4000 Towerside Ter Apt 1210

Miami, FL 33138 · condos · For Sale · 48 days on market
Asking price$297,000
2 beds 2 baths 1,268 sqft
View on Realtor.com →
Listed by Diana Ramirez · Holistic Realty LLC
Typecondos
Built1982
Price / sqft$234
Est. value (own analysis)$342,601
Rent estimate (own analysis)$3,050/mo
HOA$1,629/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-17
Removed date
MLSMiamiMLS #A12053301
Coordinates25.87320, -80.16543
Address4000 Towerside Ter Apt 1210
CityMiami
StateFL
Zip33138
Listing ID6294240228
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33138)

Typical home value (ZHVI)$806,988
Typical rent (ZORI)$2,367/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$297,000
Down payment (20.0%)$59,400
Loan amount$237,600
Closing costs (5.0%)$14,850
Total cash to close$74,250
Rent (comp-derived)$3,050$36,594
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$36,594
Vacancy rate (assumption) assumption8.0%

$36,594 × 8.0% = $2,928

Effective gross income$2,806$33,666
Property tax (placeholder 1.9% of price)$470$5,643
Insurance (placeholder 0.8% of price)$198$2,376
HOA dues$1,629$19,548
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$152$1,830
Total operating expenses$2,450$29,397
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$33,666
Total operating expenses derived$29,397

$33,666 − $29,397 = $4,270

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$237,600
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$237,600 amortized at 6.7% over 30 years = $1,527/mo

CapEx reserve (5.0% of GSR)$152$1,830
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$4,270
Annual debt service derived$18,323
Annual CapEx reserve assumption$1,830
Annual PMI assumption$0

($4,270 − $18,323 − $1,830 − $0) ÷ 12 = -$1,324

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$4,270
Purchase price data$297,000

$4,270 ÷ $297,000 = 1.4%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$15,882
Total cash to close derived$74,250

-$15,882 ÷ $74,250 = -21.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$4,270
Annual debt service derived$18,323

$4,270 ÷ $18,323 = 0.23

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$36,594
Purchase price data$297,000

($36,594 ÷ 12) ÷ $297,000 = 1.0%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$297,000
Gross scheduled rent (annual) comp$36,594

$297,000 ÷ $36,594 = 8.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$29,397
Effective gross income derived$33,666

$29,397 ÷ $33,666 = 87.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$29,397
Annual debt service derived$18,323
Annual PMI assumption$0
Gross scheduled rent (annual) comp$36,594

($29,397 + $18,323 + $0) ÷ $36,594 = 130.4%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
condos221,520$4,3002026-08-17
condos22967$2,6002026-08-14
condos221,172$5,5002026-08-13
condos22894$1,9502026-08-08
condos231,042$3,0002026-07-27
condos221,520$3,8002026-07-27
condos21927$3,2002026-07-24
apartment21927$2,1502026-07-22
apartment22849$1,8502026-07-10
apartment221,380$3,6002026-07-10
condos221,268$3,8002026-07-09
condos221,312$4,2502026-07-02
condos221,104$2,8502026-06-30
apartment221,525$2,3002026-06-25
apartment21891$2,2502026-06-24
condos221,530$3,6002026-06-22
condos221,316$2,8002026-06-17
condos221,469$3,8002026-06-03
condos21938$2,8502026-06-01
condos22967$2,3252026-05-29
condos22914$2,0002026-05-28
apartment211,596$2,5502026-05-19
condos221,316$3,2502026-05-08
condos221,219$2,4502026-05-07
apartment221,104$3,5002026-05-04
condos221,465$4,2002026-05-02
apartment221,037$2,7002026-07-30
condos221,456$4,2002026-07-29
condos221,538$4,2002026-07-29
apartment221,242$3,0502026-07-28
condos21926$3,3502026-07-22
condos21855$1,8002026-03-12
condos21938$2,8002026-08-25
condos22973$6,0002026-03-25
condos221,469$3,9502026-06-23
condos211,149$5,5002026-02-09
condos221,469$3,800
apartment22863$2,581
apartment221,188$3,651
apartment22865$2,549
apartment22873$2,385
apartment22863$2,586
apartment22864$3,258
condos221,229$2,6002026-08-27
apartment22900$3,6252026-07-27
apartment221,100$2,800
apartment21900$2,4002025-05-10
apartment22863$2,567
apartment22863$2,611
apartment22863$2,567
apartment22863$2,587
apartment221,188$3,049
apartment221,183$3,534
apartment221,183$3,436
apartment22934$3,194
apartment221,219$3,631
apartment221,183$3,661
apartment221,188$3,681
condos221,312$4,0002026-08-31
condos21900$2,4002026-09-01

