| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $715,000 |
| Down payment (20.0%) | $143,000 |
| Loan amount | $572,000 |
| Closing costs (5.0%) | $35,750 |
| Total cash to close | $178,750 |
| Income | |
| Rent (comp-derived) | $4,600$55,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,232$50,784 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,132$13,585 |
| Insurance (est. scaled by flood & wind risk) | $930$11,154 |
| HOA dues | $255$3,060 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $230$2,760 |
| Total operating expenses | $2,547$30,559 |
| 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) | $230$2,760 |
| 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 | 5 | 4 | 3,105 | $4,600 | 2026-06-25 | — | |
| single_family | 5 | 3 | 2,666 | $4,000 | 2026-07-30 | — | |
| single_family | 5 | 4 | 3,033 | $5,000 | 2026-08-04 | — | |
| single_family | 5 | 4 | 3,567 | $5,500 | 2026-06-03 | — | |
| single_family | 5 | 4 | 3,150 | $4,700 | 2026-08-17 | — | |
| single_family | 5 | 4 | 3,105 | $4,500 | 2026-07-02 | — | |
| single_family | 5 | 4 | 3,033 | $4,500 | 2026-06-05 | — | |
| single_family | 5 | 3 | 2,905 | $4,400 | 2026-08-14 | — | |
| single_family | 5 | 4 | 3,033 | $5,000 | — | — |
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 |
|---|---|---|---|---|---|---|
| 2987 SE 25th Ave | single_family | 5 | 4 | 3,105 | $770,440 | 2026-08-31 |
| 2727 SE 24th Dr | single_family | 5 | 3 | 2,656 | $650,765 | 2026-08-27 |
| 2835 Fairways Dr | single_family | 5 | 4 | 2,460 | $550,000 | 2026-08-21 |
| 2910 Fairways Dr | single_family | 5 | 3 | 2,973 | $735,000 | 2026-08-07 |
| 2750 SE 25th Ct | single_family | 5 | 3 | 2,656 | $642,591 | 2026-07-29 |
| 1387 SE 26th Ter | single_family | 5 | 3 | 2,905 | $500,000 | 2026-06-01 |
| 1433 SE 27th Ter | single_family | 5 | 3 | 2,905 | $540,000 | 2026-05-12 |
| 2408 SE 27th Ter | single_family | 5 | 3 | 2,666 | $612,800 | 2026-02-25 |
| 2616 SE 25th Ct | single_family | 5 | 3 | 2,666 | $598,800 | 2026-02-06 |
| 2733 SE 24th Ct | single_family | 5 | 3 | 2,666 | $682,800 | 2025-12-31 |
| 5245263957 | single_family | 5 | 3 | 1,695 | $527,500 | 2025-12-22 |
| 2724 SE 24th Ct | single_family | 5 | 3 | 2,666 | $555,900 | 2025-12-05 |
| 2302 SE 30th St | single_family | 5 | 3 | 3,150 | $727,600 | 2025-12-03 |
| 2516 SE 25th Ct | single_family | 5 | 3 | 2,656 | $576,496 | 2025-11-26 |
| 2280 SE 30th St | single_family | 5 | 3 | 3,150 | $725,000 | 2025-11-21 |
| 2468 SE 27th Ter | single_family | 5 | 3 | 2,666 | $647,000 | 2025-11-12 |
| 2483 SE 26th Ter | single_family | 5 | 3 | 2,656 | $632,128 | 2025-10-27 |
| 2209 SE 19th Ave | single_family | 5 | 4 | 3,830 | $705,000 | 2025-10-24 |
| 2232 SE 30th St | single_family | 5 | 3 | 3,150 | $683,500 | 2025-10-09 |
| 2201 SE 30th St | single_family | 5 | 3 | 3,150 | $770,000 | 2025-09-22 |
| 2249 SE 30th St | single_family | 5 | 3 | 3,150 | $767,700 | 2025-09-16 |
| 2548 SE 25th Ct | single_family | 5 | 3 | 2,666 | $629,800 | 2025-09-10 |
| 2233 SE 30th St | single_family | 5 | 3 | 3,150 | $767,000 | 2025-09-10 |
| 2554 SE 25th Ct | single_family | 5 | 3 | 2,666 | $690,300 | 2025-09-08 |
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 |
|---|---|---|---|---|---|---|
| 2455 SE 23rd Rd | single_family | 5 | 3 | 2,656 | $649,990 | — |
| 2455 SE 23rd Rd | townhomes | 5 | 3 | 3,105 | $760,990 | — |
| 2475 SE 29th Dr | single_family | 5 | 4 | — | $790,000 | — |
| 3140 Fairways Dr | single_family | 5 | 3 | 3,061 | $875,000 | — |
| 1611 SE 16th St | single_family | 5 | 4 | 2,786 | $635,000 | — |
| 2835 Fairways Dr | single_family | 5 | 4 | 2,460 | $585,000 | — |
| 2832 SE 23rd Ave | single_family | 5 | 4 | 3,150 | $819,000 | — |
| 1958 SE 23rd Ct | single_family | 5 | 4 | 3,567 | $800,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $736,450 | $20,225 | -$26,645 | $565,798 | $170,652 |
| 2 | $758,544 | $20,985 | -$25,954 | $559,171 | $199,373 |
| 3 | $781,300 | $21,771 | -$25,239 | $552,088 | $229,212 |
| 4 | $804,739 | $22,584 | -$24,498 | $544,519 | $260,220 |
| 5 | $828,881 | $23,426 | -$23,730 | $536,430 | $292,451 |
| 6 | $853,747 | $24,298 | -$22,935 | $527,785 | $325,962 |
| 7 | $879,360 | $25,200 | -$22,111 | $518,547 | $360,813 |
| 8 | $905,741 | $26,133 | -$21,258 | $508,674 | $397,066 |
| 9 | $932,913 | $27,098 | -$20,374 | $498,124 | $434,789 |
| 10 | $960,900 | $28,098 | -$19,459 | $486,849 | $474,051 |