777$55,509
8$139,345$15,173$7,174$78,258$61,087
9$143,525$15,667$7,639$76,635$66,890
10$147,831$16,178$8,118$74,900$72,931
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.