| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,500,000 |
| Down payment (20.0%) | $300,000 |
| Loan amount | $1,200,000 |
| Closing costs (5.0%) | $75,000 |
| Total cash to close | $375,000 |
| 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) | $2,375$28,500 |
| Insurance (placeholder 0.8% of price) | $1,000$12,000 |
| HOA dues | $33$396 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $210$2,520 |
| Total operating expenses | $3,618$43,416 |
| 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 | — |
| 15331 Durnford Dr | single_family | 4 | 3 | 1,974 | $990,000 | — |
| 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 | $1,545,000 | $2,952 | -$92,106 | $1,186,989 | $358,011 |
| 2 | $1,591,350 | $3,258 | -$91,864 | $1,173,085 | $418,265 |
| 3 | $1,639,091 | $3,578 | -$91,608 | $1,158,226 | $480,864 |
| 4 | $1,688,263 | $3,913 | -$91,339 | $1,142,347 | $545,916 |
| 5 | $1,738,911 | $4,264 | -$91,055 | $1,125,377 | $613,534 |
| 6 | $1,791,078 | $4,632 | -$90,757 | $1,107,242 | $683,836 |
| 7 | $1,844,811 | $5,017 | -$90,444 | $1,087,862 | $756,949 |
| 8 | $1,900,155 | $5,419 | -$90,115 | $1,067,151 | $833,004 |
| 9 | $1,957,160 | $5,839 | -$89,769 | $1,045,017 | $912,143 |
| 10 | $2,015,875 | $6,279 | -$89,406 | $1,021,364 | $994,511 |