| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $24,500,000 |
| Down payment (20.0%) | $4,900,000 |
| Loan amount | $19,600,000 |
| Closing costs (5.0%) | $1,225,000 |
| Total cash to close | $6,125,000 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $3,793$45,518 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,490$41,876 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $38,792$465,500 |
| Insurance (est. scaled by flood & wind risk) | $26,133$313,600 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $190$2,276 |
| Total operating expenses | $65,115$781,376 |
| 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) | $190$2,276 |
| 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.
No active rental listings cached yet for this bedroom count.
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 3794 Irvington Ave | single_family | 4 | 2 | 1,796 | $2,085,000 | 2026-08-27 |
| 2000 SW 25th St | single_family | 4 | 4 | 1,908 | $1,080,000 | 2026-08-26 |
| 1630 S Bayshore Dr | single_family | 2 | 2 | 1,248 | $2,350,000 | 2026-08-25 |
| 3577 Charles Ave | single_family | 3 | 1 | 1,120 | $1,070,000 | 2026-08-24 |
| 3200 Thomas Ave | single_family | 4 | 4 | 3,268 | $3,440,000 | 2026-08-21 |
| 3253 McDonald St | single_family | 3 | 4 | 2,593 | $2,350,000 | 2026-08-21 |
| 3185 Washington St | single_family | 4 | 4 | 3,205 | $3,500,000 | 2026-08-21 |
| 2490 Abaco Ave | single_family | 2 | 1 | 1,059 | $2,000,000 | 2026-08-19 |
| 3233 Crystal Ct | single_family | 3 | 2 | 1,877 | $2,260,000 | 2026-08-19 |
| 2496 Abaco Ave | single_family | 6 | 5 | 3,417 | $2,699,999 | 2026-08-19 |
| 2980 Bird Ave | single_family | 1 | 1 | 1,064 | $2,100,000 | 2026-08-18 |
| 1621 Nocatee Dr | single_family | 3 | 3 | 2,567 | $2,850,000 | 2026-08-18 |
| 3522 William Ave | single_family | 2 | 3 | — | $1,650,000 | 2026-08-14 |
| 6970 Sunrise Dr | single_family | 6 | 7 | 6,460 | $13,000,000 | 2026-08-13 |
| 2792 SW 22nd Ave | single_family | 3 | 3 | 1,575 | $1,250,000 | 2026-08-12 |
| 1880 S Bayshore Dr | single_family | 5 | 5 | 4,442 | $3,100,000 | 2026-08-11 |
| 3520 Saint Gaudens Ct | single_family | 3 | 4 | 2,518 | $3,850,000 | 2026-08-07 |
| 4090 Barbarossa Ave | single_family | 4 | 4 | 3,491 | $4,450,000 | 2026-08-05 |
| 4095 Hardie Ave | single_family | 5 | 7 | 3,736 | $5,000,000 | 2026-08-05 |
| 30 Samana Dr | single_family | 5 | 7 | 4,964 | $7,525,000 | 2026-08-04 |
| 2636 SW 29th Ct | single_family | 3 | 2 | — | $600,000 | 2026-08-03 |
| 1815 Fairhaven Pl | single_family | 4 | 4 | 3,665 | $6,550,000 | 2026-07-30 |
| 1650 Micanopy Ave | single_family | 10 | 4 | 7,456 | $9,250,000 | 2026-07-30 |
| 79 W Shore Dr | single_family | 4 | 5 | 3,718 | $3,600,000 | 2026-07-30 |
| 3400 William Ave | single_family | 3 | 1 | 840 | $800,000 | 2026-07-29 |
| 2400 Overbrook St | single_family | — | — | — | $8,100,000 | 2026-07-28 |
| 2521 Lincoln Ave | single_family | 5 | 6 | — | $6,000,000 | 2026-07-28 |
| 2241 SW 25th Ter | single_family | 3 | 2 | 1,905 | $1,020,000 | 2026-07-27 |
