| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $990,000 |
| Down payment (20.0%) | $198,000 |
| Loan amount | $792,000 |
| Closing costs (5.0%) | $49,500 |
| Total cash to close | $247,500 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,899$34,789 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,667$32,006 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,568$18,810 |
| Insurance (placeholder 0.8% of price) | $660$7,920 |
| HOA dues | $460$5,520 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $145$1,739 |
| Total operating expenses | $2,832$33,989 |
| 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) | $145$1,739 |
| 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 |
|---|---|---|---|---|---|---|
| 5201 NW Geneva Way Unit 103 | condos | 2 | 2 | 1,040 | $295,000 | 2026-08-28 |
| 5350 NW 84th Ave Unit 1604 | condos | 2 | 2 | 1,016 | $562,000 | 2026-08-28 |
| 8205 Lake Dr Unit 204 | condos | 1 | 1 | 810 | $220,000 | 2026-08-25 |
| 8245 Lake Dr Apt 405 | condos | 2 | 2 | 1,197 | $305,000 | 2026-08-24 |
| 5252 NW 85th Ave Apt 511 | condos | 2 | 2 | 1,097 | $518,000 | 2026-08-20 |
| 5252 NW 85th Ave Apt 1005 | condos | 1 | 1 | 688 | $350,000 | 2026-08-17 |
| 8290 Lake Dr Apt 143 | condos | 2 | 2 | 1,036 | $250,000 | 2026-08-14 |
| 5252 NW 85th Ave Ph 2004 | condos | 3 | 2 | 1,434 | $795,000 | 2026-08-11 |
| 4910 NW 79th Ave Apt 108 | condos | 1 | 1 | 810 | $260,000 | 2026-08-07 |
| 709 Curtiss Pkwy Apt 20 | condos | 2 | 2 | 1,020 | $350,000 | 2026-07-24 |
| 5252 NW 85th Ave Apt 1601 | condos | 2 | 2 | 1,067 | $540,000 | 2026-07-20 |
| 8001 NW 41st St Unit F202 | condos | 3 | 2 | 1,124 | $485,000 | 2026-07-15 |
| 5252 NW 85th Ave Apt 706 | condos | 1 | 1 | 777 | $420,000 | 2026-07-13 |
| 8323 Lake Dr Apt 506 | condos | 1 | 1 | 810 | $205,000 | 2026-07-09 |
| 709 Curtiss Pkwy Apt 23 | condos | 2 | 2 | 1,020 | $300,000 | 2026-07-02 |
| 8005 Lake Dr Apt 201 | condos | 1 | 1 | 770 | $230,000 | 2026-06-25 |
| 4725 NW 85th Ave Unit 38 | condos | 3 | 2 | 1,129 | $485,000 | 2026-06-24 |
| 5252 NW 85th Ave Apt 911 | condos | 2 | 2 | 1,097 | $525,000 | 2026-06-22 |
| 8180 Geneva Ct Apt 419 | condos | 1 | 1 | 710 | $205,000 | 2026-06-17 |
| 4180 NW 79th Ave Apt 1D | condos | 2 | 2 | 1,060 | $279,000 | 2026-06-12 |
| 8255 Lake Dr Apt 206 | condos | 2 | 2 | 1,197 | $280,000 | 2026-06-11 |
| 5252 NW 85th Ave Apt 1910 | condos | 2 | 2 | 1,052 | $550,000 | 2026-06-05 |
| 8017 Lake Dr Apt 103 | condos | 2 | 2 | 824 | $299,900 | 2026-06-05 |
| 5300 NW 85th Ave Apt 1701 | condos | 2 | 2 | 1,073 | $525,000 | 2026-06-01 |
| 5350 NW 84th Ave Unit 1804 | condos | 2 | 2 | 1,016 | $605,000 | 2026-06-01 |
| 4200 NW 79th Ave Apt 2A | condos | 2 | 2 | 1,060 | $292,000 | 2026-05-29 |
| 5350 NW 84th Ave Unit 601 | condos | 3 | 3 | 1,381 | $650,000 | 2026-05-28 |
