| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $185,000 |
| Down payment (20.0%) | $37,000 |
| Loan amount | $148,000 |
| Closing costs (5.0%) | $9,250 |
| Total cash to close | $46,250 |
| Income | |
| Rent (comp-derived) | $3,567$42,804 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,282$39,380 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $293$3,515 |
| Insurance (est. scaled by flood & wind risk) | $197$2,368 |
| HOA dues | $3,286$39,432 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $178$2,140 |
| Total operating expenses | $3,955$47,455 |
| 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) | $178$2,140 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 3 | 3 | 1,547 | $3,600 | 2026-08-06 | — | |
| condos | 3 | 3 | 1,547 | $3,600 | — | — | |
| apartment | 3 | 2 | 1,375 | $3,381 | — | — | |
| apartment | 3 | 2 | 1,427 | $3,584 | — | — | |
| condos | 3 | 3 | 1,380 | $3,000 | 2026-08-27 | — | |
| apartment | 3 | 3 | 1,444 | $3,300 | 2026-06-17 | — | |
| apartment | 3 | 3 | 1,962 | $3,400 | 2023-02-10 | — | |
| condos | 3 | 3 | 1,556 | $3,300 | 2025-12-04 | — | |
| apartment | 3 | 3 | 1,534 | $3,300 | 2022-08-15 | — | |
| apartment | 3 | 3 | 1,534 | $3,300 | 2022-08-15 | — | |
| apartment | 3 | 3 | 1,534 | $3,300 | 2022-08-15 | — | |
| condos | 3 | 3 | 1,462 | $2,700 | 2026-07-04 | — | |
| condos | 3 | 3 | 1,385 | $2,650 | 2026-07-01 | — | |
| condos | 3 | 3 | 1,573 | $2,700 | 2026-08-03 | — | |
| condos | 3 | 3 | 1,420 | $2,900 | 2026-06-01 | — | |
| condos | 3 | 2 | 1,710 | $3,900 | 2026-06-28 | — | |
| condos | 3 | 3 | 1,385 | $2,750 | 2026-07-02 | — | |
| condos | 3 | 3 | 1,385 | $2,650 | 2026-07-08 | — | |
| condos | 3 | 3 | 1,429 | $3,800 | 2026-08-25 | — | |
| condos | 3 | 3 | 1,700 | $4,000 | 2026-07-21 | — | |
| condos | 3 | 2 | 1,351 | $3,400 | 2026-07-28 | — | |
| condos | 3 | 3 | 1,370 | $3,000 | 2026-08-17 | — | |
| condos | 3 | 3 | 1,462 | $3,000 | 2026-08-19 | — | |
| condos | 3 | 3 | 1,534 | $4,000 | 2026-08-13 | — | |
| condos | 3 | 3 | 1,821 | $3,700 | 2026-08-03 | — | |
| condos | 3 | 3 | 1,429 | $2,900 | 2026-08-09 | — | |
| condos | 3 | 3 | 1,462 | $3,250 | 2026-06-18 | — | |
| condos | 3 | 4 | 1,556 | $4,000 | 2026-07-07 | — | |
| condos | 3 | 2 | 1,347 | $3,200 | 2026-08-25 | — | |
| condos | 3 | 2 | 1,360 | $3,550 | 2026-05-14 | — | |
| condos | 3 | 2 | 1,351 | $4,300 | 2026-08-25 | — | |
| condos | 3 | 2 | 1,460 | $3,700 | 2026-02-09 | — | |
| condos | 3 | 2 | 1,525 | $3,500 | 2026-07-08 | — | |
| condos | 3 | 3 | 1,517 | $3,550 | 2026-05-29 | — | |
| condos | 3 | 3 | 1,429 | $3,600 | 2026-07-13 | — | |
| condos | 3 | 3 | 1,684 | $4,200 | 2026-06-04 | — | |
| condos | 3 | 3 | 1,364 | $3,150 | 2026-07-27 | — | |
| condos | 3 | 4 | 1,556 | $3,850 | 2026-08-13 | — | |
| condos | 3 | 4 | 1,556 | $4,500 | 2026-07-30 | — | |
| apartment | 3 | 5 | 2,070 | $6,500 | 2026-01-18 | — | |
