| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $800,000 |
| Down payment (20.0%) | $160,000 |
| Loan amount | $640,000 |
| Closing costs (5.0%) | $40,000 |
| Total cash to close | $200,000 |
| Income | |
| Rent (estimate) | $3,597$43,170 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,310$39,716 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,267$15,200 |
| Insurance (placeholder 0.8% of price) | $533$6,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $180$2,158 |
| Total operating expenses | $1,980$23,758 |
| 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) | $180$2,158 |
| 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 |
|---|---|---|---|---|---|---|
| 7311 SW 63rd Ct | multi_family | 4 | 2 | 1,560 | $1,045,700 | 2025-11-17 |
| 5740 SW 60th St | multi_family | — | — | 1,293 | $740,000 | 2025-10-03 |
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 |
|---|---|---|---|---|---|---|
| 5775 SW 57th Ter | single_family | 3 | 2 | 1,841 | $1,350,000 | — |
| 7050 SW 82nd Ct | single_family | 3 | 2 | 1,312 | $1,400,000 | — |
| 7240 Sunset Dr | single_family | 3 | 3 | 1,591 | $2,675,000 | — |
| 8530 SW 81st Ln | single_family | 3 | 2 | 2,154 | $1,150,000 | — |
| 8121 SW 82nd Ct | townhomes | 3 | 3 | 1,470 | $645,000 | — |
| 7483 SW 82nd St Apt A102 | condos | 3 | 2 | 1,140 | $385,000 | — |
| 8054 SW 86th Ter | townhomes | 3 | 3 | 2,019 | $875,000 | — |
| 6325 SW 84th St | single_family | 3 | 2 | 1,886 | $1,775,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $824,000 | $15,958 | -$35,555 | $633,061 | $190,939 |
| 2 | $848,720 | $16,555 | -$35,011 | $625,646 | $223,074 |
| 3 | $874,182 | $17,174 | -$34,448 | $617,721 | $256,461 |
| 4 | $900,407 | $17,814 | -$33,865 | $609,252 | $291,155 |
| 5 | $927,419 | $18,476 | -$33,260 | $600,201 | $327,218 |
| 6 | $955,242 | $19,161 | -$32,634 | $590,529 | $364,713 |
| 7 | $983,899 | $19,871 | -$31,986 | $580,193 | $403,706 |
| 8 | $1,013,416 | $20,605 | -$31,315 | $569,147 | $444,269 |
| 9 | $1,043,819 | $21,364 | -$30,620 | $557,343 | $486,476 |
| 10 | $1,075,133 | $22,150 | -$29,900 | $544,727 | $530,406 |