1000 Quayside Ter Apt TS05

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,520
Listed2026-08-17
Days on market

Asking rent: $4,300

View on Zillow →

7801 NE 4th Ct Apt 315

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage967
Listed2026-08-14
Days on market

Asking rent: $2,600

View on Zillow →

720 NE 62nd St Unit 0

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,172
Listed2026-08-13
Days on market

Asking rent: $5,500

View on Zillow →

428 NE 82nd St Unit 4E

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage894
Listed2026-08-08
Days on market

Asking rent: $1,950

View on Zillow →

770 NE 69th St Apt 8F

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 3 ba
Square footage1,042
Listed2026-07-27
Days on market

Asking rent: $3,000

View on Zillow →

1000 Quayside Ter Apt 805

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,520
Listed2026-07-27
Days on market

Asking rent: $3,800

View on Zillow →

777 NE 62nd St Apt C303

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage927
Listed2026-07-24
Days on market

Asking rent: $3,200

View on Zillow →

1120 NE 81st St Apt 1

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage927
Listed2026-07-22
Days on market

Asking rent: $2,150

View on Zillow →

433 NE 82nd St Apt 11

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage849
Listed2026-07-10
Days on market

Asking rent: $1,850

View on Zillow →

6701 Biscayne Blvd Unit 204

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,380
Listed2026-07-10
Days on market

Asking rent: $3,600

View on Zillow →

4000 Towerside Ter Apt 1403

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,268
Listed2026-07-09
Days on market

Asking rent: $3,800

View on Zillow →

2000 Towerside Ter Apt 1910

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,312
Listed2026-07-02
Days on market

Asking rent: $4,250

View on Zillow →

880 NE 69th St Apt 5L

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,104
Listed2026-06-30
Days on market

Asking rent: $2,850

View on Zillow →

8057 NE 1st Ave Unit 2

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,525
Listed2026-06-25
Days on market

Asking rent: $2,300

View on Zillow →

570 NE 64th St Apt 2

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage891
Listed2026-06-24
Days on market

Asking rent: $2,250

View on Zillow →

2000 Towerside Ter Apt 301

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,530
Listed2026-06-22
Days on market

Asking rent: $3,600

View on Zillow →

780 NE 69th St Apt 1010

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,316
Listed2026-06-17
Days on market

Asking rent: $2,800

View on Zillow →

4000 Towerside Ter Apt 908

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,469
Listed2026-06-03
Days on market

Asking rent: $3,800

View on Zillow →

650 NE 64th St Apt G402

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage938
Listed2026-06-01
Days on market

Asking rent: $2,850

View on Zillow →

7801 NE 4th Ct Apt 514

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage967
Listed2026-05-29
Days on market

Asking rent: $2,325

View on Zillow →

8950 NE 8th Ave Apt 405

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage914
Listed2026-05-28
Days on market

Asking rent: $2,000

View on Zillow →

351 NE 82nd St Unit 1

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,596
Listed2026-05-19
Days on market

Asking rent: $2,550

View on Zillow →

780 NE 69th St Apt 1810

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,316
Listed2026-05-08
Days on market

Asking rent: $3,250

View on Zillow →

780 NE 69th St Apt 1908

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,219
Listed2026-05-07
Days on market

Asking rent: $2,450

View on Zillow →

880 NE 69th St Apt 11M

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,104
Listed2026-05-04
Days on market

Asking rent: $3,500

View on Zillow →

4000 Towerside Ter Apt 308

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,465
Listed2026-05-02
Days on market

Asking rent: $4,200

View on Zillow →

437 NE 69th St Unit 1

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,037
Listed2026-07-30
Days on market

Asking rent: $2,700

View on Zillow →

4000 Towerside Ter Apt 1405

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,456
Listed2026-07-29
Days on market

Asking rent: $4,200

View on Zillow →

2000 Towerside Ter Apt 312

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,538
Listed2026-07-29
Days on market

Asking rent: $4,200

View on Zillow →

780 NE 69th St Apt 1905

El Portal, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,242
Listed2026-07-28
Days on market

Asking rent: $3,050

View on Zillow →

750 NE 64th St Apt B404

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage926
Listed2026-07-22
Days on market

Asking rent: $3,350

View on Zillow →

424 NE 82nd St Apt 4C

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage855
Listed2026-03-12
Days on market

