8356 NW 10th St Unit 6D

Miami, FL 33126 · townhomes · For Sale · 15 days on market
Asking price$480,000
3 beds 3 baths 1,600 sqft
Suggested offer$467,000$13,000 above the est. market value of $467,000.
View on Realtor.com →
Listed by Hector Beltran · Florida Realty Of Miami Corp
Typetownhomes
Built
Price / sqft$300
Est. value (Realtor.com)$467,000
Rent estimate (own analysis)$3,175/mo
HOA$150/mo
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-08-18
Removed date
MLSMiamiMLS #A12063263
Coordinates25.77967, -80.33161
Address8356 NW 10th St Unit 6D
CityMiami
StateFL
Zip33126
Listing ID6309867190
Sourcerealtor, cached 2026-08-21

ZIP market snapshot (33126)

Typical home value (ZHVI)$303,717
Typical rent (ZORI)$2,370/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$480,000
Down payment (20.0%)$96,000
Loan amount$384,000
Closing costs (5.0%)$24,000
Total cash to close$120,000
Rent (comp-derived)$3,175$38,100
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$38,100
Vacancy rate (assumption) assumption8.0%

$38,100 × 8.0% = $3,048

Effective gross income$2,921$35,052
Property tax (real MLS tax bill, from Realtor Search)$610$7,319
Insurance (placeholder 0.8% of price)$320$3,840
HOA dues$150$1,800
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$159$1,905
Total operating expenses$1,239$14,864
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$35,052
Total operating expenses derived$14,864

$35,052 − $14,864 = $20,188

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$384,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$384,000 amortized at 6.7% over 30 years = $2,468/mo

CapEx reserve (5.0% of GSR)$159$1,905
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$20,188
Annual debt service derived$29,612
Annual CapEx reserve assumption$1,905
Annual PMI assumption$0

($20,188 − $29,612 − $1,905 − $0) ÷ 12 = -$944

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$20,188
Purchase price data$480,000

$20,188 ÷ $480,000 = 4.2%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$11,329
Total cash to close derived$120,000

-$11,329 ÷ $120,000 = -9.4%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$20,188
Annual debt service derived$29,612

$20,188 ÷ $29,612 = 0.68

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$38,100
Purchase price data$480,000

($38,100 ÷ 12) ÷ $480,000 = 0.7%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$480,000
Gross scheduled rent (annual) comp$38,100

$480,000 ÷ $38,100 = 12.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$14,864
Effective gross income derived$35,052

$14,864 ÷ $35,052 = 42.4%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$14,864
Annual debt service derived$29,612
Annual PMI assumption$0
Gross scheduled rent (annual) comp$38,100

($14,864 + $29,612 + $0) ÷ $38,100 = 116.7%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
townhomes331,580$3,3002026-08-11
townhomes331,174$2,8002026-07-07
townhomes331,550$3,1002026-06-11
townhomes331,600$3,0002026-05-12
townhomes331,600$3,2502026-07-29
townhomes331,560$3,3002026-09-01

390 NW 86th Pl Unit 201

Miami, 33126 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,580
Listed2026-08-11
Days on market

Asking rent: $3,300

View on Zillow →

415 NW 85th Pl Unit 1701

Miami, 33126 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,174
Listed2026-07-07
Days on market

Asking rent: $2,800

View on Zillow →

331 NW 82nd Ave Apt 1310

Miami, 33126 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,550
Listed2026-06-11
Days on market

Asking rent: $3,100

View on Zillow →

8356 NW 10th St Unit 6D

Miami, 33126 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,600
Listed2026-05-12
Days on market

Asking rent: $3,000

View on Zillow →

8360 NW 10th St Unit 9C

Miami, 33126 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,600
Listed2026-07-29
Days on market

Asking rent: $3,250

View on Zillow →

390 NW 86th Ct Unit 803

Miami, 33126 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,560
Listed2026-09-01
Days on market

Asking rent: $3,300

View on Zillow →

Widened to any bedroom count in ZIP. 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
8300 NW 10th Sttownhomes231,250$325,0002026-06-29
8300 NW 10th Sttownhomes331,460$460,0002026-06-22
8389 NW 8th Sttownhomes23952$375,0002026-06-16
8670 NW 6th Ln Unit 4-109townhomes22845$320,0002026-06-05
4519 NW 3th Sttownhomes443,180$760,0002026-04-29
8550 NW 3rd Ln Unit 304townhomes23979$332,0002026-03-31
8262 NW 5th Ln Apt 392townhomes22914$320,0002026-02-27
8430 NW 8th St Apt A11townhomes23970$280,0002026-01-28
8360 NW 8th St Unit 11-2townhomes231,150$270,0002025-12-22

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
380 NW 85th Pl Unit 1406condos331,560$478,000
10 NW 60th Ctsingle_family321,563$669,900
229-230 NW 48th Ctmulti_family331,265$699,000
350 NW 58th Avesingle_family321,205$697,000
5170 NW 2nd Stsingle_family321,734$595,000
320 NW 61st Avesingle_family322,005$550,000
333 NW 60th Avesingle_family321,167$483,000
390 NW 86th Ct Unit 803townhomes331,560$464,900

10-year hold projection

IRR4.0%
Equity multiple1.64x
Total return (10yr)$140,084
YearProperty valueNOICash flowLoan balanceEquity
1$494,400$20,188-$11,329$379,837$114,563
2$509,232$20,868-$10,697$375,387$133,845
3$524,509$21,570-$10,044$370,632$153,877
4$540,244$22,295-$9,368$365,551$174,693
5$556,452$23,044-$8,671$360,121$196,331
6$573,145$23,818-$7,950$354,317$218,828
7$590,339$24,616-$7,205$348,115$242,224
8$608,050$25,441-$6,436$341,488$266,562
9$626,291$26,292-$5,641$334,405$291,886
10$645,080$27,172-$4,820$326,836$318,244
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.