1720 SW 11th Ter

Miami, FL 33135 · single_family · For Sale · 44 days on market
Asking price$1,150,000
4 beds 3 baths 2,052 sqft
Suggested offer$1,115,900$34,100 above the est. market value of $1,115,900.
View on Realtor.com →
Listed by Burak Kus · Related Realty, LLC.
Typesingle_family
Built
Price / sqft$560
Est. value (Realtor.com)$1,115,900
Rent estimate (own analysis)$5,200/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-07-21
Removed date
MLSMiamiMLS #A12057078
Coordinates25.76220, -80.22292
Address1720 SW 11th Ter
CityMiami
StateFL
Zip33135
Listing ID6337505468
Sourcerealtor, cached 2026-08-21

ZIP market snapshot (33135)

Typical home value (ZHVI)$531,790
Typical rent (ZORI)$2,051/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$1,150,000
Down payment (20.0%)$230,000
Loan amount$920,000
Closing costs (5.0%)$57,500
Total cash to close$287,500
Rent (comp-derived)$5,200$62,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$62,400
Vacancy rate (assumption) assumption8.0%

$62,400 × 8.0% = $4,992

Effective gross income$4,784$57,408
Property tax (real MLS tax bill, from Realtor Search)$875$10,500
Insurance (placeholder 0.8% of price)$767$9,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$260$3,120
Total operating expenses$1,902$22,820
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$57,408
Total operating expenses derived$22,820

$57,408 − $22,820 = $34,588

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$920,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$920,000 amortized at 6.7% over 30 years = $5,912/mo

CapEx reserve (5.0% of GSR)$260$3,120
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$34,588
Annual debt service derived$70,946
Annual CapEx reserve assumption$3,120
Annual PMI assumption$0

($34,588 − $70,946 − $3,120 − $0) ÷ 12 = -$3,290

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$34,588
Purchase price data$1,150,000

$34,588 ÷ $1,150,000 = 3.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$39,478
Total cash to close derived$287,500

-$39,478 ÷ $287,500 = -13.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$34,588
Annual debt service derived$70,946

$34,588 ÷ $70,946 = 0.49

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$62,400
Purchase price data$1,150,000

($62,400 ÷ 12) ÷ $1,150,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,150,000
Gross scheduled rent (annual) comp$62,400

$1,150,000 ÷ $62,400 = 18.4

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$22,820
Effective gross income derived$57,408

$22,820 ÷ $57,408 = 39.8%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$22,820
Annual debt service derived$70,946
Annual PMI assumption$0
Gross scheduled rent (annual) comp$62,400

($22,820 + $70,946 + $0) ÷ $62,400 = 150.3%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family421,486$4,5002026-07-27
single_family432,075$8,7502026-05-21
single_family432,225$5,2002026-04-07
single_family432,122$6,200
single_family421,645$4,150

3200 SW 2nd St Unit 0

Miami, 33135 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,486
Listed2026-07-27
Days on market

Asking rent: $4,500

View on Zillow →

1852 SW 10th St

Miami, 33135 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,075
Listed2026-05-21
Days on market

Asking rent: $8,750

View on Zillow →

2612 SW 12th St Unit Main

Miami, 33135 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,225
Listed2026-04-07
Days on market

Asking rent: $5,200

View on Zillow →

1687 SW 11th St

Miami, 33135 · rent comp

Bedrooms / bathrooms4 bd / 3 ba
Square footage2,122
Listed
Days on market

Asking rent: $6,200

View on Zillow →

3330 SW 2nd St

Miami, 33135 · rent comp

Bedrooms / bathrooms4 bd / 2 ba
Square footage1,645
Listed
Days on market

Asking rent: $4,150

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
1121 SW 36th Avesingle_family431,386$600,0002026-08-31
2311 SW 2nd Stsingle_family421,976$750,0002026-07-30
1837 SW 11th Tersingle_family432,428$971,0002026-07-13
2006 SW 12th Stsingle_family432,460$1,250,0002026-06-03
1720 SW 12th Stsingle_family431,949$1,050,0002026-04-15
2363 SW 11th Tersingle_family421,426$840,0002026-04-13
1200 SW 23rd Ctsingle_family442,673$1,740,0002026-04-10
2220 SW 12th Stsingle_family431,820$670,0002026-01-30
1785 SW 10th Stsingle_family431,965$925,0002026-01-29
1877 SW 6th Stsingle_family421,594$535,0002025-12-29
3660 SW 12th Stsingle_family443,104$1,780,0002025-12-17
1020 SW 33rd Avesingle_family421,326$660,0002025-12-09
1020 SW 31st Avesingle_family431,743$824,0002025-10-22
3202 SW 3rd Stsingle_family421,908$700,0002025-10-21
1959 SW 12th Stsingle_family431,762$820,0002025-10-02
2225 SW 11th Tersingle_family431,603$600,0002025-09-25
1130 SW 23rd Avesingle_family452,328$1,370,0002025-09-24

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
1223 SW 12th Ct Unit 1223condos453,103$1,750,000
1667 SW 10th Stsingle_family432,004$1,250,000
2427 SW 12th Stsingle_family431,900$1,185,000
1621 SW 11th Tersingle_family442,446$2,300,000
1468 SW 2nd Stmulti_family431,856$650,000
2940 SW 12th Stsingle_family432,512$1,299,000
1642 SW 12th Stsingle_family442,984$1,395,000
2355 SW 1st Stsingle_family421,592$630,000

10-year hold projection

IRR0.9%
Equity multiple1.14x
Total return (10yr)$190,501
YearProperty valueNOICash flowLoan balanceEquity
1$1,184,500$34,588-$39,478$910,025$274,475
2$1,220,035$35,740-$38,404$899,365$320,670
3$1,256,636$36,929-$37,295$887,973$368,663
4$1,294,335$38,157-$36,149$875,799$418,536
5$1,333,165$39,424-$34,966$862,789$470,376
6$1,373,160$40,733-$33,743$848,885$524,275
7$1,414,355$42,084-$32,480$834,027$580,328
8$1,456,786$43,479-$31,176$818,148$638,637
9$1,500,489$44,919-$29,829$801,179$699,310
10$1,545,504$46,405-$28,437$783,045$762,459
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.