| apartment | 3 | 2 | 1,394 | $3,644 | — | — | |
| apartment | 3 | 2 | 1,380 | $3,607 | — | — | |
| apartment | 3 | 2 | 1,380 | $3,526 | — | — | |
| condos | 3 | 3 | 1,429 | $3,600 | — | — | |
| apartment | 3 | 3 | 1,405 | $4,219 | — | — | |
| condos | 3 | 4 | 1,556 | $4,500 | — | — | |
| condos | 3 | 3 | 1,534 | $4,000 | — | — | |
| apartment | 3 | 2 | 1,435 | $3,645 | — | — | |
| apartment | 3 | 2 | 1,706 | $3,769 | — | — | |
| apartment | 3 | 2 | 1,582 | $4,053 | — | — |
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 |
|---|---|---|---|---|---|---|
| 5963283010 | condos | 3 | 3 | 1,335 | $412,000 | 2026-08-31 |
| 7210 NW 114th Ave Unit 10615 | condos | 3 | 2 | 1,109 | $385,000 | 2026-08-28 |
| 11102 NW 83rd St Apt 108 | condos | 3 | 2 | 1,312 | $380,000 | 2026-08-27 |
| 5701 NW 114th Ct Apt 104 | condos | 3 | 3 | 1,420 | $447,000 | 2026-08-26 |
| 7751 NW 107th Ave Apt 701 | condos | 3 | — | 1,343 | $485,000 | 2026-08-19 |
| 11601 NW 89th St Apt 202 | condos | 3 | 3 | 1,280 | $390,000 | 2026-07-31 |
| 6401 NW 103rd Pl Apt 106 | condos | 3 | 3 | 1,315 | $508,000 | 2026-07-31 |
| 10730 NW 66th St Apt 502 | condos | 3 | 2 | 1,700 | $489,000 | 2026-07-17 |
| 11437 NW 62nd Ter Apt 232 | condos | 3 | 3 | 1,350 | $400,000 | 2026-07-07 |
| 10455 NW 82nd St Unit 33 | condos | 3 | 2 | 1,345 | $405,000 | 2026-06-18 |
| 6320 NW 114th Ave Apt 1224 | condos | 3 | 2 | 1,282 | $380,000 | 2026-06-16 |
| 7220 NW 114th Ave Apt 209 | condos | 3 | 2 | 1,109 | $370,000 | 2026-06-12 |
| 10710 NW 66th St Apt 402 | condos | 3 | 2 | 1,710 | $465,000 | 2026-06-10 |
| 6420 NW 102nd Path Apt 303 | condos | 3 | 2 | 1,102 | $415,000 | 2026-06-08 |
| 11503 NW 89th St Apt 206 | condos | 3 | 3 | 1,500 | $410,000 | 2026-06-05 |
| 5775 NW 109th Ave Apt 13 | condos | 3 | 2 | 1,290 | $340,430 | 2026-06-04 |
| 5300 NW 87th Ave Unit 1112 | condos | 3 | 4 | 2,070 | $185,000 | 2026-05-29 |
| 5725 NW 114th Path Apt 106 | condos | 3 | 3 | 1,420 | $450,000 | 2026-05-28 |
| 3842 Alcantara Ave Unit 71D | condos | 3 | 3 | 2,070 | $690,000 | 2026-05-22 |
| 8900 NW 97th Ave Apt 206 | condos | 3 | 3 | 1,364 | $415,000 | 2026-05-21 |
| 5785 NW 116th Ave Apt 106 | condos | 3 | 3 | 1,420 | $410,000 | 2026-05-19 |
| 5755 NW 109th Ave Apt 21 | condos | 3 | 2 | 1,330 | $378,000 | 2026-05-04 |
| 9725 NW 52nd St Apt 415 | condos | 3 | 2 | 1,460 | $400,000 | 2026-05-04 |
| 10710 NW 66th St Apt 114 | condos | 3 | 2 | 1,950 | $590,000 | 2026-05-01 |
| 5795 NW 109th Ave Apt 3 | condos | 3 | 2 | 1,170 | $394,000 | 2026-04-23 |
| 10270 NW 66th St Apt 303 | condos | 3 | 2 | 1,102 | $420,000 | 2026-04-02 |
| 10720 NW 66th St Apt 112 | condos | 3 | 2 | 1,710 | $500,000 | 2026-03-30 |
| 6440 NW 114th Ave Unit 424 | condos | 3 | 2 | 1,271 | $410,000 | 2026-03-26 |
| 10800 NW 88th Ter Unit 214 | condos | 3 | 3 | 1,256 | $410,000 | 2026-03-20 |
