| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $285,000 |
| Down payment (20.0%) | $57,000 |
| Loan amount | $228,000 |
| Closing costs (5.0%) | $14,250 |
| Total cash to close | $71,250 |
| Income | |
| Rent (comp-derived) | $2,500$30,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,300$27,600 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $451$5,415 |
| Insurance (placeholder 0.8% of price) | $190$2,280 |
| HOA dues | $544$6,528 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $125$1,500 |
| Total operating expenses | $1,310$15,723 |
| 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) | $125$1,500 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 3 | 2 | 1,150 | $2,500 | 2026-08-18 | — | |
| condos | 3 | 2 | 994 | $2,300 | 2026-08-16 | — | |
| condos | 3 | 2 | 1,258 | $2,450 | 2026-08-15 | — | |
| condos | 3 | 2 | 994 | $2,300 | 2026-08-13 | — | |
| apartment | 3 | 2 | 1,277 | $2,375 | 2026-08-06 | — | |
| condos | 3 | 2 | 1,120 | $2,450 | 2026-07-27 | — | |
| condos | 3 | 2 | 1,090 | $2,950 | 2026-07-22 | — | |
| condos | 3 | 2 | 1,150 | $2,599 | 2026-07-22 | — | |
| condos | 3 | 2 | 994 | $2,300 | 2026-07-20 | — | |
| condos | 3 | 2 | 987 | $2,400 | 2026-07-15 | — | |
| condos | 3 | 2 | 1,059 | $2,850 | 2026-07-11 | — | |
| condos | 3 | 2 | 1,346 | $2,450 | 2026-07-08 | — | |
| condos | 3 | 3 | 1,260 | $2,800 | 2026-07-07 | — | |
| condos | 3 | 2 | 1,119 | $2,400 | 2026-06-25 | — | |
| condos | 3 | 2 | 1,150 | $2,699 | 2026-06-24 | — | |
| condos | 3 | 2 | 994 | $2,300 | 2026-06-23 | — | |
| condos | 3 | 2 | 1,260 | $2,500 | 2026-06-21 | — | |
| condos | 3 | 2 | 994 | $2,300 | 2026-06-05 | — | |
| condos | 3 | 2 | 987 | $2,400 | 2026-06-04 | — | |
| condos | 3 | 2 | 1,096 | $2,100 | 2026-08-24 | — | |
| condos | 3 | 2 | 1,240 | $2,500 | 2026-05-20 | — | |
| condos | 3 | 2 | 987 | $2,500 | 2026-05-03 | — | |
| condos | 3 | 3 | 1,325 | $2,500 | 2026-08-04 | — | |
| condos | 3 | 2 | 1,096 | $2,350 | 2026-03-24 | — | |
| condos | 3 | 2 | 1,277 | $2,500 | 2026-04-08 | — | |
| condos | 3 | 2 | 987 | $2,550 | 2026-03-16 | — | |
| apartment | 3 | 2 | 1,277 | $2,500 | 2026-03-10 | — | |
| apartment | 3 | 2 | 1,260 | $2,500 | — | — | |
| apartment | 3 | 2 | 1,436 | $3,352 | — | — | |
| apartment | 3 | 2 | 1,436 | $3,372 | — | — | |
| apartment | 3 | 2 | 1,436 | $3,262 | — | — | |
| condos | 3 | 2 | 1,170 | $2,600 | 2026-08-29 | — |
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 |
|---|---|---|---|---|---|---|
| 15620 SW 80th St Unit H101 | condos | 3 | 2 | 1,165 | $270,000 | 2026-07-13 |
| 14815 SW 81st St Unit B | condos | 3 | 2 | 1,075 | $500,000 | 2026-07-09 |
| 14903 SW 80th St Apt 201 | condos | 3 | 2 | 1,220 | $345,000 | 2026-07-02 |
| 15441 SW 81 Circle Ln Unit 41 | condos | 3 | 2 | — | $257,500 | 2026-06-05 |
| 14971 SW 82nd Ln Unit 20-508 | condos | 3 | 2 | 1,260 | $290,000 | 2026-06-02 |
| 7611 SW 153rd Ct Apt 105 | condos | 3 | 2 | 1,120 | $360,000 | 2026-05-13 |
| 14911 SW 80th St Apt 221 | condos | 3 | 2 | 1,220 | $340,000 | 2026-03-24 |
| 14903 SW 80th St Apt 101 | condos | 3 | 2 | 1,220 | $345,000 | 2026-02-27 |
| 6841 SW 147th Ave Apt 3H | condos | 3 | 2 | 1,700 | $350,000 | 2025-12-17 |
| 8255 SW 152nd Ave Unit E412 | condos | 3 | 2 | 1,293 | $260,000 | 2025-12-16 |
| 8595 SW 152nd Ave Apt 251 | condos | 3 | 3 | 1,320 | $430,000 | 2025-10-31 |
| 15660 SW 82nd Cir Ln Unit 6-6 | condos | 3 | 3 | 1,964 | $300,000 | 2025-10-06 |
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 |
|---|---|---|---|---|---|---|
| 6651 SW 148th Ct | single_family | 3 | 2 | 1,892 | $855,000 | — |
| 7054 SW 152nd Ct | townhomes | 3 | 2 | 1,116 | $490,000 | — |
| 15840 SW 85th St | single_family | 3 | 2 | 1,631 | $650,000 | — |
| 14755 SW 74th Ln | townhomes | 3 | 3 | 2,187 | $533,000 | — |
| 14963 SW 74th Ter | single_family | 3 | 2 | 1,322 | $529,000 | — |
| 16628 SW 79th Ter | townhomes | 3 | 3 | 1,776 | $525,000 | — |
| 15171 SW 70th St | single_family | 3 | 2 | 2,074 | $850,000 | — |
| 16232 SW 57th Ln | condos | 3 | 3 | 2,027 | $564,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $293,550 | $11,877 | -$7,205 | $225,528 | $68,022 |
| 2 | $302,357 | $12,312 | -$6,808 | $222,886 | $79,470 |
| 3 | $311,427 | $12,762 | -$6,396 | $220,063 | $91,364 |
| 4 | $320,770 | $13,227 | -$5,970 | $217,046 | $103,724 |
| 5 | $330,393 | $13,709 | -$5,529 | $213,822 | $116,571 |
| 6 | $340,305 | $14,207 | -$5,073 | $210,376 | $129,929 |
| 7 | $350,514 | $14,722 | -$4,600 | $206,694 | $143,820 |
| 8 | $361,029 | $15,255 | -$4,111 | $202,759 | $158,271 |
| 9 | $371,860 | $15,806 | -$3,604 | $198,553 | $173,307 |
| 10 | $383,016 | $16,376 | -$3,080 | $194,059 | $188,957 |