| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $569,999 |
| Down payment (20.0%) | $114,000 |
| Loan amount | $455,999 |
| Closing costs (5.0%) | $28,500 |
| Total cash to close | $142,500 |
| Income | |
| Rent (comp-derived) | $3,800$45,600 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,496$41,952 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $903$10,830 |
| Insurance (est. scaled by flood & wind risk) | $836$10,032 |
| HOA dues | $100$1,200 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $190$2,280 |
| Total operating expenses | $2,029$24,342 |
| 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) | $190$2,280 |
| 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 | 3 | 2,258 | $2,900 | 2026-07-08 | — | |
| single_family | 5 | 3 | 2,170 | $3,100 | 2026-08-09 | — | |
| single_family | 5 | 2 | 2,063 | $2,995 | 2026-07-12 | — | |
| single_family | 5 | 4 | 2,267 | $3,750 | 2026-07-21 | — | |
| single_family | 5 | 3 | 2,693 | $3,600 | 2026-07-14 | — | |
| single_family | 5 | 4 | 2,048 | $4,000 | 2026-07-28 | — | |
| single_family | 5 | 4 | 2,878 | $5,000 | 2026-08-25 | — | |
| single_family | 5 | 3 | 2,170 | $3,949 | 2026-06-10 | — | |
| single_family | 5 | 3 | 2,504 | $3,900 | — | — | |
| single_family | 5 | 3 | 2,916 | $4,000 | 2026-04-08 | — | |
| single_family | 5 | 3 | 2,894 | $3,700 | 2026-06-10 | — | |
| single_family | 5 | 3 | 2,894 | $3,850 | 2026-07-07 | — | |
| single_family | 5 | 2 | 2,063 | $3,195 | — | — | |
| single_family | 5 | 3 | 2,916 | $4,000 | — | — | |
| single_family | 5 | 3 | 2,894 | $3,700 | — | — | |
| single_family | 5 | 3 | 2,894 | $4,000 | 2026-07-01 | — |
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 |
|---|---|---|---|---|---|---|
| 159 NE 17th Ave | single_family | 5 | 3 | 2,645 | $664,000 | 2026-08-24 |
| 216 NE 36th Ter | single_family | 5 | 4 | 2,379 | $520,000 | 2026-08-21 |
| 633 SE 35th Ter | single_family | 5 | 4 | 3,196 | $640,000 | 2026-08-19 |
| 175 NE 26th Ave | single_family | 5 | 3 | 2,550 | $660,000 | 2026-08-19 |
| 29100 Alabama Rd | single_family | 5 | 3 | 1,660 | $545,000 | 2026-08-15 |
| 589 SE 34th Ter | single_family | 5 | 3 | 2,492 | $530,000 | 2026-08-10 |
| 4113 NE 22nd Ln | single_family | 5 | 3 | 2,494 | $538,500 | 2026-08-04 |
| 144 NE 32nd Ter | single_family | 5 | 3 | 3,276 | $630,000 | 2026-07-27 |
| 133 NE 23rd Ter | single_family | 5 | 2 | 2,504 | $495,000 | 2026-07-21 |
| 15260 SW 308th St | single_family | 5 | 3 | 1,477 | $545,000 | 2026-07-15 |
| 1884 NE 1st St | single_family | 5 | 3 | 2,583 | $634,900 | 2026-07-14 |
| 1147 NE 37th Pl | single_family | 5 | 3 | 2,726 | $620,000 | 2026-07-13 |
| 13383 SW 285th St | single_family | 5 | 3 | 3,252 | $670,000 | 2026-07-01 |
| 1517 NE 2nd Ct | single_family | 5 | 3 | — | $637,000 | 2026-06-30 |
| 126 NE 27th Ter | single_family | 5 | 2 | 1,952 | $585,000 | 2026-06-29 |
| 29925 SW 149th Ct | single_family | 5 | 3 | 2,604 | $515,000 | 2026-06-29 |
| 347 NE 34th Ter | single_family | 5 | 3 | 2,170 | $475,000 | 2026-06-26 |
| 3951 NE 13th Dr | single_family | 5 | 3 | 2,065 | $498,000 | 2026-06-26 |
| 30365 SW 152nd Ct | single_family | 5 | 3 | 2,656 | $620,000 | 2026-06-25 |
| 1633 NE 2nd Ct | single_family | 5 | 4 | 2,878 | $685,000 | 2026-06-22 |
| 627 SE 34th Ave | single_family | 5 | 2 | 2,492 | $495,000 | 2026-06-10 |
| 1636 SE 7th Ct | single_family | 5 | 3 | 2,499 | $621,000 | 2026-05-29 |
| 1661 NE 2nd Ct | single_family | 5 | 3 | 2,645 | $635,000 | 2026-05-29 |
| 177 NE 17th Ave | single_family | 5 | 4 | 2,878 | $671,000 | 2026-05-28 |
| 1679 NE 2nd Ct | single_family | 5 | 4 | 2,878 | $672,000 | 2026-05-28 |
| 3455 NE 1st St | single_family | 5 | 3 | 2,835 | $620,000 | 2026-05-27 |
| 15042 SW 297th Ter | single_family | 5 | 2 | 2,270 | $500,000 | 2026-05-27 |
| 148 NE 24th Ave | single_family | 5 | 2 | 2,504 | $515,000 | 2026-05-27 |
| 2872 NE 1st Dr | single_family | 5 | 3 | 2,536 | $525,000 | 2026-05-18 |
| 415 SE 34th Ter | single_family | 5 | 3 | 2,916 | $599,000 | 2026-05-11 |
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 |
|---|---|---|---|---|---|---|
| 3449 NE 2nd St | single_family | 5 | 3 | 2,514 | $389,000 | — |
| 3477 SE 3rd St | single_family | 5 | 4 | 3,196 | $547,500 | — |
| 28565 SW 158th Ct | single_family | 5 | 3 | 2,832 | $899,000 | — |
| 1361 NE 42nd Ave | single_family | 5 | 3 | 2,753 | $480,000 | — |
| 125 SE 36th Pl | single_family | 5 | 4 | 3,196 | $675,000 | — |
| 3424 NE 1st St | single_family | 5 | 3 | 2,835 | $628,900 | — |
| 16040 SW 283rd St | single_family | 5 | 3 | 2,963 | $665,000 | — |
| 4120 NE 22nd Ct | single_family | 5 | 3 | 2,024 | $490,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $587,099 | $17,610 | -$19,834 | $451,055 | $136,044 |
| 2 | $604,712 | $18,260 | -$19,241 | $445,772 | $158,940 |
| 3 | $622,853 | $18,933 | -$18,627 | $440,125 | $182,728 |
| 4 | $641,539 | $19,628 | -$17,991 | $434,091 | $207,448 |
| 5 | $660,785 | $20,348 | -$17,333 | $427,643 | $233,142 |
| 6 | $680,609 | $21,093 | -$16,651 | $420,752 | $259,857 |
| 7 | $701,027 | $21,864 | -$15,945 | $413,387 | $287,640 |
| 8 | $722,058 | $22,661 | -$15,214 | $405,517 | $316,541 |
| 9 | $743,719 | $23,485 | -$14,457 | $397,106 | $346,613 |
| 10 | $766,031 | $24,338 | -$13,674 | $388,118 | $377,913 |