1826 McKinley St

Hollywood, FL 33020 · single_family · Pending — under contract · 65 days on market
Asking price$525,000
4 beds 2 baths 1,962 sqft
View on Realtor.com →
Listed by John Salt · EXP Realty, LLC
Typesingle_family
Built1950
Price / sqft$268
Est. value (own analysis)$668,697
Rent estimate (own analysis)$4,950/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-30
Removed date
MLSMiamiMLS #A12044653
Coordinates26.02416, -80.14430
Address1826 McKinley St
CityHollywood
StateFL
Zip33020
Listing ID6138385497
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33020)

Median sale price$489,000
Median days on market (sale)94
Active sale listings625
Median rent$2,000/mo
Median days on market (rent)33
Active rental listings1144
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33020 (≥6 of 50 per our log)

Underwriting (buy-and-hold, default assumptions)

Purchase price$525,000
Down payment (20.0%)$105,000
Loan amount$420,000
Closing costs (5.0%)$26,250
Total cash to close$131,250
Rent (comp-derived)$4,950$59,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$59,400
Vacancy rate (assumption) assumption8.0%

$59,400 × 8.0% = $4,752

Effective gross income$4,554$54,648
Property tax (placeholder 1.9% of price)$831$9,975
Insurance (placeholder 0.8% of price)$350$4,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$248$2,970
Total operating expenses$1,429$17,145
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$54,648
Total operating expenses derived$17,145

$54,648 − $17,145 = $37,503

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$420,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$420,000 amortized at 6.7% over 30 years = $2,699/mo

CapEx reserve (5.0% of GSR)$248$2,970
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$37,503
Annual debt service derived$32,388
Annual CapEx reserve assumption$2,970
Annual PMI assumption$0

($37,503 − $32,388 − $2,970 − $0) ÷ 12 = $179

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$37,503
Purchase price data$525,000

$37,503 ÷ $525,000 = 7.1%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$2,145
Total cash to close derived$131,250

$2,145 ÷ $131,250 = 1.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$37,503
Annual debt service derived$32,388

$37,503 ÷ $32,388 = 1.16

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$59,400
Purchase price data$525,000

($59,400 ÷ 12) ÷ $525,000 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$525,000
Gross scheduled rent (annual) comp$59,400

$525,000 ÷ $59,400 = 8.8

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$17,145
Effective gross income derived$54,648

$17,145 ÷ $54,648 = 31.4%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$17,145
Annual debt service derived$32,388
Annual PMI assumption$0
Gross scheduled rent (annual) comp$59,400

($17,145 + $32,388 + $0) ÷ $59,400 = 83.4%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,404$3,1502026-08-27
single_family441,900$3,9002026-08-09
single_family432,166$6,0002026-03-11
single_family421,663$3,9002026-08-07
single_family431,932$6,0002026-08-17
single_family421,328$3,6002026-06-09
single_family431,440$6,0002026-08-19
single_family421,476$4,6002026-05-08
single_family421,459$4,9992026-04-07
single_family421,460$3,3002025-11-26
single_family432,255$10,4952026-05-27
single_family431,597$4,9502026-06-23
single_family421,290$3,3002026-03-11
single_family432,158$5,4502026-08-07
single_family421,946$6,5002026-05-11
single_family421,685$12,0002025-09-24
single_family422,141$8,6992025-05-16
single_family442,272$4,600
single_family421,800$4,0002025-11-26

1849 Madison St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,404
Listed2026-08-27
Days on market

Asking rent: $3,150

View on Zillow →

1422 Wiley St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage1,900
Listed2026-08-09
Days on market

Asking rent: $3,900

View on Zillow →

1516 Jefferson St Unit 0

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,166
Listed2026-03-11
Days on market

Asking rent: $6,000

View on Zillow →

1843 N 27th Ct

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,663
Listed2026-08-07
Days on market

Asking rent: $3,900

View on Zillow →

1527 Fletcher St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,932
Listed2026-08-17
Days on market

Asking rent: $6,000

View on Zillow →

1423 Garfield St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,328
Listed2026-06-09
Days on market

Asking rent: $3,600

View on Zillow →

1413 Funston St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,440
Listed2026-08-19
Days on market

Asking rent: $6,000

View on Zillow →

1721 N 16th Ct

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,476
Listed2026-05-08
Days on market

