28133 SW 142nd Ct

Homestead, FL 33033 · townhomes · For Sale · 449 days on market
Asking price$195,000
1 beds 2 baths 920 sqft
View on Realtor.com →
Listed by Jason Welt · Trustee Realty Inc.
Typetownhomes
Built1978
Price / sqft$212
Est. value (own analysis)$213,320
Rent estimate (Zillow ZIP avg)$2,539/mo
HOA$60/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2025-06-10
Removed date
MLSMiamiMLS #A11818757
Coordinates25.50531, -80.42106
Address28133 SW 142nd Ct
CityHomestead
StateFL
Zip33033
Listing ID6168075417
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33033)

Typical home value (ZHVI)$436,367
Typical rent (ZORI)$2,539/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$195,000
Down payment (20.0%)$39,000
Loan amount$156,000
Closing costs (5.0%)$9,750
Total cash to close$48,750
Rent (ZIP avg, ZORI — not bedroom-specific)$2,539$30,473
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$30,473
Vacancy rate (assumption) assumption8.0%

$30,473 × 8.0% = $2,438

Effective gross income$2,336$28,035
Property tax (placeholder 1.9% of price)$309$3,705
Insurance (placeholder 0.8% of price)$130$1,560
HOA dues$60$720
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$127$1,524
Total operating expenses$626$7,509
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$28,035
Total operating expenses derived$7,509

$28,035 − $7,509 = $20,526

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$156,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$156,000 amortized at 6.7% over 30 years = $1,003/mo

CapEx reserve (5.0% of GSR)$127$1,524
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$20,526
Annual debt service derived$12,030
Annual CapEx reserve assumption$1,524
Annual PMI assumption$0

($20,526 − $12,030 − $1,524 − $0) ÷ 12 = $581

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$20,526
Purchase price data$195,000

$20,526 ÷ $195,000 = 10.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$6,973
Total cash to close derived$48,750

$6,973 ÷ $48,750 = 14.3%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$20,526
Annual debt service derived$12,030

$20,526 ÷ $12,030 = 1.71

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$30,473
Purchase price data$195,000

($30,473 ÷ 12) ÷ $195,000 = 1.3%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$195,000
Gross scheduled rent (annual) comp$30,473

$195,000 ÷ $30,473 = 6.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$7,509
Effective gross income derived$28,035

$7,509 ÷ $28,035 = 26.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$7,509
Annual debt service derived$12,030
Annual PMI assumption$0
Gross scheduled rent (annual) comp$30,473

($7,509 + $12,030 + $0) ÷ $30,473 = 64.1%

Comparables

Widened to city-wide. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes111,500$1,1002026-07-28
townhomes113,120$1,6002025-11-14

14382 SW 258th Ln Unit 0

Homestead, 33032 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage1,500
Listed2026-07-28
Days on market

Asking rent: $1,100

View on Zillow →

27563 SW 139th Psge Unit B

Homestead, 33032 · rent comp

Bedrooms / bathrooms1 bd / 1 ba
Square footage3,120
Listed2025-11-14
Days on market

Asking rent: $1,600

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
13408 SW 287th Sttownhomes331,695$387,0002026-08-28
3701 NE 4th Sttownhomes431,683$385,0002026-08-27
1137 NE 31st Tertownhomes431,592$320,0002026-08-25
13401 SW 287th St Unit 13401townhomes331,695$399,0002026-08-21
500 SE 32nd Avetownhomes331,432$350,0002026-08-17
207 SE 37th Pltownhomes432,040$370,0002026-08-07
4289 NE 10th Cttownhomes331,428$320,0002026-08-07
3204 NE 11th Drtownhomes221,258$330,0002026-08-06
1072 NE 30th Avetownhomes431,580$340,0002026-08-03
3728 NE 3rd Cttownhomes321,628$388,0002026-07-31
215 SE 37th Pltownhomes331,452$349,9992026-07-31
13929 SW 282nd Sttownhomes321,160$301,0002026-07-27
1655 NE 33rd Rd Unit 102-4townhomes331,379$290,0002026-07-24
990 NE 42nd Pltownhomes321,298$305,0002026-07-21

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
28124 SW 142nd Cttownhomes12920$195,000
28025 SW 142nd Cttownhomes12920$195,000
28091 SW 143rd Cttownhomes12920$195,000

10-year hold projection

IRR22.7%
Equity multiple4.38x
Total return (10yr)$190,185
YearProperty valueNOICash flowLoan balanceEquity
1$200,850$20,526$6,973$154,309$46,541
2$206,876$21,180$7,588$152,501$54,374
3$213,082$21,854$8,223$150,569$62,512
4$219,474$22,549$8,878$148,505$70,969
5$226,058$23,266$9,554$146,299$79,760
6$232,840$24,005$10,251$143,941$88,899
7$239,825$24,768$10,971$141,422$98,404
8$247,020$25,554$11,713$138,729$108,291
9$254,431$26,365$12,479$135,852$118,579
10$262,064$27,202$13,269$132,777$129,287
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.