| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $3,599,900 |
| Down payment (20.0%) | $719,980 |
| Loan amount | $2,879,920 |
| Closing costs (5.0%) | $179,995 |
| Total cash to close | $899,975 |
| Income | |
| Rent (comp-derived) | $18,000$216,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $16,560$198,720 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $5,700$68,398 |
| Insurance (placeholder 0.8% of price) | $2,400$28,799 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $900$10,800 |
| Total operating expenses | $9,000$107,997 |
| 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) | $900$10,800 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 6 | 4,212 | $11,000 | 2026-08-19 | — | |
| single_family | 5 | 3 | 3,050 | $5,999 | 2026-08-18 | — | |
| single_family | 5 | 7 | 4,036 | $13,000 | 2026-07-20 | — | |
| single_family | 5 | 5 | 3,836 | $26,000 | 2025-11-03 | — | |
| single_family | 5 | 5 | 3,514 | $16,900 | 2026-03-06 | — | |
| single_family | 5 | 5 | 3,658 | $18,000 | 2026-04-13 | — | |
| single_family | 5 | 7 | 5,783 | $35,000 | 2026-03-31 | — | |
| single_family | 5 | 5 | 4,838 | $25,880 | 2026-07-02 | — | |
| single_family | 5 | 5 | 4,374 | $20,000 | 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 |
|---|---|---|---|---|---|---|
| 12801 SW 61st Ave | single_family | 5 | 5 | 5,802 | $4,550,000 | 2026-08-24 |
| 600 Conde Ave | single_family | 5 | 5 | 4,512 | $4,000,000 | 2026-08-18 |
| 5770 SW 100th St | single_family | 5 | 6 | 6,447 | $4,750,000 | 2026-08-17 |
| 7200 SW 107th Ter | single_family | 5 | 6 | 3,450 | $2,990,000 | 2026-08-17 |
| 12624 SW 77th Ave | single_family | 5 | 4 | 4,014 | $3,200,000 | 2026-08-13 |
| 13300 SW 69th Ave | single_family | 5 | 5 | 4,731 | $2,900,000 | 2026-08-10 |
| 11600 SW 77th Ave | single_family | 5 | 7 | 4,673 | $4,700,000 | 2026-08-07 |
| 10330 SW 71st Ave | single_family | 5 | 3 | 2,789 | $2,275,000 | 2026-08-03 |
| 12801 Old Cutler Rd | single_family | 5 | 6 | 4,906 | $4,110,000 | 2026-08-03 |
| 7175 SW 117th Ter | single_family | 5 | 4 | 3,448 | $2,155,000 | 2026-07-27 |
| 5340 Banyan Dr | single_family | 5 | 5 | 5,690 | $7,281,500 | 2026-07-22 |
| 12070 SW 83rd Pl | single_family | 5 | 5 | 4,212 | $2,270,000 | 2026-07-21 |
| 7440 SW 106th St | single_family | 5 | 3 | 3,748 | $3,250,000 | 2026-07-21 |
| 8620 SW 112th St | single_family | 5 | 5 | 3,993 | $2,700,000 | 2026-07-09 |
| 13060 SW 70th Ave | single_family | 5 | 3 | 3,203 | $2,100,000 | 2026-07-06 |
| 6700 SW 117th St | single_family | 5 | 4 | 3,956 | $3,150,000 | 2026-06-30 |
| 6801 SW 126th Ter | single_family | 5 | 5 | 4,732 | $2,757,200 | 2026-06-30 |
| 13020 SW 70th Ave | single_family | 5 | 4 | 4,001 | $1,850,000 | 2026-06-29 |
| 7830 SW 120th St | single_family | 5 | 4 | 4,119 | $2,950,000 | 2026-06-26 |
| 10235 SW 58th Ct | single_family | 5 | 3 | 3,004 | $2,560,000 | 2026-06-22 |
| 8479 SW 122nd St | single_family | 5 | 4 | 3,674 | $2,350,000 | 2026-06-17 |
| 7455 SW 125th St | single_family | 5 | 4 | 3,039 | $2,100,000 | 2026-06-15 |
| 7751 Palmetto Ct | single_family | 5 | 5 | 3,298 | $2,575,000 | 2026-06-10 |
| 1511 Agua Ave | single_family | 5 | 4 | 3,723 | $2,635,000 | 2026-05-29 |
| 6125 SW 109th St | single_family | 5 | 5 | 4,161 | $3,400,000 | 2026-05-26 |
