| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $550,000 |
| Down payment (20.0%) | $110,000 |
| Loan amount | $440,000 |
| Closing costs (5.0%) | $27,500 |
| Total cash to close | $137,500 |
| Income | |
| Rent (comp-derived) | $2,950$35,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,714$32,568 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $871$10,450 |
| Insurance (placeholder 0.8% of price) | $367$4,400 |
| HOA dues | $297$3,564 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $148$1,770 |
| Total operating expenses | $1,682$20,184 |
| 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) | $148$1,770 |
| 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 | 1,212 | $2,950 | 2026-06-04 | — | |
| townhomes | 3 | 2 | 1,457 | $2,400 | 2026-03-11 | — | |
| townhomes | 3 | 3 | 1,779 | $2,900 | 2026-05-20 | — | |
| townhomes | 3 | 2 | 1,115 | $2,925 | 2026-06-26 | — | |
| townhomes | 3 | 3 | 1,708 | $2,950 | 2026-06-30 | — | |
| townhomes | 3 | 3 | 1,590 | $2,950 | 2026-04-20 | — | |
| townhomes | 3 | 2 | 1,245 | $2,800 | 2026-06-16 | — | |
| townhomes | 3 | 2 | 1,130 | $3,000 | 2026-07-09 | — | |
| townhomes | 3 | 2 | 1,190 | $3,500 | 2026-08-25 | — | |
| townhomes | 3 | 3 | 1,360 | $3,200 | 2026-06-17 | — | |
| townhomes | 3 | 2 | 1,582 | $3,080 | 2026-05-26 | — | |
| townhomes | 3 | 3 | 1,500 | $2,900 | 2026-07-06 | — | |
| townhomes | 3 | 2 | 1,582 | $3,150 | 2026-08-24 | — | |
| townhomes | 3 | 2 | 1,190 | $3,300 | 2026-06-10 | — | |
| townhomes | 3 | 3 | 1,386 | $2,600 | 2026-03-11 | — | |
| townhomes | 3 | 2 | 1,687 | $3,650 | 2026-08-07 | — | |
| townhomes | 3 | 2 | 1,582 | $3,600 | 2026-05-26 | — |
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 |
|---|---|---|---|---|---|---|
| 7548 NW 173rd Ter | townhomes | 3 | 2 | 1,190 | $465,000 | 2026-09-01 |
| 19113 NW 64th Ct | townhomes | 3 | 3 | 1,298 | $485,000 | 2026-08-25 |
| 7353 NW 174th Ter Apt 107 | townhomes | 3 | 3 | 1,500 | $425,000 | 2026-08-24 |
| 9167561492 | townhomes | 3 | 2 | 1,218 | $490,000 | 2026-08-21 |
| 7560 NW 173rd Ln | townhomes | 3 | 2 | 1,190 | $473,000 | 2026-06-30 |
| 19750 Cypress Ct | townhomes | 3 | 2 | 1,537 | $475,000 | 2026-06-29 |
| 7317 NW 174th Ter Apt 102 | townhomes | 3 | 3 | 1,387 | $425,000 | 2026-06-03 |
| 6970 NW 177th St Unit M101 | townhomes | 3 | 3 | 1,386 | $400,000 | 2026-05-29 |
| 17026 NW 66th Ct | townhomes | 3 | 2 | 1,115 | $433,000 | 2026-05-15 |
| 7355 NW 173rd Dr Apt 103 | townhomes | 3 | 3 | 1,860 | $460,000 | 2026-05-01 |
| 17246 NW 74th Ct | townhomes | 3 | 2 | 1,218 | $440,000 | 2026-04-21 |
| 19816 Bobolink Dr | townhomes | 3 | 2 | 1,821 | $494,800 | 2026-04-21 |
| 6353 NW 190th Ter | townhomes | 3 | 3 | 1,419 | $485,000 | 2026-04-17 |
| 17355 NW 66th Ct | townhomes | 3 | 2 | 1,687 | $515,000 | 2026-04-14 |
| 17360 NW 69th Ct Apt 204 | townhomes | 3 | 3 | 1,520 | $430,000 | 2026-04-10 |
| 6169 NW 170th Ter | townhomes | 3 | 2 | 1,582 | $428,000 | 2026-04-07 |
| 6243 NW 171st St | townhomes | 3 | 2 | 1,582 | $450,000 | 2026-03-27 |
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 |
|---|---|---|---|---|---|---|
| 6795 Brookline Dr Unit 6795 | condos | 3 | 3 | 3,504 | $645,000 | — |
| 6061 NW 198th Ter | single_family | 3 | 3 | 1,540 | $645,000 | — |
| 19331 NW 57th Ct | single_family | 3 | 2 | 1,371 | $720,000 | — |
| 17831 NW 84th Ct | single_family | 3 | 2 | 1,719 | $1,050,000 | — |
| 6821 Brookline Dr Unit 6821 | condos | 3 | 3 | 2,180 | $439,000 | — |
| 8601 NW 192nd Ter | single_family | 3 | 2 | 1,353 | $599,900 | — |
| 8126 NW 199th Ter | single_family | 3 | 3 | 1,648 | $665,000 | — |
| 8165 NW 187th Ter | single_family | 3 | 2 | 1,327 | $610,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $566,500 | $12,384 | -$23,317 | $435,229 | $131,271 |
| 2 | $583,495 | $12,856 | -$22,889 | $430,131 | $153,364 |
| 3 | $601,000 | $13,346 | -$22,445 | $424,683 | $176,317 |
| 4 | $619,030 | $13,852 | -$21,985 | $418,860 | $200,169 |
| 5 | $637,601 | $14,376 | -$21,508 | $412,638 | $224,963 |
| 6 | $656,729 | $14,919 | -$21,014 | $405,989 | $250,740 |
| 7 | $676,431 | $15,481 | -$20,503 | $398,882 | $277,548 |
| 8 | $696,724 | $16,062 | -$19,973 | $391,288 | $305,435 |
| 9 | $717,625 | $16,664 | -$19,423 | $383,173 | $334,453 |
| 10 | $739,154 | $17,287 | -$18,854 | $374,500 | $364,654 |