| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $980,000 |
| Down payment (20.0%) | $196,000 |
| Loan amount | $784,000 |
| Closing costs (5.0%) | $49,000 |
| Total cash to close | $245,000 |
| Income | |
| Rent (comp-derived) | $4,300$51,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,956$47,472 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,552$18,620 |
| Insurance (est. scaled by flood & wind risk) | $1,045$12,544 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $215$2,580 |
| Total operating expenses | $2,812$33,744 |
| 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) | $215$2,580 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 3 | 2,592 | $3,800 | 2026-07-07 | — | |
| single_family | 4 | 3 | 2,300 | $4,000 | 2026-05-04 | — | |
| single_family | 4 | 4 | 2,648 | $4,600 | 2026-08-09 | — | |
| single_family | 4 | 2 | 1,968 | $6,650 | 2026-06-01 | — | |
| single_family | 4 | 3 | 2,412 | $4,300 | 2026-09-01 | — |
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 |
|---|---|---|---|---|---|---|
| 17200 SW 264th St | single_family | 4 | 3 | 2,862 | $1,230,000 | 2026-08-31 |
| 25900 SW 177th Ave | single_family | 4 | 1 | 1,550 | $867,000 | 2026-08-27 |
| 27305 SW 162nd Ct | single_family | 4 | 2 | 1,765 | $589,000 | 2026-08-24 |
| 23525 SW 217th Ave | single_family | 4 | 3 | 3,377 | $1,370,000 | 2026-07-24 |
| 19820 SW 244th St | single_family | 4 | 2 | 2,385 | $1,650,000 | 2026-07-10 |
| 16380 SW 278th St | single_family | 4 | 3 | 1,815 | $655,000 | 2026-06-22 |
| 16340 SW 276th Ter | single_family | 4 | 3 | 2,170 | $680,000 | 2026-06-22 |
| 27260 SW 167th Ct | single_family | 4 | 3 | 2,347 | $860,000 | 2026-06-05 |
| 27825 SW 168th Ct | single_family | 4 | 3 | 3,074 | $1,100,000 | 2026-05-29 |
| 17150 SW 274th St | single_family | 4 | 4 | 3,408 | $1,175,000 | 2026-05-29 |
| 19800 SW 280th St | single_family | 4 | 2 | — | $1,100,000 | 2026-05-26 |
| 27376 SW 159th Pl | single_family | 4 | 3 | 2,654 | $751,800 | 2026-05-19 |
| 20805 SW 242nd St | single_family | 4 | 3 | 3,275 | $1,180,000 | 2026-05-01 |
| 27232 SW 159th Path | single_family | 4 | 3 | 2,654 | $750,000 | 2026-04-28 |
| 27000 SW 187th Ave | single_family | 4 | 2 | 3,320 | $950,000 | 2026-04-27 |
| 16930 SW 266th Ter | single_family | 4 | 5 | 4,014 | $1,475,000 | 2026-04-22 |
| 19285 SW 272nd St | single_family | 4 | 3 | — | $1,475,000 | 2026-04-17 |
| 27661 SW 162nd Ct | single_family | 4 | 2 | 1,431 | $610,000 | 2026-04-14 |
| 27520 SW 164th Ct | single_family | 4 | 4 | 2,887 | $725,000 | 2026-04-13 |
| 22220 SW 248th St | single_family | 4 | 4 | 2,344 | $1,600,000 | 2026-04-02 |
| 27309 SW 159th Pl | single_family | 4 | 3 | 2,654 | $726,800 | 2026-04-01 |
| 27800 SW 159th Ave | single_family | 4 | 3 | 2,272 | $680,000 | 2026-03-31 |
| 27410 SW 172nd Ave | single_family | 4 | 4 | 2,821 | $1,250,000 | 2026-03-17 |
| 27442 SW 161st Ct | single_family | 4 | 3 | 2,412 | $643,000 | 2026-03-13 |
| 16305 SW 276th Ter | single_family | 4 | 3 | 1,690 | $629,900 | 2026-03-10 |
| 27267 SW 159th Pl | single_family | 4 | 3 | 2,654 | $713,100 | 2026-03-03 |
| 15986 SW 277th St | single_family | 4 | 3 | 2,603 | $850,000 | 2026-02-20 |