| 140 Morningside Dr | single_family | 2 | 2 | 1,548 | $1,650,000 | 2026-07-27 |
| 4040 Kiaora St | single_family | 6 | 8 | 8,833 | $22,500,000 | 2026-07-27 |
| 3544 William Ave | single_family | 2 | 1 | 753 | $1,125,000 | 2026-07-24 |
| 3554 William Ave | single_family | 3 | 1 | 1,043 | $1,125,000 | 2026-07-24 |
| 3101 SW 25th Ter | single_family | 3 | 2 | 1,348 | $880,000 | 2026-07-22 |
| 2841 Emathla St | single_family | 4 | 4 | 3,243 | $7,250,000 | 2026-07-20 |
| 1745 S Bayshore Ln | single_family | 2 | 2 | 1,595 | $2,000,000 | 2026-07-17 |
| 3554 SW 26th St | single_family | 2 | 1 | 1,215 | $700,000 | 2026-07-17 |
| 2260 SW 25th St | single_family | 2 | 1 | 2,017 | $855,000 | 2026-07-14 |
| 1701 Wa Kee Na Dr | single_family | 3 | 2 | 1,716 | $2,150,000 | 2026-07-14 |
| 4002 Kumquat Ave | single_family | 3 | 3 | 2,041 | $1,885,000 | 2026-07-13 |
| 4190 Ingraham Hwy | single_family | 4 | 3 | 4,622 | $6,550,000 | 2026-07-10 |
| 215 S Shore Dr | single_family | 6 | 6 | 4,626 | $6,500,000 | 2026-07-10 |
| 259 E Shore Dr | single_family | 4 | 4 | 2,772 | $2,990,000 | 2026-07-06 |
| 3312 Frow Ave | single_family | 3 | 2 | 1,117 | $1,250,000 | 2026-07-02 |
| 1616 S Bayshore Dr | single_family | 4 | 5 | 3,279 | $2,850,000 | 2026-07-02 |
| 2345 Overbrook St | single_family | 2 | 1 | 1,200 | $1,550,000 | 2026-07-02 |
| 2665 SW 17th Ave | single_family | 2 | 2 | 1,405 | $1,385,000 | 2026-06-30 |
| 2135 SW 26th St | single_family | 2 | 1 | 956 | $771,370 | 2026-06-30 |
| 1779 Tigertail Ave | single_family | 3 | 2 | 2,320 | $3,075,000 | 2026-06-26 |
| 142 San Souci Dr | single_family | 4 | 5 | 4,442 | $4,250,000 | 2026-06-26 |
| 3535 W Glencoe St | single_family | 3 | 1 | 1,555 | $1,650,000 | 2026-06-22 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 1313 SW 24th Ave | single_family | 9 | 6 | 5,008 | $1,500,000 | — |
| 2378 NW 60th St | multi_family | 9 | 4 | 2,446 | $880,000 | — |
| 101 NW 68th Ter | multi_family | 9 | 4 | 2,184 | $1,050,000 | — |
| 9401 SW 97th Ave | single_family | 9 | 4 | 4,218 | $1,800,000 | — |
| 1736 SW 9th St | multi_family | 9 | 4 | 3,849 | $1,795,000 | — |
| 1975 NW 24th Ct | multi_family | 9 | 5 | 3,163 | $1,400,000 | — |
| 27 NE 60th Ter | multi_family | 9 | 4 | 2,804 | $1,400,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $25,235,000 | -$739,500 | -$2,253,234 | $19,387,492 | $5,847,508 |
| 2 | $25,992,050 | -$757,778 | -$2,271,569 | $19,160,392 | $6,831,658 |
| 3 | $26,771,812 | -$776,507 | -$2,290,356 | $18,917,696 | $7,854,116 |
| 4 | $27,574,966 | -$795,697 | -$2,309,606 | $18,658,334 | $8,916,632 |
| 5 | $28,402,215 | -$815,361 | -$2,329,331 | $18,381,161 | $10,021,054 |
| 6 | $29,254,281 | -$835,509 | -$2,349,543 | $18,084,954 | $11,169,327 |
| 7 | $30,131,910 | -$856,154 | -$2,370,252 | $17,768,407 | $12,363,503 |
| 8 | $31,035,867 | -$877,308 | -$2,391,472 | $17,430,122 | $13,605,745 |
| 9 | $31,966,943 | -$898,983 | -$2,413,215 | $17,068,607 | $14,898,336 |
| 10 | $32,925,951 | -$921,192 | -$2,435,493 | $16,682,266 | $16,243,686 |