| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $662,500 |
| Down payment (20.0%) | $132,500 |
| Loan amount | $530,000 |
| Closing costs (5.0%) | $33,125 |
| Total cash to close | $165,625 |
| Income | |
| Rent (comp-derived) | $3,600$43,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,312$39,744 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,049$12,588 |
| Insurance (placeholder 0.8% of price) | $442$5,300 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $180$2,160 |
| Total operating expenses | $1,671$20,048 |
| 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) | $180$2,160 |
| 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 | 1,404 | $3,150 | 2026-08-27 | — | |
| single_family | 4 | 2 | 1,200 | $3,250 | 2026-08-24 | — | |
| single_family | 4 | 2 | 1,328 | $3,600 | 2026-06-09 | — | |
| single_family | 4 | 3 | 1,440 | $6,000 | 2026-08-19 | — | |
| single_family | 4 | 2 | 1,476 | $4,600 | 2026-05-08 | — | |
| single_family | 4 | 2 | 1,459 | $4,999 | 2026-04-07 | — | |
| single_family | 4 | 2 | 1,460 | $3,300 | 2025-11-26 | — | |
| single_family | 4 | 3 | 1,260 | $4,950 | 2026-07-17 | — | |
| single_family | 4 | 2 | 1,290 | $3,300 | 2026-03-11 | — |
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 |
|---|---|---|---|---|---|---|
| 1120 S 28th Ave | single_family | 4 | 2 | 1,574 | $550,000 | 2026-08-28 |
| 1610 S 22nd Ave | single_family | 4 | 2 | 1,335 | $455,000 | 2026-08-26 |
| 2857 Adams St | single_family | 4 | 2 | 1,418 | $575,000 | 2026-08-14 |
| 2633 NW Taft St | single_family | 4 | 3 | 1,571 | $615,000 | 2026-08-07 |
| 2701 Scott St | single_family | 4 | 2 | 1,565 | $817,000 | 2026-07-30 |
| 2649 Scott St | single_family | 4 | 3 | 2,022 | $970,000 | 2026-07-02 |
| 2831 Monroe St | single_family | 4 | 3 | 1,594 | $584,000 | 2026-05-29 |
| 1628 Monroe St | single_family | 4 | 3 | 2,674 | $1,050,000 | 2026-05-05 |
| 1425 S 25th Ave | single_family | 4 | 2 | 1,756 | $552,000 | 2026-04-30 |
| 2708 Adams St | single_family | 4 | 2 | 1,650 | $505,000 | 2026-04-15 |
| 2815 Madison St | single_family | 4 | 2 | 1,345 | $437,000 | 2026-04-14 |
| 2631 Wilson St | single_family | 4 | 2 | 1,671 | $520,000 | 2026-03-25 |
| 2630 McKinley St | single_family | 4 | 3 | 2,640 | $595,000 | 2026-02-25 |
| 2318 Washington St | single_family | 4 | 2 | 1,463 | $445,000 | 2026-02-10 |
| 2314 N 26th Ave | single_family | 4 | 2 | 1,409 | $438,000 | 2026-01-28 |
| 1418 Jefferson St | single_family | 4 | 4 | 2,116 | $1,250,000 | 2026-01-12 |
| 1429 Rodman St | single_family | 4 | 4 | 2,513 | $810,000 | 2026-01-05 |
| 2642 Monroe St | single_family | 4 | 3 | 2,471 | $577,500 | 2025-12-26 |
| 500 N 26th Ave | single_family | 4 | 3 | 2,895 | $250,000 | 2025-12-24 |
| 2112 N 14th Ter | single_family | 4 | 2 | 1,467 | $575,000 | 2025-12-22 |
| 1623 Mayo St | single_family | 4 | 5 | 3,285 | $865,000 | 2025-12-11 |
| 2230 Farragut St | single_family | 4 | 3 | — | $499,000 | 2025-12-04 |
| 1443 Harrison St | single_family | 4 | 3 | 2,628 | $1,199,000 | 2025-11-26 |
| 2550 Adams St | single_family | 4 | 3 | 1,877 | $689,000 | 2025-11-18 |
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 |
|---|---|---|---|---|---|---|
| 2327 Freedom St | single_family | 4 | 2 | 1,352 | $330,000 | — |
| 2665 Johnson St | single_family | 4 | 3 | 2,030 | $979,000 | — |
| 2619 Arthur St | single_family | 4 | 3 | 2,708 | $689,000 | — |
| 2701 Garfield St | single_family | 4 | 2 | 1,151 | $564,000 | — |
| 425 S 15th Ave | single_family | 4 | 2 | 2,156 | $765,000 | — |
| 1935 Arthur St | single_family | 4 | 2 | 1,385 | $649,000 | — |
| 1443 Funston St | single_family | 4 | 4 | 2,767 | $2,995,000 | — |
| 1928 Adams St | multi_family | 4 | 2 | 1,755 | $550,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $682,375 | $19,697 | -$23,335 | $524,254 | $158,121 |
| 2 | $702,846 | $20,388 | -$22,697 | $518,113 | $184,734 |
| 3 | $723,932 | $21,102 | -$22,038 | $511,550 | $212,382 |
| 4 | $745,650 | $21,840 | -$21,357 | $504,537 | $241,113 |
| 5 | $768,019 | $22,604 | -$20,652 | $497,042 | $270,977 |
| 6 | $791,060 | $23,392 | -$19,923 | $489,032 | $302,028 |
| 7 | $814,791 | $24,207 | -$19,169 | $480,473 | $334,319 |
| 8 | $839,235 | $25,050 | -$18,389 | $471,325 | $367,910 |
| 9 | $864,412 | $25,921 | -$17,582 | $461,549 | $402,863 |
| 10 | $890,345 | $26,820 | -$16,748 | $451,103 | $439,242 |