Asking rent: $1,800

View on Zillow →

650 NE 64th St Apt G602

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage938
Listed2026-08-25
Days on market

Asking rent: $2,800

View on Zillow →

720 NE 62nd St Unit 307

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage973
Listed2026-03-25
Days on market

Asking rent: $6,000

View on Zillow →

4000 Towerside Ter Apt 1701

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,469
Listed2026-06-23
Days on market

Asking rent: $3,950

View on Zillow →

509 NE 64th St Apt 2

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage1,149
Listed2026-02-09
Days on market

Asking rent: $5,500

View on Zillow →

4000 Towerside Ter # CU908

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,469
Listed
Days on market

Asking rent: $3,800

View on Zillow →

471 NE 83rd St Apt 715

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage863
Listed
Days on market

Asking rent: $2,581

View on Zillow →

7950 NE Bayshore Ct Apt 1901

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,188
Listed
Days on market

Asking rent: $3,651

View on Zillow →

719 NE 83rd Ter # 719-403

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage865
Listed
Days on market

Asking rent: $2,549

View on Zillow →

719 NE 83rd Ter # 719-212

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage873
Listed
Days on market

Asking rent: $2,385

View on Zillow →

471 NE 83rd St Apt 430

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage863
Listed
Days on market

Asking rent: $2,586

View on Zillow →

6445 NE 7th Ave Apt 532

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage864
Listed
Days on market

Asking rent: $3,258

View on Zillow →

780 NE 69th St Apt 1507

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,229
Listed2026-08-27
Days on market

Asking rent: $2,600

View on Zillow →

715 NE 92nd St Apt 1

Miami Shores, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage900
Listed2026-07-27
Days on market

Asking rent: $3,625

View on Zillow →

9220 Biscayne Blvd

Miami Shores, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,100
Listed
Days on market

Asking rent: $2,800

View on Zillow →

1101 NE 80th St

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage900
Listed2025-05-10
Days on market

Asking rent: $2,400

View on Zillow →

471 NE 83rd St Apt 335

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage863
Listed
Days on market

Asking rent: $2,567

View on Zillow →

471 NE 83rd St Apt 830

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage863
Listed
Days on market

Asking rent: $2,611

View on Zillow →

471 NE 83rd St Apt 237

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage863
Listed
Days on market

Asking rent: $2,567

View on Zillow →

471 NE 83rd St Apt 733

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage863
Listed
Days on market

Asking rent: $2,587

View on Zillow →

7950 NE Bayshore Ct Apt 1111

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,188
Listed
Days on market

Asking rent: $3,049

View on Zillow →

7950 NE Bayshore Ct Apt 709

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,183
Listed
Days on market

Asking rent: $3,534

View on Zillow →

7950 NE Bayshore Ct Apt 201

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,183
Listed
Days on market

Asking rent: $3,436

View on Zillow →

6445 NE 7th Ave Apt 209N

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage934
Listed
Days on market

Asking rent: $3,194

View on Zillow →

7950 NE Bayshore Ct Apt 301

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,219
Listed
Days on market

Asking rent: $3,631

View on Zillow →

7950 NE Bayshore Ct Apt 809

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,183
Listed
Days on market

Asking rent: $3,661

View on Zillow →

7950 NE Bayshore Ct Apt 1801

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,188
Listed
Days on market

Asking rent: $3,681

View on Zillow →

2000 Towerside Ter Apt 1103

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 2 ba
Square footage1,312
Listed2026-08-31
Days on market

Asking rent: $4,000

View on Zillow →

1101 NE 80th St Apt 301

Miami, 33138 · rent comp

Bedrooms / bathrooms2 bd / 1 ba
Square footage900
Listed2026-09-01
Days on market

