| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $699,000 |
| Down payment (20.0%) | $139,800 |
| Loan amount | $559,200 |
| Closing costs (5.0%) | $34,950 |
| Total cash to close | $174,750 |
| Income | |
| Rent (estimate) | $5,577$66,924 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,131$61,570 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,107$13,281 |
| Insurance (est. scaled by flood & wind risk) | $746$8,947 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $279$3,346 |
| Total operating expenses | $2,131$25,574 |
| 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) | $279$3,346 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 1330 NW 5th St | multi_family | 5 | 5 | 2,690 | $1,100,000 | 2026-08-07 |
| 226 NW 16th Ave | multi_family | 5 | 1 | 2,637 | $470,000 | 2026-06-03 |
| 2029 NW 5th St | multi_family | 5 | 1 | 2,532 | $605,000 | 2026-04-21 |
| 1209 NW 33rd Ave | multi_family | 5 | 3 | 2,650 | $675,000 | 2026-02-27 |
| 1120 NW 32nd Ct | multi_family | 5 | 3 | 2,346 | $850,000 | 2025-08-29 |
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 |
|---|---|---|---|---|---|---|
| 1130-1132 NW 34th Ave | multi_family | 5 | 4 | 1,824 | $739,900 | — |
| 1845 NW 16th St | multi_family | 5 | 3 | 2,871 | $640,000 | — |
| 935 NW 22nd Ct | multi_family | 5 | 3 | 1,758 | $769,000 | — |
| 2930 NW 12th St | multi_family | 5 | 3 | 2,189 | $839,000 | — |
| 2160 NW 18th Ter | multi_family | 5 | 4 | 2,552 | $1,180,000 | — |
| 1055 NW 32nd Ct | multi_family | 5 | 4 | 2,287 | $1,199,000 | — |
| single_family | 5 | 3 | 1,675 | $1,244,000 | — | |
| 3435 NW 4th St | multi_family | 5 | 3 | 1,970 | $975,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $719,970 | $35,996 | -$10,473 | $553,137 | $166,833 |
| 2 | $741,569 | $37,203 | -$9,349 | $546,658 | $194,911 |
| 3 | $763,816 | $38,451 | -$8,188 | $539,733 | $224,083 |
| 4 | $786,731 | $39,738 | -$6,988 | $532,334 | $254,397 |
| 5 | $810,333 | $41,068 | -$5,748 | $524,426 | $285,907 |
| 6 | $834,643 | $42,442 | -$4,467 | $515,975 | $318,668 |
| 7 | $859,682 | $43,859 | -$3,144 | $506,943 | $352,738 |
| 8 | $885,472 | $45,324 | -$1,777 | $497,292 | $388,180 |
| 9 | $912,036 | $46,835 | -$365 | $486,978 | $425,059 |
| 10 | $939,398 | $48,396 | $1,094 | $475,955 | $463,442 |