| 10431 NW 82nd St Unit 1 | condos | 3 | 3 | 1,429 | $520,000 | 2026-03-19 |
| 9725 NW 52nd St Apt 215 | condos | 3 | 2 | 1,460 | $420,000 | 2026-03-18 |
| 8800 NW 97th Ave Apt 211 | condos | 3 | 3 | 1,335 | $415,000 | 2026-03-10 |
| 7905 NW 104th Ave Apt 24 | condos | 3 | 2 | 1,236 | $425,000 | 2026-03-03 |
| 7661 NW 107th Ave Apt 514 | condos | 3 | 4 | 1,556 | $545,000 | 2026-02-27 |
| 8800 NW 97th Ave Apt 206 | condos | 3 | 3 | 1,364 | $410,000 | 2026-02-20 |
| 7825 NW 107th Ave Apt 604 | condos | 3 | 3 | 1,684 | $615,000 | 2026-02-17 |
| 10730 NW 66th St Apt 512 | condos | 3 | 2 | 1,700 | $450,000 | 2026-02-11 |
| 4680 NW 102nd Ave Unit 202-20 | condos | 3 | 2 | 1,060 | $335,000 | 2026-02-09 |
| 10730 NW 66th St Apt 203 | condos | 3 | 2 | 1,700 | $452,500 | 2026-02-06 |
| 9805 NW 52nd St Apt 102 | condos | 3 | 2 | 1,430 | $400,000 | 2026-01-30 |
| 7661 NW 107th Ave Apt 614 | condos | 3 | 4 | 1,556 | $545,000 | 2026-01-29 |
| 10770 NW 66th St Apt 301 | condos | 3 | 2 | 1,950 | $490,000 | 2026-01-12 |
| 8760 NW 97th Ave Apt 203 | condos | 3 | 3 | 1,335 | $420,000 | 2025-12-23 |
| 9957 Costa Del Sol Blvd Unit I108 | condos | 3 | 2 | 1,524 | $590,000 | 2025-12-23 |
| 6135638636 | condos | 3 | 2 | 1,351 | $520,000 | 2025-12-19 |
| 6630 NW 114th Ave Apt 1534 | condos | 3 | 2 | 1,464 | $420,000 | 2025-12-18 |
| 4990 NW 102nd Ave Unit 201-2 | condos | 3 | 2 | 1,239 | $365,000 | 2025-12-08 |
| 8833 NW 107th Ct Unit 202 | condos | 3 | 3 | 1,284 | $420,000 | 2025-12-08 |
| 10878 NW 51st Ln | condos | 3 | 3 | 2,210 | $760,000 | 2025-12-04 |
| 6670 NW 114th Ave Apt 638 | condos | 3 | 2 | 1,464 | $387,000 | 2025-12-02 |
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 |
|---|---|---|---|---|---|---|
| 7187 NW 103 Path Unit 7187 | townhomes | 3 | 3 | 1,816 | $735,000 | — |
| 10260 NW 63rd Ter Apt 213 | townhomes | 3 | 3 | 1,547 | $565,000 | — |
| 10300 NW 66th St | single_family | 3 | 3 | 1,315 | $525,000 | — |
| 5758 NW 97th Pl | single_family | 3 | 2 | 1,219 | $650,000 | — |
| 5640 NW 115th Ct Apt 211 | townhomes | 3 | 3 | 1,370 | $395,000 | — |
| townhomes | 3 | 4 | 2,065 | $815,000 | — | |
| 10720 NW 66th St Apt 202 | condos | 3 | 2 | 1,710 | $459,000 | — |
| townhomes | 3 | 3 | 1,701 | $598,500 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $190,550 | -$8,076 | -$21,629 | $146,395 | $44,155 |
| 2 | $196,267 | -$8,081 | -$21,687 | $144,680 | $51,586 |
| 3 | $202,155 | -$8,080 | -$21,741 | $142,848 | $59,307 |
| 4 | $208,219 | -$8,073 | -$21,791 | $140,889 | $67,330 |
| 5 | $214,466 | -$8,059 | -$21,835 | $138,796 | $75,669 |
| 6 | $220,900 | -$8,039 | -$21,874 | $136,560 | $84,340 |
| 7 | $227,527 | -$8,012 | -$21,907 | $134,169 | $93,357 |
| 8 | $234,352 | -$7,977 | -$21,934 | $131,615 | $102,738 |
| 9 | $241,383 | -$7,935 | -$21,955 | $128,885 | $112,498 |
| 10 | $248,625 | -$7,883 | -$21,969 | $125,968 | $122,657 |