Asking rent: $2,400

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
1200 NE 105th St Apt 27condos22960$350,0002026-08-27
8925 NE 4 Avenue Rd Unit 8925condos22954$250,0002026-08-18
4000 Towerside Ter Apt 2005condos221,456$345,0002026-08-13
7751 NE Bayshore Ct Apt 7Bcondos221,203$385,0002026-07-30
780 NE 69th St Apt 2201condos221,316$575,0002026-07-27
8950 NE 8th Ave Apt 402condos22853$257,0002026-07-23
2000 Towerside Ter Apt 1806condos221,520$305,0002026-07-22
1000 Quayside Ter Apt 1404condos221,312$300,0002026-07-17
1000 Quayside Ter Apt 1402condos221,544$235,0002026-07-17
4000 Towerside Ter Apt 2111condos221,469$300,0002026-06-30
720 NE 62nd St Apt 403condos221,177$619,0002026-06-16
680 NE 64th St Unit APH6condos221,089$420,0002026-06-16
4000 Towerside Ter Apt 1712condos221,469$360,0002026-06-11
777 NE 62nd St Apt C203condos21926$475,0002026-06-05
720 NE 69th St Apt 11Scondos232,957$1,500,0002026-05-29
652 NE 63rd St Apt 403condos22945$445,0002026-05-28
2000 Towerside Ter Apt 1407condos221,535$315,0002026-05-22
680 NE 64th St Unit APH2condos221,089$495,0002026-05-20
2000 Towerside Ter Ph 3condos221,312$225,0002026-05-12
2000 Towerside Ter Apt 1905condos221,520$285,0002026-05-12
8950 NE 8th Ave Apt 506condos22932$259,0002026-05-06
4000 Towerside Ter Apt 1503condos221,268$275,0002026-05-01
7801 NE 4th Ct Apt 516condos22967$184,0002026-04-22
750 NE 64th St Apt B308condos22990$441,0002026-04-21
8930 NE 8th Ave Unit 901condos221,045$450,0002026-04-08
1700 NE 105th St Apt 412condos221,154$235,0002026-03-27
2000 Towerside Ter Apt 1512condos221,538$500,0002026-03-25
4000 Towerside Ter Apt 1209condos221,268$357,0002026-03-23
680 NE 64th St Unit APH3condos221,080$590,0002026-03-16
720 NE 69th St Apt 9Wcondos231,763$595,0002026-03-13
1000 Quayside Te Unit 410condos221,312$220,0002026-03-10
4000 Towerside Ter Apt 805condos221,456$335,0002026-03-05
720 NE 62nd St Apt 103condos221,098$610,0002026-03-04
1700 NE 105th St Apt 203condos221,200$280,0002026-03-04
1000 Quayside Ter Ph 9condos221,312$255,0002026-02-18
4000 Towerside Ter Apt 1005condos221,456$350,0002026-02-13
1603 NE 105th St Unit 3-9condos231,507$450,0002026-02-12
2000 Towerside Ter Apt 610condos221,312$265,0002026-02-06
1000 Quayside Ter Ph 5condos221,520$435,0002026-01-16
1000 Quayside Te Unit 509condos221,312$220,0002026-01-15
8713 NE 4th Avenue Rd Unit 8713condos22954$255,0002025-12-10
1000 Quayside Ter Apt TS11condos221,538$420,0002025-12-09
7825 NE Bayshore Ct Apt 504condos22768$310,0002025-12-03
715 NE 91st St Unit 2Acondos22861$285,0002025-12-01
4000 Towerside Ter Apt 1704condos221,268$350,0002025-11-18
1000 Quayside Ter Apt 1909condos221,312$330,0002025-11-03
2000 Towerside Ter Apt 1111condos221,538$260,0002025-10-30
726 NE 92nd St Apt 12Lcondos21894$312,0002025-10-23
4000 Towerside Ter Apt 610condos221,268$284,0002025-10-15
7801 NE 4th Ct Apt 317condos23972$205,0002025-10-06

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.

AddressTypeBedsBathsSqftAsking priceDays on market
830 NE 72nd Stsingle_family221,053$1,250,000
4000 Towerside Ter Apt 308condos221,465$397,000
780 NE 69th St Apt 1210condos221,316$550,000
634 NE 72nd Tersingle_family211,530$1,099,000
780 NE 69th St Apt 808condos221,219$419,000
446 NE 64th Stsingle_family221,024$799,000
801 NE 70th Stsingle_family21962$995,000
6220 NE Miami Plsingle_family21880$1,800,000

10-year hold projection

IRR-3.9%
Equity multiple0.35x
Total return (10yr)-$9,605
YearProperty valueNOICash flowLoan balanceEquity
1$305,910$4,270-$15,882$235,024$70,886
2$315,087$4,545-$15,653$232,271$82,816
3$324,540$4,832-$15,413$229,329$95,211
4$334,276$5,131-$15,162$226,185$108,091
5$344,304$5,443-$14,899$222,825$121,480
6$354,634$5,769-$14,624$219,234$135,399
7$365,273$6,108-$14,336$215,397$149,876
8$376,231$6,462-$14,035$211,296$164,935
9$387,518$6,831-$13,721$206,914$180,604
10$399,143$7,215-$13,393$202,230$196,913
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.