| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $483,000 |
| Down payment (20.0%) | $96,600 |
| Loan amount | $386,400 |
| Closing costs (5.0%) | $24,150 |
| Total cash to close | $120,750 |
| Income | |
| Rent (comp-derived) | $3,500$42,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,220$38,640 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $765$9,177 |
| Insurance (est. scaled by flood & wind risk) | $483$5,796 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $175$2,100 |
| Total operating expenses | $1,423$17,073 |
| 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) | $175$2,100 |
| 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 | 3 | 1 | 1,345 | $3,000 | 2026-07-02 | — | |
| single_family | 3 | 2 | 1,126 | $3,150 | 2026-07-31 | — | |
| single_family | 3 | 2 | 1,486 | $3,500 | 2026-07-28 | — | |
| single_family | 3 | 3 | 1,392 | $10,000 | — | — | |
| single_family | 3 | 2 | 1,518 | $3,595 | 2026-08-12 | — |
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 |
|---|---|---|---|---|---|---|
| 235 NW 45th Ave | single_family | 3 | 2 | 967 | $790,000 | 2026-08-05 |
| 4263 NW 5th St | single_family | 3 | 2 | 1,776 | $690,000 | 2026-08-05 |
| 191 NW 85th Pl | single_family | 3 | 3 | 1,427 | $596,000 | 2026-07-20 |
| 347 NW 57th Ct | single_family | 3 | 2 | 1,770 | $550,000 | 2026-07-15 |
| 4071 NW 6th St | single_family | 3 | 1 | 1,126 | $630,000 | 2026-07-07 |
| 153 NW 61st Ave | single_family | 3 | 2 | 1,590 | $610,000 | 2026-06-18 |
| 550 NW 58th Ave | single_family | 3 | 2 | 1,186 | $660,000 | 2026-06-05 |
| 300 Northwest Blvd | single_family | 3 | 3 | 1,336 | $585,000 | 2026-05-29 |
| 5651 NW 3rd St | single_family | 3 | 2 | 1,718 | $640,000 | 2026-04-30 |
| 225 NW 40th Ct | single_family | 3 | 4 | 2,080 | $725,000 | 2026-04-27 |
| 8510 NW 1st Ter | single_family | 3 | 2 | 1,570 | $615,000 | 2026-04-21 |
| 420 NW 44th Ave | single_family | 3 | 2 | 1,316 | $525,000 | 2026-04-17 |
| 223 NW 40th Ct | single_family | 3 | 4 | 4,160 | $715,000 | 2026-03-26 |
| 200 NW 65th Ave | single_family | 3 | 1 | 1,428 | $50,000 | 2026-03-17 |
| 210 NW 59th Ave | single_family | 3 | 2 | 1,500 | $670,000 | 2026-02-26 |
| 5250 NW 4th St | single_family | 3 | 2 | 1,192 | $650,000 | 2026-01-30 |
| 260 NW 52nd Ave | single_family | 3 | 1 | 1,165 | $450,000 | 2026-01-28 |
| 5271 NW 1st St | single_family | 3 | 2 | 1,648 | $630,000 | 2026-01-21 |
| 411 NW 53rd Ave | single_family | 3 | 1 | 990 | $515,000 | 2026-01-16 |
| 260 NW 60th Ct | single_family | 3 | 2 | 1,582 | $650,000 | 2026-01-15 |
| 410 NW 58th Ct | single_family | 3 | 2 | 2,130 | $425,000 | 2026-01-02 |
| 8508 NW 1st Ter | single_family | 3 | 3 | 1,187 | $510,000 | 2025-12-04 |
| 241 NW 46th Ave | single_family | 3 | 3 | 1,720 | $650,000 | 2025-11-12 |
| 250 NW 61st Ave | single_family | 3 | 2 | 1,172 | $588,500 | 2025-11-05 |
| 941 NW 40th Ave | single_family | 3 | 2 | 1,462 | $750,000 | 2025-10-31 |
| 261 NW 59th Ct | single_family | 3 | 2 | 2,145 | $600,000 | 2025-10-30 |
| 630 NW 60th Ct | single_family | 3 | 2 | 1,177 | $554,000 | 2025-10-24 |
| 22 NW 59th Ct | single_family | 3 | 2 | 1,762 | $540,000 | 2025-10-22 |
| 239 NW 57th Ct | single_family | 3 | 2 | 1,494 | $520,000 | 2025-10-09 |
| 260 NW 57th Ct | single_family | 3 | 2 | 1,290 | $600,000 | 2025-09-30 |
| 232 NW 58th Ct | single_family | 3 | 2 | 1,977 | $630,000 | 2025-09-18 |
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 |
|---|---|---|---|---|---|---|
| 380 NW 85th Pl Unit 1406 | condos | 3 | 3 | 1,560 | $478,000 | — |
| 10 NW 60th Ct | single_family | 3 | 2 | 1,563 | $669,900 | — |
| 229-230 NW 48th Ct | multi_family | 3 | 3 | 1,265 | $699,000 | — |
| 8356 NW 10th St Unit 6D | townhomes | 3 | 3 | 1,600 | $480,000 | — |
| 350 NW 58th Ave | single_family | 3 | 2 | 1,205 | $697,000 | — |
| 5170 NW 2nd St | single_family | 3 | 2 | 1,734 | $595,000 | — |
| 320 NW 61st Ave | single_family | 3 | 2 | 2,005 | $550,000 | — |
| 390 NW 86th Ct Unit 803 | townhomes | 3 | 3 | 1,560 | $464,900 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $497,490 | $21,567 | -$10,330 | $382,211 | $115,279 |
| 2 | $512,415 | $22,299 | -$9,650 | $377,733 | $134,681 |
| 3 | $527,787 | $23,056 | -$8,948 | $372,949 | $154,838 |
| 4 | $543,621 | $23,837 | -$8,222 | $367,836 | $175,785 |
| 5 | $559,929 | $24,644 | -$7,471 | $362,372 | $197,558 |
| 6 | $576,727 | $25,478 | -$6,695 | $356,532 | $220,195 |
| 7 | $594,029 | $26,339 | -$5,894 | $350,292 | $243,738 |
| 8 | $611,850 | $27,228 | -$5,066 | $343,622 | $268,227 |
| 9 | $630,205 | $28,146 | -$4,210 | $336,495 | $293,710 |
| 10 | $649,112 | $29,095 | -$3,325 | $328,879 | $320,233 |