| 15700 SW 264th St | single_family | 4 | 2 | 2,400 | $1,175,000 | 2026-02-09 |
| 24301 SW 212th Ave | single_family | 4 | 3 | 2,633 | $1,150,000 | 2026-01-26 |
| 20930 SW 248th St | single_family | 4 | 2 | 1,635 | $1,000,000 | 2026-01-05 |
| 23400 SW 192nd Ave | single_family | 4 | 3 | 3,764 | $2,850,000 | 2026-01-02 |
| 27441 SW 165th Ave | single_family | 4 | 2 | 1,800 | $589,000 | 2025-12-24 |
| 26900 SW 182nd Ave | single_family | 4 | 2 | 4,968 | $3,198,000 | 2025-12-18 |
| 27850 SW 159th Ave | single_family | 4 | 2 | 2,275 | $720,000 | 2025-12-16 |
| 20890 SW 240th St | single_family | 4 | 3 | 2,165 | $1,050,000 | 2025-12-12 |
| 27336 SW 161st Ave | single_family | 4 | 3 | 2,654 | $750,000 | 2025-12-12 |
| 27341 SW 159th Pl | single_family | 4 | 3 | 2,654 | $718,800 | 2025-12-12 |
| 15945 SW 272nd Ter | single_family | 4 | 3 | 2,412 | $678,100 | 2025-12-11 |
| 27340 SW 159th Pl | single_family | 4 | 3 | 2,654 | $713,800 | 2025-12-10 |
| 26715 SW 203rd Ave | single_family | 4 | 4 | 2,841 | $1,350,000 | 2025-12-08 |
| 27304 SW 159th Pl | single_family | 4 | 3 | 2,654 | $777,300 | 2025-12-05 |
| 27372 SW 161st Ave | single_family | 4 | 3 | 2,838 | $688,300 | 2025-11-10 |
| 27569 SW 161st Ave | single_family | 4 | 3 | 2,412 | $636,800 | 2025-11-06 |
| 27514 SW 161st Ave | single_family | 4 | 3 | 2,412 | $634,600 | 2025-11-05 |
| 26605 SW 173rd Ct | single_family | 4 | 2 | 3,042 | $825,000 | 2025-10-30 |
| 15800 SW 258th St | single_family | 4 | 3 | 3,357 | $1,750,000 | 2025-10-17 |
| 20970 SW 264th St | single_family | 4 | 2 | 3,567 | $1,980,000 | 2025-10-14 |
| 18485 SW 267th St | single_family | 4 | 2 | 2,327 | $739,500 | 2025-10-11 |
| 27420 SW 164th Ct | single_family | 4 | 2 | 1,400 | $450,000 | 2025-10-06 |
| 20751 SW 248th St | single_family | 4 | 3 | 2,460 | $950,000 | 2025-09-10 |
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 |
|---|---|---|---|---|---|---|
| 27437 SW 159th Ave | single_family | 4 | 3 | — | $745,990 | — |
| 27369 SW 159th Ave | single_family | 4 | 4 | 2,648 | $814,990 | — |
| 27411 SW 161 Ct | single_family | 4 | 3 | 2,403 | $745,990 | — |
| 27411 SW 161 Ct | single_family | 4 | 3 | 2,648 | $789,990 | — |
| 27409 SW 159th Ave | single_family | 4 | 4 | — | $814,990 | — |
| 16880 SW 278th St | single_family | 4 | 2 | 2,135 | $790,000 | — |
| 19345 SW 240th St | single_family | 4 | 4 | 2,611 | $2,799,000 | — |
| 24545 SW 192nd Ave | single_family | 4 | 4 | 3,294 | $1,499,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,009,400 | $13,728 | -$49,310 | $775,500 | $233,900 |
| 2 | $1,039,682 | $14,309 | -$48,794 | $766,416 | $273,266 |
| 3 | $1,070,872 | $14,911 | -$48,258 | $756,708 | $314,165 |
| 4 | $1,102,999 | $15,535 | -$47,701 | $746,333 | $356,666 |
| 5 | $1,136,089 | $16,183 | -$47,123 | $735,246 | $400,843 |
| 6 | $1,170,171 | $16,855 | -$46,523 | $723,398 | $446,774 |
| 7 | $1,205,276 | $17,551 | -$45,899 | $710,736 | $494,541 |
| 8 | $1,241,435 | $18,274 | -$45,252 | $697,204 | $544,230 |
| 9 | $1,278,678 | $19,022 | -$44,580 | $682,744 | $595,934 |
| 10 | $1,317,038 | $19,799 | -$43,882 | $667,290 | $649,748 |