1792 SW 11th St

Miami, FL 33135 · multi_family · Pending — under contract · 104 days on market
Asking price$1,375,000
— beds — baths 5,294 sqft
View on Realtor.com →
Listed by Oscar Gastaudo · Florida Select Realty
Typemulti_family
Built1925
Price / sqft$260
Est. value (own analysis)$1,848,930
Rent estimate (building total, own analysis)$16,109/mo
HOANone
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Neighborhood

Show every detail
Statusfor_sale
Listed date2026-05-21
Removed date
MLSMiamiMLS #A12023296
Coordinates25.76292, -80.22425
Address1792 SW 11th St
CityMiami
StateFL
Zip33135
Listing ID6383279418
Sourceus-real-estate-listings, cached 2026-08-30

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$1,375,000
Down payment (20.0%)$275,000
Loan amount$1,100,000
Closing costs (5.0%)$68,750
Total cash to close$343,750
Rent (estimate)$16,109$193,308
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$193,308
Vacancy rate (assumption) assumption8.0%

$193,308 × 8.0% = $15,465

Effective gross income$14,820$177,843
Property tax (placeholder 1.9% of price)$2,177$26,125
Insurance (placeholder 0.8% of price)$917$11,000
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$805$9,665
Total operating expenses$3,899$46,790
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$177,843
Total operating expenses derived$46,790

$177,843 − $46,790 = $131,053

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$1,100,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$1,100,000 amortized at 6.7% over 30 years = $7,069/mo

CapEx reserve (5.0% of GSR)$805$9,665
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$131,053
Annual debt service derived$84,827
Annual CapEx reserve assumption$9,665
Annual PMI assumption$0

($131,053 − $84,827 − $9,665 − $0) ÷ 12 = $3,047

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$131,053
Purchase price data$1,375,000

$131,053 ÷ $1,375,000 = 9.5%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived$36,561
Total cash to close derived$343,750

$36,561 ÷ $343,750 = 10.6%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$131,053
Annual debt service derived$84,827

$131,053 ÷ $84,827 = 1.54

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$193,308
Purchase price data$1,375,000

($193,308 ÷ 12) ÷ $1,375,000 = 1.2%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$1,375,000
Gross scheduled rent (annual) comp$193,308

$1,375,000 ÷ $193,308 = 7.1

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$46,790
Effective gross income derived$177,843

$46,790 ÷ $177,843 = 26.3%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$46,790
Annual debt service derived$84,827
Annual PMI assumption$0
Gross scheduled rent (annual) comp$193,308

($46,790 + $84,827 + $0) ÷ $193,308 = 68.1%

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
1200 SW 31st Avemulti_family2,079$1,050,0002026-08-31
3501 SW 12th Stmulti_family2,430$930,0002026-08-28
3431-3433 SW 4th Stmulti_family3,429$1,150,0002026-08-28
3230 SW 4th Stmulti_family4,135$1,130,0002026-08-10
700 SW 33rd Avemulti_family522,648$1,355,0002026-08-03
333 SW 30th Avemulti_family2,231$730,0002026-08-03
2416 SW 12th Stmulti_family422,588$867,5002026-07-31
240 Beacom Blvdmulti_family422,540$500,0002026-07-29
2600 SW 2nd Stmulti_family2,625$700,0002026-07-27
1233 SW 13th Avemulti_family665,136$1,555,0002026-07-22
1487 SW 4th Stmulti_family884,480$2,000,0002026-07-21
2722 SW 5th Stmulti_family441,952$870,0002026-07-09
2930 SW 11th Stmulti_family441,986$882,0002026-07-02
3300-3302 SW 10th Stmulti_family3,282$844,0002026-06-30
120 SW 20th Avemulti_family662,304$881,2502026-06-26
3270 SW 7th Stmulti_family2,752$960,0002026-06-18
1232 SW 30th Plmulti_family1,344$738,0002026-06-15
710 SW 33rd Avemulti_family2,982$1,355,0002026-06-15
414 SW 15th Avemulti_family$1,200,0002026-06-11
1212-1214 SW 30th Ctmulti_family1,623$775,0002026-05-29
900 SW 22nd Avemulti_family421,832$650,0002026-05-22
1293 SW 22nd Avemulti_family532,025$1,140,0002026-05-19
200 SW 20th Avemulti_family641,990$666,0002026-05-19
2101 SW 6th Stmulti_family843,250$975,0002026-05-13
901 SW 34th Avemulti_family1,392$580,0002026-05-05
2222 SW 2nd Stmulti_family532,769$550,0002026-04-27
2915 SW 4th Stmulti_family2,320$875,0002026-04-15
1721 SW 11th Termulti_family844,461$1,520,0002026-04-02
635 SW 19th Avemulti_family553,419$855,0002026-04-01
1666-1668 SW 9th Stmulti_family2,212$980,0002026-03-25
1334 SW 4th Stmulti_family2,651$725,0002026-03-24
950 SW 13th Ctmulti_family2,068$738,0002026-03-19
327 SW 13th Avemulti_family3,381$1,100,0002026-03-16
1345 SW 3rd Stmulti_family1264,548$1,650,0002026-02-24
1632 SW 7th Stmulti_family652,793$5,550,0002026-01-23
1642 SW 7th Stmulti_family883,180$5,550,0002026-01-23
1558 SW 3rd Stmulti_family1044,414$754,4252026-01-07
2472 SW 10th Stmulti_family763,782$3,040,0002026-01-06
312 SW 32nd Avemulti_family2,960$950,0002025-12-22
1554 SW 5th Stmulti_family$2,287,5002025-12-18
1640 SW 4th Stmulti_family552,395$4,250,0002025-12-18
415 SW 32nd Avemulti_family885,682$2,682,4002025-12-01
417 SW 32nd Ave Apt 4multi_family885,682$2,682,4002025-12-01
2737 SW 2nd Stmulti_family885,188$1,600,0002025-12-01
3340 SW 7th Stmulti_family2,549$840,0002025-11-30
1475 SW 7th Stmulti_family843,638$1,150,0002025-11-26
831 SW 14th Avemulti_family3,356$820,0002025-11-21
1678 SW 11th Stmulti_family4,900$1,200,0002025-11-18
2916-2918 SW 3rd Stmulti_family2,388$835,0002025-11-12
2500 SW 11th Stmulti_family2,550$875,0002025-11-12

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.

No other cached listings nearby for this bedroom count yet.

10-year hold projection

IRR19.6%
Equity multiple3.95x
Total return (10yr)$1,194,646
YearProperty valueNOICash flowLoan balanceEquity
1$1,416,250$131,053$36,561$1,088,073$328,177
2$1,458,738$135,218$40,485$1,075,328$383,410
3$1,502,500$139,515$44,533$1,061,707$440,792
4$1,547,575$143,946$48,711$1,047,151$500,423
5$1,594,002$148,516$53,021$1,031,596$562,406
6$1,641,822$153,230$57,468$1,014,972$626,850
7$1,691,077$158,092$62,056$997,206$693,870
8$1,741,809$163,106$66,790$978,221$763,588
9$1,794,063$168,277$71,674$957,931$836,132
10$1,847,885$173,610$76,713$936,249$911,636
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.