7355 Poinciana Ct

Miami Lakes, FL 33014 · single_family · Pending — under contract · 199 days on market
Asking price$935,000
5 beds 3 baths 2,209 sqft
Suggested offer$787,980$147,020 above the est. market value of $787,980.
View on Realtor.com →
Listed by Maria Escandell · MiMo Realty Group
Typesingle_family
Built1968
Price / sqft$423
Est. value (own analysis)$787,980
Rent estimate (own analysis)$5,950/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-02-16
Removed date
MLSMiamiMLS #A11965964
Coordinates25.90532, -80.31965
Address7355 Poinciana Ct
CityMiami Lakes
StateFL
Zip33014
Listing ID6297866397
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33014)

Typical home value (ZHVI)$442,718
Typical rent (ZORI)$2,327/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$935,000
Down payment (20.0%)$187,000
Loan amount$748,000
Closing costs (5.0%)$46,750
Total cash to close$233,750
Rent (comp-derived)$5,950$71,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$71,400
Vacancy rate (assumption) assumption8.0%

$71,400 × 8.0% = $5,712

Effective gross income$5,474$65,688
Property tax (placeholder 1.9% of price)$1,480$17,765
Insurance (placeholder 0.8% of price)$623$7,480
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$298$3,570
Total operating expenses$2,401$28,815
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$65,688
Total operating expenses derived$28,815

$65,688 − $28,815 = $36,873

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$748,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$748,000 amortized at 6.7% over 30 years = $4,807/mo

CapEx reserve (5.0% of GSR)$298$3,570
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$36,873
Annual debt service derived$57,682
Annual CapEx reserve assumption$3,570
Annual PMI assumption$0

($36,873 − $57,682 − $3,570 − $0) ÷ 12 = -$2,032

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$36,873
Purchase price data$935,000

$36,873 ÷ $935,000 = 3.9%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$24,379
Total cash to close derived$233,750

-$24,379 ÷ $233,750 = -10.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$36,873
Annual debt service derived$57,682

$36,873 ÷ $57,682 = 0.64

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$71,400
Purchase price data$935,000

($71,400 ÷ 12) ÷ $935,000 = 0.6%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$935,000
Gross scheduled rent (annual) comp$71,400

$935,000 ÷ $71,400 = 13.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$28,815
Effective gross income derived$65,688

$28,815 ÷ $65,688 = 43.9%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$28,815
Annual debt service derived$57,682
Annual PMI assumption$0
Gross scheduled rent (annual) comp$71,400

($28,815 + $57,682 + $0) ÷ $71,400 = 121.1%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family532,234$4,500
single_family532,145$5,9502026-08-28
single_family532,494$8,5002026-08-29

6895 Loch Ness Dr

Miami Lakes, 33014 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,234
Listed
Days on market

Asking rent: $4,500

View on Zillow →

9067 NW 169th St

Miami Lakes, 33018 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,145
Listed2026-08-28
Days on market

Asking rent: $5,950

View on Zillow →

Miami Lakes, 33016 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,494
Listed2026-08-29
Days on market

Asking rent: $8,500

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
1082 W 71st Stsingle_family522,807$800,0002026-06-22
7605 W 6th Avesingle_family522,215$699,9002026-04-30
955 W 72nd Plsingle_family542,374$575,0002026-03-30
1243 W 78th Stsingle_family532,092$750,0002026-03-30
8031 W 14th Ctsingle_family532,495$890,0002025-12-26
14940 Egan Lnsingle_family542,850$1,260,0002025-12-14
15950 W Prestwick Plsingle_family524,610$1,765,0002025-12-02
6860 Miami Lakes Drsingle_family532,227$925,0002025-11-17
5908098755single_family542,320$726,0002025-11-13
16100 W Prestwick Plsingle_family534,168$1,500,0002025-11-12
620 W 70th Plsingle_family522,159$660,0002025-10-02

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
8197 W 14th Ctsingle_family532,306$949,000
7850 W 16th Avesingle_family542,182$787,000
6750 White Oak Drsingle_family541,940$1,000,000
15761 Turnberry Drsingle_family533,724$2,450,000
16120 E Troon Cirsingle_family533,033$1,350,000
1314 W 77th Stsingle_family552,574$799,900

10-year hold projection

IRR3.3%
Equity multiple1.53x
Total return (10yr)$246,308
YearProperty valueNOICash flowLoan balanceEquity
1$963,050$36,873-$24,379$739,890$223,160
2$991,942$38,123-$23,218$731,223$260,718
3$1,021,700$39,415-$22,018$721,961$299,739
4$1,052,351$40,748-$20,778$712,063$340,288
5$1,083,921$42,126-$19,497$701,485$382,436
6$1,116,439$43,549-$18,172$690,181$426,258
7$1,149,932$45,018-$16,804$678,100$471,832
8$1,184,430$46,536-$15,390$665,190$519,240
9$1,219,963$48,103-$13,929$651,394$568,569
10$1,256,562$49,722-$12,419$636,650$619,912
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.