| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $2,500,000 |
| Down payment (20.0%) | $500,000 |
| Loan amount | $2,000,000 |
| Closing costs (5.0%) | $125,000 |
| Total cash to close | $625,000 |
| Income | |
| Rent (comp-derived) | $8,500$102,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $7,820$93,840 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $3,958$47,500 |
| Insurance (est. scaled by flood & wind risk) | $2,500$30,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $425$5,100 |
| Total operating expenses | $6,883$82,600 |
| 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) | $425$5,100 |
| 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 | 2 | 1,634 | $4,950 | 2026-08-07 | — | |
| single_family | 4 | 3 | 1,655 | $5,300 | 2026-07-22 | — | |
| single_family | 4 | 2 | 1,729 | $4,800 | 2026-03-11 | — | |
| single_family | 4 | 3 | 1,900 | $4,995 | 2026-08-11 | — | |
| single_family | 4 | 3 | 3,179 | $14,500 | 2026-08-05 | — | |
| single_family | 4 | 5 | 3,185 | $10,000 | 2026-07-28 | — | |
| single_family | 4 | 4 | 2,238 | $8,500 | 2026-06-03 | — | |
| single_family | 4 | 3 | 2,655 | $8,850 | 2026-07-01 | — | |
| single_family | 4 | 4 | 3,111 | $8,500 | 2026-08-03 | — | |
| single_family | 4 | 4 | 2,700 | $16,700 | 2026-03-23 | — | |
| single_family | 4 | 2 | 2,326 | $6,750 | — | — |
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 |
|---|---|---|---|---|---|---|
| 555 Catalonia Ave | single_family | 4 | 3 | — | $2,800,000 | 2026-08-21 |
| 4361 SW 3rd St | single_family | 4 | 2 | 2,052 | $699,000 | 2026-08-11 |
| 3920 Durango St | single_family | 4 | 2 | 1,794 | $1,300,000 | 2026-08-10 |
| 61 SW 55th Ave | single_family | 4 | 1 | 1,729 | $530,000 | 2026-08-06 |
| 2508 Anderson Rd | single_family | 4 | 2 | 2,316 | $2,500,000 | 2026-07-30 |
| 611 N Greenway Dr | single_family | 4 | 4 | 3,839 | $5,000,000 | 2026-07-27 |
| 5175 SW 5th Ter | single_family | 4 | 1 | 1,562 | $740,000 | 2026-07-24 |
| 14 San Sebastian Ave | single_family | 4 | 3 | 2,411 | $2,150,000 | 2026-07-23 |
| 4027 SW 11th St | single_family | 4 | 3 | 1,748 | $700,000 | 2026-07-13 |
| 722 Navarre Ave | single_family | 4 | 3 | 2,944 | $3,600,000 | 2026-07-13 |
| 748 Palermo Ave | single_family | 4 | 4 | 2,782 | $2,876,000 | 2026-07-08 |
| 311 Navarre Ave | single_family | 4 | 3 | 2,172 | $1,050,000 | 2026-06-26 |
| 918 Santiago St | single_family | 4 | 4 | 2,801 | $2,980,000 | 2026-06-25 |
| 1900 Pizarro St | single_family | 4 | 3 | 2,787 | $2,395,000 | 2026-06-23 |
| 1450 Ortega Ave | single_family | 4 | 4 | 2,829 | $1,850,000 | 2026-06-18 |
| 2010 N Greenway Dr | single_family | 4 | 4 | 3,108 | $3,550,000 | 2026-06-11 |
| 737 Majorca Ave | single_family | 4 | 4 | 2,209 | $1,930,000 | 2026-06-11 |
| 927 Catalonia Ave | single_family | 4 | 3 | 1,737 | $1,350,000 | 2026-06-10 |
| 2415 Indian Mound Trl | single_family | 4 | 3 | 2,363 | $1,715,000 | 2026-06-04 |
| 528 Alcazar Ave | single_family | 4 | 2 | 1,700 | $1,500,000 | 2026-06-03 |
| 1415 Sorolla Ave | single_family | 4 | 3 | 2,346 | $3,025,000 | 2026-06-02 |
| 1411 Columbus Blvd | single_family | 4 | 1 | 1,700 | $1,400,000 | 2026-05-29 |
