2160 NW 18th Ter
Miami, FL 33125 · multi_family · For Sale · 21 days on market
Asking price$1,180,000
5 beds 4 baths 2,552 sqft
Suggested offer$650,038$529,962 above the est. market value of $650,038.
View on Realtor.com →Listed by Nicole Trenk · Luxe Properties
Typemulti_family
Built1956
Price / sqft$462
Est. value (own analysis)$650,038
Rent estimate (building total, own analysis)$7,299/mo
HOANone
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Statusfor_sale
Listed date2026-08-13
Removed date—
MLSMiamiMLS #A12069712
Coordinates25.79220, -80.23045
Address2160 NW 18th Ter
CityMiami
StateFL
Zip33125
Listing ID6340580990
Sourceus-real-estate-listings, cached 2026-08-25
ZIP market snapshot (33125)
Typical home value (ZHVI)$466,681
Typical rent (ZORI)$2,360/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)
| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,180,000 |
| Down payment (20.0%) | $236,000 |
| Loan amount | $944,000 |
| Closing costs (5.0%) | $59,000 |
| Total cash to close | $295,000 |
| Income | |
| Rent (estimate) | $7,299$87,585 |
| Vacancy loss (8.0%) | |
| Effective gross income | $6,715$80,578 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,868$22,420 |
| Insurance (placeholder 0.8% of price) | $787$9,440 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $365$4,379 |
| Total operating expenses | $3,020$36,239 |
| 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) | $365$4,379 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Cap rate
Cash-on-cash
DSCR
Rent-to-price (1% rule)
Gross rent multiplier
Operating expense ratio
Break-even occupancy
Comparables
Same ZIP. Real active rental listings, used to derive the rent estimate above.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 1330 NW 5th St | multi_family | 5 | 5 | 2,690 | $1,100,000 | 2026-08-07 |
| 226 NW 16th Ave | multi_family | 5 | 1 | 2,637 | $470,000 | 2026-06-03 |
| 2029 NW 5th St | multi_family | 5 | 1 | 2,532 | $605,000 | 2026-04-21 |
| 1209 NW 33rd Ave | multi_family | 5 | 3 | 2,650 | $675,000 | 2026-02-27 |
| 1120 NW 32nd Ct | multi_family | 5 | 3 | 2,346 | $850,000 | 2025-08-29 |
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 |
|---|---|---|---|---|---|---|
| 1130-1132 NW 34th Ave | multi_family | 5 | 4 | 1,824 | $739,900 | — |
| 1845 NW 16th St | multi_family | 5 | 3 | 2,871 | $640,000 | — |
| 935 NW 22nd Ct | multi_family | 5 | 3 | 1,758 | $769,000 | — |
| 2930 NW 12th St | multi_family | 5 | 3 | 2,189 | $839,000 | — |
| 1055 NW 32nd Ct | multi_family | 5 | 4 | 2,287 | $1,199,000 | — |
| 1052 NW 25th Ave | multi_family | 5 | 3 | 1,950 | $699,000 | — |
| single_family | 5 | 3 | 1,675 | $1,244,000 | — | |
| 3435 NW 4th St | multi_family | 5 | 3 | 1,970 | $975,000 | — |
10-year hold projection
IRR2.8%
Equity multiple1.45x
Total return (10yr)$287,052
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,215,400 | $44,339 | -$32,837 | $933,765 | $281,635 |
| 2 | $1,251,862 | $45,850 | -$31,436 | $922,827 | $329,035 |
| 3 | $1,289,418 | $47,411 | -$29,987 | $911,138 | $378,280 |
| 4 | $1,328,100 | $49,024 | -$28,489 | $898,646 | $429,454 |
| 5 | $1,367,943 | $50,690 | -$26,941 | $885,297 | $482,647 |
| 6 | $1,408,982 | $52,410 | -$25,341 | $871,030 | $537,951 |
| 7 | $1,451,251 | $54,188 | -$23,688 | $855,784 | $595,467 |
| 8 | $1,494,789 | $56,024 | -$21,979 | $839,491 | $655,297 |
| 9 | $1,539,632 | $57,920 | -$20,213 | $822,080 | $717,553 |
| 10 | $1,585,821 | $59,878 | -$18,388 | $803,472 | $782,349 |
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.