| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $565,000 |
| Down payment (20.0%) | $113,000 |
| Loan amount | $452,000 |
| Closing costs (5.0%) | $28,250 |
| Total cash to close | $141,250 |
| Income | |
| Rent (estimate) | $6,288$75,451 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,785$69,415 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $895$10,735 |
| Insurance (placeholder 0.8% of price) | $377$4,520 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $314$3,773 |
| Total operating expenses | $1,586$19,028 |
| 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) | $314$3,773 |
| 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.
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 |
|---|---|---|---|---|---|---|
| 3001 NW 22nd Ct | multi_family | 5 | 3 | 1,855 | $630,000 | 2026-04-10 |
| 2967 NW 30th St | multi_family | 5 | 3 | 2,916 | $520,000 | 2026-04-07 |
| 9596861224 | multi_family | 5 | 3 | 1,855 | $630,000 | 2026-03-27 |
| 3011 NW 14th Ave | multi_family | 5 | 3 | 1,866 | $620,000 | 2026-03-12 |
| 2121 NW 27th St | multi_family | 5 | 3 | 2,248 | $350,000 | 2025-12-16 |
| 2501 NW 24th Ct | multi_family | 5 | 1 | 2,000 | $625,000 | 2025-12-01 |
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 |
|---|---|---|---|---|---|---|
| 4245 NW 24th Ave | multi_family | 5 | 2 | 1,701 | $609,000 | — |
| 4769 NW 17th Ave | multi_family | 5 | 4 | 2,242 | $625,000 | — |
| 3389 NW 14th Ave | multi_family | 5 | 3 | 2,241 | $995,000 | — |
| 1274 NW 55th Ter | single_family | 5 | 4 | 2,292 | $760,000 | — |
| 2428 NW 28th St | multi_family | 5 | 3 | 1,662 | $649,000 | — |
| 1436 NW 51st Ter | multi_family | 5 | 2 | 1,548 | $598,900 | — |
| 1490/1492 NW 38th St | multi_family | 5 | 3 | 1,840 | $585,000 | — |
| 1523 NW 38th St | single_family | 5 | 2 | 1,472 | $615,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $581,950 | $50,387 | $11,758 | $447,099 | $134,851 |
| 2 | $599,409 | $51,994 | $13,271 | $441,862 | $157,546 |
| 3 | $617,391 | $53,651 | $14,832 | $436,265 | $181,125 |
| 4 | $635,912 | $55,361 | $16,442 | $430,284 | $205,628 |
| 5 | $654,990 | $57,124 | $18,104 | $423,892 | $231,098 |
| 6 | $674,640 | $58,943 | $19,818 | $417,061 | $257,578 |
| 7 | $694,879 | $60,819 | $21,587 | $409,762 | $285,117 |
| 8 | $715,725 | $62,753 | $23,413 | $401,960 | $313,765 |
| 9 | $737,197 | $64,749 | $25,297 | $393,623 | $343,573 |
| 10 | $759,313 | $66,807 | $27,240 | $384,714 | $374,599 |