Asking rent: $4,600

View on Zillow →

1448 Dewey St Unit 1448

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,459
Listed2026-04-07
Days on market

Asking rent: $4,999

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1531 Moffett St Unit 0

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,460
Listed2025-11-26
Days on market

Asking rent: $3,300

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1547 Jackson St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,255
Listed2026-05-27
Days on market

Asking rent: $10,495

View on Zillow →

1635 Hollywood Blvd

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage1,597
Listed2026-06-23
Days on market

Asking rent: $4,950

View on Zillow →

2423 Scott St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,290
Listed2026-03-11
Days on market

Asking rent: $3,300

View on Zillow →

2819 Cleveland St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,158
Listed2026-08-07
Days on market

Asking rent: $5,450

View on Zillow →

2125 N 14th Ct

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,946
Listed2026-05-11
Days on market

Asking rent: $6,500

View on Zillow →

1435 Grant St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,685
Listed2025-09-24
Days on market

Asking rent: $12,000

View on Zillow →

2708 Cleveland St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage2,141
Listed2025-05-16
Days on market

Asking rent: $8,699

View on Zillow →

2146 Van Buren St Apt 403

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 4 ba
Square footage2,272
Listed
Days on market

Asking rent: $4,600

View on Zillow →

2213 Simms St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,800
Listed2025-11-26
Days on market

Asking rent: $4,000

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
1120 S 28th Avesingle_family421,574$550,0002026-08-28
1610 S 22nd Avesingle_family421,335$455,0002026-08-26
2857 Adams Stsingle_family421,418$575,0002026-08-14
2633 NW Taft Stsingle_family431,571$615,0002026-08-07
2701 Scott Stsingle_family421,565$817,0002026-07-30
2649 Scott Stsingle_family432,022$970,0002026-07-02
2831 Monroe Stsingle_family431,594$584,0002026-05-29
1628 Monroe Stsingle_family432,674$1,050,0002026-05-05
1425 S 25th Avesingle_family421,756$552,0002026-04-30
2708 Adams Stsingle_family421,650$505,0002026-04-15
2815 Madison Stsingle_family421,345$437,0002026-04-14
2631 Wilson Stsingle_family421,671$520,0002026-03-25
2630 McKinley Stsingle_family432,640$595,0002026-02-25
2318 Washington Stsingle_family421,463$445,0002026-02-10
2314 N 26th Avesingle_family421,409$438,0002026-01-28
1418 Jefferson Stsingle_family442,116$1,250,0002026-01-12
1429 Rodman Stsingle_family442,513$810,0002026-01-05
2642 Monroe Stsingle_family432,471$577,5002025-12-26
500 N 26th Avesingle_family432,895$250,0002025-12-24
2112 N 14th Tersingle_family421,467$575,0002025-12-22
1623 Mayo Stsingle_family453,285$865,0002025-12-11
2230 Farragut Stsingle_family43$499,0002025-12-04
1443 Harrison Stsingle_family432,628$1,199,0002025-11-26
2550 Adams Stsingle_family431,877$689,0002025-11-18

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.

AddressTypeBedsBathsSqftAsking priceDays on market
2327 Freedom Stsingle_family421,352$330,000
2665 Johnson Stsingle_family432,030$979,000
2619 Arthur Stsingle_family432,708$689,000
2701 Garfield Stsingle_family421,151$564,000
425 S 15th Avesingle_family422,156$765,000
1935 Arthur Stsingle_family421,385$649,000
1443 Funston Stsingle_family442,767$2,995,000
1928 Adams Stmulti_family421,755$550,000

10-year hold projection

IRR12.4%
Equity multiple2.92x
Total return (10yr)$320,317
YearProperty valueNOICash flowLoan balanceEquity
1$540,750$37,503$2,145$415,446$125,304
2$556,973$38,714$3,281$410,580$146,393
3$573,682$39,963$4,454$405,379$168,302
4$590,892$41,252$5,665$399,822$191,071
5$608,619$42,582$6,915$393,882$214,737
6$626,877$43,954$8,205$387,535$239,342
7$645,684$45,370$9,537$380,752$264,932
8$665,054$46,830$10,911$373,503$291,551
9$685,006$48,337$12,330$365,756$319,250
10$705,556$49,891$13,794$357,478$348,078
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.