| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $990,000 |
| Down payment (20.0%) | $198,000 |
| Loan amount | $792,000 |
| Closing costs (5.0%) | $49,500 |
| Total cash to close | $247,500 |
| Income | |
| Rent (comp-derived) | $4,200$50,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,864$46,368 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,568$18,810 |
| Insurance (placeholder 0.8% of price) | $660$7,920 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $210$2,520 |
| Total operating expenses | $2,438$29,250 |
| 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) | $210$2,520 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 2 | 2,120 | $5,200 | 2026-08-27 | — | |
| single_family | 4 | 3 | 1,916 | $4,200 | 2026-05-05 | — | |
| single_family | 4 | 3 | 1,910 | $3,400 | — | — |
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 |
|---|---|---|---|---|---|---|
| 7290 W 14th Ct | single_family | 4 | 2 | 1,682 | $685,000 | 2026-08-28 |
| 7701 W 16th Ct | single_family | 4 | 3 | 1,791 | $745,000 | 2026-08-28 |
| 7835 W 16th Ct | single_family | 4 | 3 | 1,905 | $750,000 | 2026-08-13 |
| 7200 W 12th Ave | single_family | 4 | 3 | 1,325 | $890,000 | 2026-08-05 |
| 6726 Orchid Dr | single_family | 4 | 2 | 2,100 | $950,000 | 2026-07-28 |
| 1158 W 70th Pl | single_family | 4 | 2 | 1,554 | $675,000 | 2026-07-16 |
| 6901 Loch Ness Dr | single_family | 4 | 2 | 1,957 | $618,000 | 2026-07-13 |
| 8064 W 14th Ave | single_family | 4 | 2 | 1,701 | $750,000 | 2026-07-10 |
| 655 W 70th Pl | single_family | 4 | 2 | 2,198 | $690,000 | 2026-06-09 |
| 15800 Kingsmoor Way | single_family | 4 | 4 | 3,834 | $1,200,000 | 2026-05-22 |
| 14435 Tabebuia Ln | single_family | 4 | 2 | 1,575 | $760,000 | 2026-05-22 |
| 7600 W 12th Ave | single_family | 4 | 2 | 1,745 | $643,000 | 2026-05-13 |
| 6320 Pent Pl | single_family | 4 | 3 | 2,406 | $950,000 | 2026-04-28 |
| 747 W 78th St | single_family | 4 | 4 | 3,190 | $930,000 | 2026-04-27 |
| 8075 W 18th Ln | single_family | 4 | 3 | 1,571 | $750,000 | 2026-04-13 |
| 8065 W 14th Ct | single_family | 4 | 3 | 2,003 | $799,000 | 2026-03-26 |
| 7877 W 16th Ave | single_family | 4 | 3 | 1,346 | $695,000 | 2026-03-23 |
| 6950 W 10th Ave | single_family | 4 | 2 | 1,995 | $737,500 | 2026-03-20 |
| 1300 W 77th St | single_family | 4 | 2 | 1,638 | $705,000 | 2026-03-16 |
| 690 W 74th Pl | single_family | 4 | 4 | 3,470 | $163,000 | 2026-01-30 |
| 1150 W 69th Pl | single_family | 4 | 3 | 2,078 | $610,000 | 2026-01-16 |
| 7770 W 8th Ave | single_family | 4 | 2 | 1,161 | $480,000 | 2025-12-19 |
| 16511 Stonehaven Rd | single_family | 4 | 3 | 2,094 | $1,200,000 | 2025-11-24 |
| 6975 W 10th Ct | single_family | 4 | 2 | 1,860 | $720,000 | 2025-11-05 |
| 14181 Leaning Pine Dr | single_family | 4 | 2 | 1,864 | $745,000 | 2025-10-22 |
| 16111 W Troon Cir | single_family | 4 | 4 | 3,611 | $2,075,000 | 2025-09-05 |
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 |
|---|---|---|---|---|---|---|
| 15331 Turnbull Dr | single_family | 4 | 3 | 1,936 | $1,175,000 | — |
| 14412 Rosewood Rd | single_family | 4 | 3 | 2,845 | $1,500,000 | — |
| 14821 Palmetto Palm Ave | single_family | 4 | 2 | 2,221 | $998,000 | — |
| 7101 E Troon Cir | single_family | 4 | 4 | 3,043 | $1,925,500 | — |
| 16241 W Troon Cir | single_family | 4 | 3 | 4,164 | $2,150,000 | — |
| 7961 W 6th Ave | single_family | 4 | 2 | 2,120 | $750,000 | — |
| 790 W 73rd Pl | single_family | 4 | 3 | 1,912 | $679,000 | — |
| 884 W 72nd Pl | single_family | 4 | 3 | 1,560 | $795,999 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,019,700 | $17,118 | -$46,477 | $783,413 | $236,287 |
| 2 | $1,050,291 | $17,778 | -$45,881 | $774,236 | $276,055 |
| 3 | $1,081,800 | $18,461 | -$45,262 | $764,429 | $317,371 |
| 4 | $1,114,254 | $19,169 | -$44,621 | $753,949 | $360,305 |
| 5 | $1,147,681 | $19,901 | -$43,956 | $742,749 | $404,933 |
| 6 | $1,182,112 | $20,660 | -$43,267 | $730,779 | $451,332 |
| 7 | $1,217,575 | $21,445 | -$42,553 | $717,988 | $499,587 |
| 8 | $1,254,102 | $22,258 | -$41,813 | $704,319 | $549,784 |
| 9 | $1,291,725 | $23,099 | -$41,046 | $689,710 | $602,015 |
| 10 | $1,330,477 | $23,970 | -$40,252 | $674,099 | $656,378 |