| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $489,000 |
| Down payment (20.0%) | $97,800 |
| Loan amount | $391,200 |
| Closing costs (5.0%) | $24,450 |
| Total cash to close | $122,250 |
| Income | |
| Rent (comp-derived) | $3,000$36,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,760$33,120 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $774$9,291 |
| Insurance (placeholder 0.8% of price) | $326$3,912 |
| HOA dues | $169$2,028 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $150$1,800 |
| Total operating expenses | $1,419$17,031 |
| 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) | $150$1,800 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 2 | 1,378 | $3,000 | 2026-07-25 | — | |
| townhomes | 3 | 2 | 1,550 | $3,000 | 2026-07-24 | — | |
| townhomes | 3 | 2 | 1,482 | $3,000 | 2026-07-15 | — | |
| townhomes | 3 | 2 | 1,365 | $2,900 | 2026-06-19 | — | |
| townhomes | 3 | 2 | 1,378 | $2,950 | 2026-06-17 | — | |
| townhomes | 3 | 4 | 1,780 | $3,850 | 2026-06-06 | — | |
| townhomes | 3 | 2 | 1,359 | $3,400 | 2026-06-04 | — | |
| townhomes | 3 | 2 | 1,378 | $3,200 | 2026-06-04 | — | |
| townhomes | 3 | 3 | 1,924 | $3,500 | 2026-08-03 | — | |
| townhomes | 3 | 2 | 1,340 | $3,150 | 2026-07-28 | — | |
| townhomes | 3 | 3 | 1,378 | $3,000 | 2026-04-25 | — | |
| townhomes | 3 | 3 | 1,330 | $2,850 | 2026-08-28 | — | |
| townhomes | 3 | 2 | 1,492 | $3,600 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 7849 SW 106th Cir Unit 7849 | townhomes | 3 | 3 | 1,788 | $555,000 | 2026-08-31 |
| 6603 SW 112th Pl | townhomes | 3 | 2 | 1,378 | $490,000 | 2026-08-20 |
| 6931 SW 111th Ct | townhomes | 3 | 2 | 1,378 | $485,000 | 2026-08-07 |
| 11396 SW 65th St | townhomes | 3 | 2 | 1,482 | $485,000 | 2026-08-03 |
| 8555 SW 114th Ct | townhomes | 3 | 3 | 1,825 | $674,900 | 2026-07-31 |
| 7825 SW 103rd Pl | townhomes | 3 | 2 | 1,966 | $570,000 | 2026-07-28 |
| 5989009414 | townhomes | 3 | 2 | 1,482 | $465,000 | 2026-07-17 |
| 6912 SW 110th Ave | townhomes | 3 | 2 | 1,378 | $490,000 | 2026-07-16 |
| 7655 SW 106th Ave | townhomes | 3 | 2 | 1,788 | $575,300 | 2026-07-08 |
| 7769 SW 102nd Pl | townhomes | 3 | 2 | 1,680 | $650,000 | 2026-07-07 |
| 10964 SW 75th Ter | townhomes | 3 | 3 | 1,336 | $455,000 | 2026-06-01 |
| 6502 SW 114th Ave | townhomes | 3 | 2 | 1,378 | $489,000 | 2026-06-01 |
| 6936 SW 110th Ave | townhomes | 3 | 2 | 1,378 | $442,000 | 2026-05-26 |
| 8216 SW 103rd Ave | townhomes | 3 | 3 | 1,508 | $550,000 | 2026-05-12 |
| 10406 SW 76th St | townhomes | 3 | 2 | 1,716 | $550,000 | 2026-05-06 |
| 11382 SW 87th Ter | townhomes | 3 | 2 | 1,580 | $640,000 | 2026-05-01 |
