| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $535,000 |
| Down payment (20.0%) | $107,000 |
| Loan amount | $428,000 |
| Closing costs (5.0%) | $26,750 |
| Total cash to close | $133,750 |
| Income | |
| Rent (comp-derived) | $3,000$36,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,760$33,120 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $847$10,165 |
| Insurance (est. scaled by flood & wind risk) | $535$6,420 |
| HOA dues | $105$1,260 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $150$1,800 |
| Total operating expenses | $1,637$19,645 |
| 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) | $150$1,800 |
| 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 | 3 | 2 | 1,315 | $2,900 | 2026-08-17 | — | |
| townhomes | 3 | 3 | 1,478 | $3,150 | 2026-08-17 | — | |
| townhomes | 3 | 3 | 1,740 | $3,000 | 2026-08-05 | — | |
| townhomes | 3 | 3 | 1,740 | $3,200 | 2026-08-05 | — | |
| townhomes | 3 | 3 | 1,506 | $2,850 | 2026-07-27 | — | |
| townhomes | 3 | 3 | 1,740 | $3,100 | 2026-07-25 | — | |
| townhomes | 3 | 3 | 1,506 | $2,900 | 2026-07-23 | — | |
| townhomes | 3 | 3 | 1,492 | $2,995 | 2026-07-15 | — | |
| townhomes | 3 | 3 | 1,740 | $2,850 | 2026-07-08 | — | |
| townhomes | 3 | 3 | 1,678 | $3,100 | 2026-06-30 | — | |
| townhomes | 3 | 3 | 1,440 | $3,400 | 2026-06-24 | — | |
| townhomes | 3 | 2 | 1,234 | $3,000 | 2026-06-18 | — | |
| townhomes | 3 | 3 | 1,490 | $3,350 | 2026-06-10 | — | |
| townhomes | 3 | 3 | 1,635 | $3,000 | 2026-05-10 | — | |
| townhomes | 3 | 2 | 1,234 | $3,200 | 2026-08-03 | — | |
| townhomes | 3 | 3 | 1,661 | $3,000 | 2026-08-25 | — | |
| townhomes | 3 | 3 | 1,481 | $2,700 | 2026-08-22 | — | |
| townhomes | 3 | 3 | 1,678 | $2,900 | — | — | |
| townhomes | 3 | 3 | 1,701 | $3,600 | 2026-08-28 | — | |
| townhomes | 3 | 3 | 1,506 | $3,500 | 2026-08-28 | — | |
| townhomes | 3 | 2 | 1,234 | $3,150 | 2026-08-28 | — |
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 |
|---|---|---|---|---|---|---|
| 10210 SW 154th Pl Unit 110-8 | townhomes | 3 | 3 | 1,680 | $425,000 | 2026-08-17 |
| 15436 SW 119th Ter | townhomes | 3 | 2 | 1,507 | $535,000 | 2026-08-14 |
| 11981 SW 150th Pl | townhomes | 3 | 2 | 1,701 | $525,000 | 2026-08-07 |
| 16266 SW 103rd Ter | townhomes | 3 | 3 | 1,957 | $520,000 | 2026-07-31 |
| 10525 SW 153rd Ct Apt 4 | townhomes | 3 | 2 | 1,289 | $405,000 | 2026-07-20 |
| 11159 SW 154th Pl | townhomes | 3 | 3 | 1,386 | $459,900 | 2026-07-15 |
| 15297 SW 119th Ter Unit 15297 | townhomes | 3 | 3 | 1,368 | $490,000 | 2026-07-08 |
| 11859 SW 154th Ave | townhomes | 3 | 2 | 1,838 | $550,000 | 2026-06-29 |
| 15365 SW 104th Ter Apt 1 | townhomes | 3 | 3 | 1,218 | $389,000 | 2026-06-23 |
| 14944 SW 88th Ter | townhomes | 3 | 2 | 1,200 | $470,000 | 2026-06-12 |
| 16515 SW 97th St | townhomes | 3 | 2 | 1,489 | $550,000 | 2026-06-08 |
| 17038 SW 95th Ter | townhomes | 3 | 3 | 1,740 | $515,000 | 2026-06-05 |
| 15328 SW 111th St | townhomes | 3 | 2 | 1,638 | $455,000 | 2026-05-11 |
| 15049 SW 119th Ln | townhomes | 3 | 3 | 1,701 | $520,000 | 2026-05-08 |
| 14927 SW 89th St | townhomes | 3 | 2 | 1,378 | $450,000 | 2026-05-07 |
| 10116 SW 162nd Pl | townhomes | 3 | 2 | 1,315 | $468,000 | 2026-04-29 |
| 15736 SW 136th Way | townhomes | 3 | 4 | 1,824 | $570,000 | 2026-04-15 |
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.
| Address | Type | Beds | Baths | Sqft | Asking price | Days on market |
|---|---|---|---|---|---|---|
| 10330 SW 154th Cir Ct Apt 51 | condos | 3 | 3 | 1,450 | $419,500 | — |
| 15046 SW 148th Pl | single_family | 3 | 3 | 1,831 | $799,900 | — |
| 15316 SW 111th St | single_family | 3 | 3 | 1,638 | $524,900 | — |
| 10880 SW 149th Pl | single_family | 3 | 3 | 1,828 | $664,900 | — |
| 9872 Hammocks Blvd Unit 105-51 | townhomes | 3 | 3 | 1,364 | $375,000 | — |
| 9352 SW 166th Ct | single_family | 3 | 3 | 2,319 | $750,000 | — |
| 9716 Hammocks Blvd Apt 101 | condos | 3 | 2 | 993 | $355,000 | — |
| 9232 SW 171st Ct | single_family | 3 | 2 | 2,120 | $720,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $551,050 | $13,475 | -$21,330 | $423,360 | $127,690 |
| 2 | $567,582 | $13,977 | -$20,873 | $418,400 | $149,181 |
| 3 | $584,609 | $14,497 | -$20,399 | $413,101 | $171,508 |
| 4 | $602,147 | $15,036 | -$19,908 | $407,437 | $194,710 |
| 5 | $620,212 | $15,592 | -$19,400 | $401,385 | $218,827 |
| 6 | $638,818 | $16,169 | -$18,873 | $394,917 | $243,901 |
| 7 | $657,983 | $16,765 | -$18,328 | $388,004 | $269,978 |
| 8 | $677,722 | $17,382 | -$17,763 | $380,617 | $297,105 |
| 9 | $698,054 | $18,020 | -$17,179 | $372,723 | $325,331 |
| 10 | $718,995 | $18,680 | -$16,573 | $364,287 | $354,708 |