2513 Lincoln St

Hollywood, FL 33020 · single_family · For Sale · 33 days on market
Asking price$890,000
5 beds 5 baths 4,544 sqft
View on Realtor.com →
Listed by Simon Goldenberg · Canvas Real Estate
Typesingle_family
Built1958
Price / sqft$196
Est. value (own analysis)$1,892,339
Rent estimate (own analysis)$7,999/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-07-31
Removed date
MLSMiamiMLS #A12058566
Coordinates26.01767, -80.15788
Address2513 Lincoln St
CityHollywood
StateFL
Zip33020
Listing ID6355820899
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33020)

Median sale price$489,000
Median days on market (sale)94
Active sale listings625
Median rent$2,000/mo
Median days on market (rent)33
Active rental listings1144
Real ZIP-wide statistics from RentCast, as of 2026-09 (fetched 2026-09-03) — this is the whole ZIP's market, not specific to this property. Re-analyzing spends one of the account's 50 free monthly lookups. Our own log shows at least 6 of the 50 free monthly RentCast requests used — that only counts calls made through this app, so it can undercount. RentCast's own account dashboard has the real total.
Re-analyze ZIP 33020 (≥6 of 50 per our log)

Underwriting (buy-and-hold, default assumptions)

Purchase price$890,000
Down payment (20.0%)$178,000
Loan amount$712,000
Closing costs (5.0%)$44,500
Total cash to close$222,500
Rent (comp-derived)$7,999$95,988
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$95,988
Vacancy rate (assumption) assumption8.0%

$95,988 × 8.0% = $7,679

Effective gross income$7,359$88,309
Property tax (placeholder 1.9% of price)$1,409$16,910
Insurance (est. scaled by flood & wind risk)$890$10,680
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$400$4,799
Total operating expenses$2,699$32,389
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$88,309
Total operating expenses derived$32,389

$88,309 − $32,389 = $55,920

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$712,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$712,000 amortized at 6.7% over 30 years = $4,576/mo

CapEx reserve (5.0% of GSR)$400$4,799
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$55,920
Annual debt service derived$54,906
Annual CapEx reserve assumption$4,799
Annual PMI assumption$0

($55,920 − $54,906 − $4,799 − $0) ÷ 12 = -$315

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$55,920
Purchase price data$890,000

$55,920 ÷ $890,000 = 6.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$3,786
Total cash to close derived$222,500

-$3,786 ÷ $222,500 = -1.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$55,920
Annual debt service derived$54,906

$55,920 ÷ $54,906 = 1.02

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$95,988
Purchase price data$890,000

($95,988 ÷ 12) ÷ $890,000 = 0.9%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$890,000
Gross scheduled rent (annual) comp$95,988

$890,000 ÷ $95,988 = 9.3

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$32,389
Effective gross income derived$88,309

$32,389 ÷ $88,309 = 36.7%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$32,389
Annual debt service derived$54,906
Annual PMI assumption$0
Gross scheduled rent (annual) comp$95,988

($32,389 + $54,906 + $0) ÷ $95,988 = 90.9%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family532,267$6,6002026-05-30
single_family521,750$8,9502025-12-02
single_family531,825$7,9992025-05-16

1110 S 14th Ave

Hollywood, 33020 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage2,267
Listed2026-05-30
Days on market

Asking rent: $6,600

View on Zillow →

1640 Jefferson St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms5 bd / 2 ba
Square footage1,750
Listed2025-12-02
Days on market

Asking rent: $8,950

View on Zillow →

2828 Cleveland St

Hollywood, 33020 · rent comp

Bedrooms / bathrooms5 bd / 3 ba
Square footage1,825
Listed2025-05-16
Days on market

Asking rent: $7,999

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
1426 Coolidge Stsingle_family531,759$740,0002026-06-16
1600 Van Buren Stsingle_family532,818$700,0002026-03-30
1421 Tyler Stsingle_family545,715$2,380,0002026-01-30

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
2703 Adams Stsingle_family532,856$859,000
2827 Arthur Stsingle_family532,242$869,000
2546 Coolidge Stmulti_family532,063$450,000
1515 Dewey Stsingle_family53$949,000
1704 Rodman Stsingle_family544,753$1,099,000
2844 Funston Stsingle_family522,193$599,900
1220 S 29th Avesingle_family551,788$747,777
1110 S 29th Avemulti_family542,128$725,000

10-year hold projection

IRR9.8%
Equity multiple2.54x
Total return (10yr)$458,739
YearProperty valueNOICash flowLoan balanceEquity
1$916,700$55,920-$3,786$704,280$212,420
2$944,201$57,759-$2,066$696,031$248,170
3$972,527$59,658-$291$687,214$285,313
4$1,001,703$61,618$1,543$677,793$323,910
5$1,031,754$63,641$3,437$667,724$364,030
6$1,062,707$65,729$5,393$656,964$405,743
7$1,094,588$67,884$7,412$645,465$449,123
8$1,127,425$70,108$9,497$633,176$494,249
9$1,161,248$72,404$11,650$620,044$541,204
10$1,196,086$74,773$13,873$606,009$590,076
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.