| 7280 SW 100th St | single_family | 5 | 6 | 4,801 | $3,500,000 | 2026-05-21 |
| 6505 SW 133rd Dr | single_family | 5 | 3 | 3,061 | $2,000,000 | 2026-05-20 |
| 13150 SW 69th Ave | single_family | 5 | 4 | 5,343 | $3,150,000 | 2026-05-18 |
| 325 Campana Ave | single_family | 5 | 4 | 6,779 | $5,100,000 | 2026-05-14 |
| 10125 SW 60th Ave | single_family | 5 | 3 | 3,449 | $3,000,000 | 2026-05-14 |
| 5820 SW 97th St | single_family | 5 | 4 | 4,084 | $6,625,000 | 2026-05-14 |
| 9370 Balada St | single_family | 5 | 4 | 3,997 | $10,250,000 | 2026-05-13 |
| 665 Leucadendra Dr | single_family | 5 | 8 | 7,698 | $24,250,000 | 2026-05-05 |
| 5400 Banyan Trl | single_family | 5 | 5 | 6,831 | $7,475,000 | 2026-05-04 |
| 11120 Killian Park Rd | single_family | 5 | 5 | 6,307 | $4,850,000 | 2026-05-04 |
| 8535 SW 113th Ter | single_family | 5 | 4 | 3,645 | $1,980,000 | 2026-04-30 |
| 11001 SW 75th Ct | single_family | 5 | 6 | 5,783 | $4,125,000 | 2026-04-29 |
| 641 Reinante Ave | single_family | 5 | 6 | 3,360 | $15,600,000 | 2026-04-17 |
| 6755 SW 99th Ter | single_family | 5 | 5 | 4,598 | $3,800,000 | 2026-04-17 |
| 12685 SW 81st Ave | single_family | 5 | 3 | 3,251 | $2,170,000 | 2026-04-10 |
| 7681 SW 107th St | single_family | 5 | 4 | 3,514 | $3,185,000 | 2026-04-09 |
| 13502 SW 57th Ct | single_family | 5 | 3 | 3,099 | $2,200,000 | 2026-04-06 |
| 7250 SW 99th St | single_family | 5 | 5 | 4,031 | $2,735,000 | 2026-03-27 |
| 7340 SW 123rd Ter | single_family | 5 | 3 | 2,349 | $1,600,000 | 2026-03-17 |
| 11133 SW 85th Ct | single_family | 5 | 5 | 4,067 | $2,037,500 | 2026-03-13 |
| 13407 SW 59th Ave | single_family | 5 | 4 | 3,280 | $2,325,000 | 2026-03-09 |
| 5846 SW 108th St | single_family | 5 | 4 | 3,812 | $3,000,000 | 2026-03-05 |
| 8363 SW 98th St | single_family | 5 | 6 | 4,093 | $1,960,000 | 2026-03-03 |
| 7125 SW 120th St | single_family | 5 | 2 | 2,482 | $1,800,500 | 2026-02-27 |
| 13000 SW 69th Ct | single_family | 5 | 4 | 2,961 | $2,400,000 | 2026-02-20 |
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 |
|---|---|---|---|---|---|---|
| 7840 SW 98th St | single_family | 5 | 7 | 4,618 | $4,650,000 | — |
| 8345 SW 90th St | single_family | 5 | 3 | 3,460 | $1,745,000 | — |
| 12021 SW 82nd Pl | single_family | 5 | 4 | 3,686 | $1,980,000 | — |
| 10825 SW 80th Ave | single_family | 5 | 3 | 3,650 | $2,350,000 | — |
| 8695 SW 110th St | single_family | 5 | 3 | 2,551 | $1,635,000 | — |
| 8339 SW 112th St | single_family | 5 | 3 | 2,628 | $2,300,000 | — |
| 4901 Hammock Park Dr | single_family | 5 | 6 | 5,317 | $10,950,000 | — |
| 8045 SW 128th St | single_family | 5 | 6 | 1,781 | $1,650,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $3,707,897 | $90,723 | -$142,163 | $2,848,695 | $859,202 |
| 2 | $3,819,134 | $93,984 | -$139,171 | $2,815,326 | $1,003,808 |
| 3 | $3,933,708 | $97,357 | -$136,075 | $2,779,666 | $1,154,042 |
| 4 | $4,051,719 | $100,845 | -$132,871 | $2,741,557 | $1,310,163 |
| 5 | $4,173,271 | $104,452 | -$129,555 | $2,700,830 | $1,472,440 |
| 6 | $4,298,469 | $108,182 | -$126,123 | $2,657,307 | $1,641,161 |
| 7 | $4,427,423 | $112,038 | -$122,572 | $2,610,796 | $1,816,627 |
| 8 | $4,560,246 | $116,026 | -$118,898 | $2,561,090 | $1,999,156 |
| 9 | $4,697,053 | $120,148 | -$115,096 | $2,507,971 | $2,189,082 |
| 10 | $4,837,965 | $124,411 | -$111,163 | $2,451,204 | $2,386,761 |