8052 NW 161st Ter

Miami Lakes, FL 33016 · single_family · For Sale · 90 days on market
Asking price$1,599,000
6 beds 5 baths 3,232 sqft
Suggested offer$1,025,882$573,118 above the est. market value of $1,025,882.
View on Realtor.com →
Listed by Chaim Neiman · Pink Miami Real Estate
Typesingle_family
Built2000
Price / sqft$495
Est. value (own analysis)$1,025,882
Rent estimate (Zillow ZIP avg)$2,365/mo
HOA$270/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-06-04
Removed date
MLSMiamiMLS #A12030318
Coordinates25.91948, -80.33207
Address8052 NW 161st Ter
CityMiami Lakes
StateFL
Zip33016
Listing ID6185584112
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33016)

Typical home value (ZHVI)$295,375
Typical rent (ZORI)$2,365/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$1,599,000
Down payment (20.0%)$319,800
Loan amount$1,279,200
Closing costs (5.0%)$79,950
Total cash to close$399,750
Rent (ZIP avg, ZORI — not bedroom-specific)$2,365$28,375
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$28,375
Vacancy rate (assumption) assumption8.0%

$28,375 × 8.0% = $2,270

Effective gross income$2,175$26,105
Property tax (placeholder 1.9% of price)$2,532$30,381
Insurance (placeholder 0.8% of price)$1,066$12,792
HOA dues$270$3,240
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$118$1,419
Total operating expenses$3,986$47,832
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$26,105
Total operating expenses derived$47,832

$26,105 − $47,832 = -$21,727

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$1,279,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,279,200 amortized at 6.7% over 30 years = $8,220/mo

CapEx reserve (5.0% of GSR)$118$1,419
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-$21,727
Annual debt service derived$98,646
Annual CapEx reserve assumption$1,419
Annual PMI assumption$0

(-$21,727 − $98,646 − $1,419 − $0) ÷ 12 = -$10,149

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived-$21,727
Purchase price data$1,599,000

-$21,727 ÷ $1,599,000 = -1.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$121,791
Total cash to close derived$399,750

-$121,791 ÷ $399,750 = -30.5%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived-$21,727
Annual debt service derived$98,646

-$21,727 ÷ $98,646 = -0.22

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$28,375
Purchase price data$1,599,000

($28,375 ÷ 12) ÷ $1,599,000 = 0.1%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,599,000
Gross scheduled rent (annual) comp$28,375

$1,599,000 ÷ $28,375 = 56.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$47,832
Effective gross income derived$26,105

$47,832 ÷ $26,105 = 183.2%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$47,832
Annual debt service derived$98,646
Annual PMI assumption$0
Gross scheduled rent (annual) comp$28,375

($47,832 + $98,646 + $0) ÷ $28,375 = 516.2%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family644,176$10,0002026-03-18
single_family66$12,0002026-08-31

15945 NW 82nd Ct

Miami Lakes, 33016 · rent comp

Bedrooms / bathrooms6 bd / 4 ba
Square footage4,176
Listed2026-03-18
Days on market

Asking rent: $10,000

View on Zillow →

8540 NW 160th Ter Unit 1

Miami Lakes, 33016 · rent comp

Bedrooms / bathrooms6 bd / 6 ba
Square footage
Listed2026-08-31
Days on market

Asking rent: $12,000

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
7830 NW 161st Tersingle_family643,434$1,090,0002026-04-23
7970 NW 156th Tersingle_family663,119$1,300,0002026-01-09
8360 NW 159th Tersingle_family654,647$1,340,0002025-12-04

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
7851 NW 166th Tersingle_family654,256$1,895,000
8540 NW 160th Tersingle_family66$3,500,000

10-year hold projection

IRR-10.4%
Equity multiple-0.77x
Total return (10yr)-$498,616
YearProperty valueNOICash flowLoan balanceEquity
1$1,646,970-$21,727-$121,791$1,265,331$381,639
2$1,696,379-$22,139-$122,239$1,250,509$445,870
3$1,747,270-$22,558-$122,695$1,234,669$512,601
4$1,799,689-$22,984-$123,157$1,217,742$581,947
5$1,853,679-$23,416-$123,628$1,199,652$654,027
6$1,909,290-$23,854-$124,105$1,180,320$728,969
7$1,966,568-$24,299-$124,590$1,159,661$806,907
8$2,025,565-$24,751-$125,083$1,137,583$887,983
9$2,086,332-$25,209-$125,584$1,113,988$972,344
10$2,148,922-$25,674-$126,092$1,088,774$1,060,149
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.