| 11537 SW 64th St Unit A83 | townhomes | 3 | 3 | 1,575 | $480,000 | 2026-04-22 |
| 10916 SW 70th Ter | townhomes | 3 | 2 | 1,365 | $470,000 | 2026-04-22 |
| 7707 SW 105th Pl | townhomes | 3 | 3 | 1,714 | $535,000 | 2026-04-10 |
| 10915 SW 71st St | townhomes | 3 | 2 | 1,365 | $460,000 | 2026-04-06 |
| 8446 SW 114th Pl | townhomes | 3 | 2 | 1,492 | $590,000 | 2026-03-31 |
| 10960 SW 70th Ter | townhomes | 3 | 2 | 1,482 | $450,000 | 2026-03-27 |
| 7855 SW 106th Ave | townhomes | 3 | 3 | 1,816 | $612,000 | 2026-03-26 |
| 11354 SW 87th Ter Unit 11354 | townhomes | 3 | 2 | 1,492 | $505,000 | 2026-03-25 |
| 7673 SW 103rd Pl | townhomes | 3 | 2 | 1,680 | $525,000 | 2026-03-23 |
| 7661 SW 102nd Pl | townhomes | 3 | 3 | 1,680 | $685,000 | 2026-03-23 |
| 10395 SW 76th St | townhomes | 3 | 2 | 1,848 | $630,000 | 2026-03-20 |
| 8726 SW 114th Pl | townhomes | 3 | 2 | 1,492 | $550,000 | 2026-03-18 |
| 11438 SW 86th Ln | townhomes | 3 | 2 | 1,580 | $474,100 | 2026-03-17 |
| 7625 SW 106th Ave | townhomes | 3 | 3 | 1,788 | $470,000 | 2026-03-13 |
| 6516 SW 112th Ct | townhomes | 3 | 2 | 1,378 | $500,000 | 2026-03-12 |
| 7700 SW 103rd Pl | townhomes | 3 | 3 | 1,680 | $610,000 | 2026-03-10 |
| 10920 SW 71st St | townhomes | 3 | 2 | 1,365 | $420,000 | 2026-02-06 |
| 10921 SW 70th Ter Unit 10921 | townhomes | 3 | 2 | 1,365 | $475,000 | 2026-02-03 |
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 |
|---|---|---|---|---|---|---|
| 5710 SW 89th Ave | single_family | 3 | 2 | 2,111 | $824,900 | — |
| 11507 SW 64th St Apt G | townhomes | 3 | 3 | 1,575 | $395,000 | — |
| 8123 SW 95th Ct | single_family | 3 | 2 | 1,512 | $987,000 | — |
| 10958 SW 72nd Ter | single_family | 3 | 2 | 1,350 | $720,000 | — |
| 7142 SW 103rd Court Cir | single_family | 3 | 2 | 1,472 | $680,000 | — |
| 10821 SW 63rd St | single_family | 3 | 2 | 1,412 | $995,000 | — |
| 7457 SW 112th Pl | single_family | 3 | 2 | 1,652 | $715,000 | — |
| 5715 SW 112th Ct | single_family | 3 | 2 | 1,175 | $599,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $503,670 | $16,089 | -$15,879 | $386,958 | $116,712 |
| 2 | $518,780 | $16,657 | -$15,356 | $382,426 | $136,354 |
| 3 | $534,344 | $17,244 | -$14,815 | $377,582 | $156,762 |
| 4 | $550,374 | $17,851 | -$14,255 | $372,405 | $177,969 |
| 5 | $566,885 | $18,478 | -$13,677 | $366,873 | $200,012 |
| 6 | $583,892 | $19,126 | -$13,078 | $360,961 | $222,931 |
| 7 | $601,408 | $19,796 | -$12,459 | $354,643 | $246,766 |
| 8 | $619,451 | $20,489 | -$11,818 | $347,891 | $271,560 |
| 9 | $638,034 | $21,205 | -$11,156 | $340,675 | $297,359 |
| 10 | $657,175 | $21,945 | -$10,471 | $332,964 | $324,211 |