| 1415 Madrid St | single_family | 4 | 4 | 3,491 | $3,200,000 | 2026-05-27 |
| 1429 Sorolla Ave | single_family | 4 | 3 | 2,823 | $1,580,000 | 2026-05-26 |
| 1207 Columbus Blvd | single_family | 4 | 4 | 2,114 | $2,450,000 | 2026-05-22 |
| 1901 Country Club Prado | single_family | 4 | 4 | 3,076 | $3,300,000 | 2026-05-21 |
| 2115 Country Club Prado | single_family | 4 | 5 | 3,709 | $3,510,000 | 2026-05-18 |
| 911 Mariana Ave | single_family | 4 | 3 | 2,273 | $1,875,000 | 2026-05-06 |
| 1240 Ferdinand St | single_family | 4 | 4 | 2,907 | $2,000,000 | 2026-04-30 |
| 3905 SW 5th St | single_family | 4 | 5 | — | $1,800,000 | 2026-04-29 |
| 1211 Castile Ave | single_family | 4 | 2 | 2,162 | $2,400,000 | 2026-04-28 |
| 1226 Palermo Ave | single_family | 4 | 2 | 2,674 | $2,750,000 | 2026-04-23 |
| 1117 Alberca St | single_family | 4 | 3 | 2,796 | $1,950,000 | 2026-04-01 |
| 4739 SW 5th St | single_family | 4 | 2 | 2,084 | $767,000 | 2026-03-13 |
| 749 Anastasia Ave | single_family | 4 | 3 | 2,429 | $2,900,000 | 2026-03-10 |
| 322 Sarto Ave | single_family | 4 | 4 | 3,294 | $3,874,000 | 2026-03-10 |
| 2607 N Greenway Dr | single_family | 4 | 4 | 3,105 | $2,700,000 | 2026-02-27 |
| 1302 Alhambra Cir | single_family | 4 | 4 | 2,438 | $2,550,000 | 2026-02-26 |
| 832 Wallace St | single_family | 4 | 4 | 2,457 | $1,305,000 | 2026-02-19 |
| 3903 Granada Blvd | single_family | 4 | 3 | 2,336 | $3,175,000 | 2026-02-18 |
| 330 SW 52nd Ave | single_family | 4 | 3 | 1,722 | $625,000 | 2026-02-12 |
| 1341 Sorolla Ave | single_family | 4 | 2 | 2,388 | $2,650,000 | 2026-02-03 |
| 4685 SW 13th Ter | single_family | 4 | 2 | 1,914 | $1,500,000 | 2026-01-27 |
| 447 Giralda Ave | single_family | 4 | 3 | 1,869 | $2,000,000 | 2026-01-22 |
| 1019 Venetia Ave | single_family | 4 | 3 | 2,465 | $2,295,000 | 2026-01-21 |
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 |
|---|---|---|---|---|---|---|
| 4701 SW 7th St | single_family | 4 | 3 | 1,830 | $750,000 | — |
| 4870 SW 6th St | single_family | 4 | 3 | 1,682 | $700,000 | — |
| 3788 SW 27th Ln | multi_family | 4 | 2 | 1,980 | $1,250,000 | — |
| 2893-2895 SW 37th Ct | multi_family | 4 | 3 | 1,935 | $915,000 | — |
| 4450 W Flagler St | multi_family | 4 | 4 | 2,103 | $1,000,000 | — |
| 4251 SW 11th St | single_family | 4 | 4 | 3,736 | $2,990,000 | — |
| 2841 SW 38th Ct Unit B | townhomes | 4 | 4 | 2,671 | $1,950,000 | — |
| 3750 SW 27th St | multi_family | 4 | 2 | 1,690 | $1,174,999 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $2,575,000 | $11,240 | -$148,090 | $1,978,316 | $596,684 |
| 2 | $2,652,250 | $11,990 | -$147,468 | $1,955,142 | $697,108 |
| 3 | $2,731,818 | $12,773 | -$146,815 | $1,930,377 | $801,440 |
| 4 | $2,813,772 | $13,590 | -$146,132 | $1,903,912 | $909,861 |
| 5 | $2,898,185 | $14,443 | -$145,417 | $1,875,629 | $1,022,557 |
| 6 | $2,985,131 | $15,332 | -$144,669 | $1,845,403 | $1,139,727 |
| 7 | $3,074,685 | $16,259 | -$143,886 | $1,813,103 | $1,261,582 |
| 8 | $3,166,925 | $17,226 | -$143,067 | $1,778,584 | $1,388,341 |
| 9 | $3,261,933 | $18,234 | -$142,211 | $1,741,694 | $1,520,239 |
| 10 | $3,359,791 | $19,284 | -$141,316 | $1,702,272 | $1,657,519 |