| 8027 Lake Dr Apt 201 | condos | 2 | 2 | 857 | $310,000 | 2026-05-27 |
| 8265 NW 41st St Apt 402 | condos | 1 | 1 | 738 | $320,000 | 2026-05-27 |
| 8265 NW 41st St Apt 304 | condos | 3 | 2 | 1,124 | $420,000 | 2026-05-21 |
| 4530 NW 79th Ave Apt 2A | condos | 2 | 2 | 1,060 | $260,000 | 2026-05-15 |
| 5231 Geneva Way Apt 205 | condos | 2 | 2 | 1,061 | $232,500 | 2026-05-08 |
| 4810 NW 79th Ave Apt 108 | condos | 1 | 1 | 810 | $240,000 | 2026-05-07 |
| 685 Miller Dr Apt 404E | condos | 2 | 2 | — | $225,000 | 2026-05-05 |
| 8215 Lake Dr Unit 201 | condos | 1 | 2 | 810 | $210,000 | 2026-04-22 |
| 8005 Lake Dr Apt 408 | condos | 1 | 1 | 770 | $227,500 | 2026-04-22 |
| 701 S Royal Poinciana Blvd Apt 13 | condos | 1 | 1 | 619 | $180,000 | 2026-04-14 |
| 4804 NW 79th Ave Apt 201 | condos | 1 | 1 | 810 | $215,000 | 2026-04-10 |
| 5350 NW 84th Ave Unit 2004 | condos | 2 | 2 | 1,017 | $590,000 | 2026-04-06 |
| 8353 Lake Dr Apt 104 | condos | 1 | 1 | 810 | $190,000 | 2026-04-06 |
| 4350 NW 79th Ave Apt 1B | condos | 2 | 2 | 1,060 | $285,000 | 2026-04-02 |
| 8225 Lake Dr Apt 101 | condos | 1 | 1 | 810 | $265,000 | 2026-03-31 |
| 8363 NW 41st St Apt 406 | condos | 3 | 2 | 1,334 | $500,000 | 2026-03-31 |
| 5252 NW 85th Ave Apt 803 | condos | 2 | 2 | 950 | $450,000 | 2026-03-30 |
| 8363 NW 41st St Unit A109 | condos | 4 | 3 | 1,506 | $600,000 | 2026-03-27 |
| 5300 Paseo Blvd Unit 1202 | condos | 3 | 2 | 1,333 | $750,000 | 2026-03-24 |
| 5731 NW 37th St Apt 322 | condos | 1 | 2 | 771 | $190,000 | 2026-03-24 |
| 8265 NW 41st St Unit C307 | condos | 1 | 1 | 738 | $333,000 | 2026-03-12 |
| 309 S Royal Poinciana Blvd Apt 304 | condos | 2 | 2 | 1,053 | $295,000 | 2026-02-26 |
| 4740 NW 84th Ct Unit 42 | condos | 3 | 2 | 1,129 | $440,000 | 2026-02-25 |
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 |
|---|---|---|---|---|---|---|
| 580 Lee Dr | single_family | 5 | 3 | — | $1,200,000 | — |
| 588 Miller Dr | single_family | 5 | 4 | 3,051 | $2,200,000 | — |
| 69 S Royal Poinciana Blvd | single_family | 5 | 3 | 3,062 | $1,500,000 | — |
| 409 DE Leon Dr | single_family | 5 | 5 | — | $3,967,000 | — |
| 550 Cardinal St | single_family | 5 | 2 | 2,205 | $999,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,019,700 | -$1,983 | -$64,798 | $783,413 | $236,287 |
| 2 | $1,050,291 | -$1,873 | -$64,731 | $774,236 | $276,055 |
| 3 | $1,081,800 | -$1,755 | -$64,658 | $764,429 | $317,371 |
| 4 | $1,114,254 | -$1,629 | -$64,578 | $753,949 | $360,305 |
| 5 | $1,147,681 | -$1,495 | -$64,490 | $742,749 | $404,933 |
| 6 | $1,182,112 | -$1,352 | -$64,396 | $730,779 | $451,332 |
| 7 | $1,217,575 | -$1,200 | -$64,293 | $717,988 | $499,587 |
| 8 | $1,254,102 | -$1,039 | -$64,182 | $704,319 | $549,784 |
| 9 | $1,291,725 | -$869 | -$64,063 | $689,710 | $602,015 |
| 10 | $1,330,477 | -$688 | -$63,935 | $674,099 | $656,378 |