| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $995,000 |
| Down payment (20.0%) | $199,000 |
| Loan amount | $796,000 |
| Closing costs (5.0%) | $49,750 |
| Total cash to close | $248,750 |
| Income | |
| Rent (comp-derived) | $5,950$71,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,474$65,688 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,575$18,905 |
| Insurance (est. scaled by flood & wind risk) | $1,459$17,512 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $298$3,570 |
| Total operating expenses | $3,332$39,987 |
| 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) | $298$3,570 |
| 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 | 2 | 1,344 | $5,100 | 2026-08-09 | — | |
| single_family | 3 | 2 | 1,533 | $4,500 | 2026-07-13 | — | |
| single_family | 3 | 3 | 1,456 | $5,900 | 2026-08-14 | — | |
| single_family | 3 | 2 | 1,337 | $5,000 | 2026-08-05 | — | |
| single_family | 3 | 2 | 1,294 | $6,000 | 2025-06-09 | — | |
| single_family | 3 | 2 | 1,300 | $4,600 | 2026-07-14 | — | |
| single_family | 3 | 2 | 1,545 | $4,900 | 2026-04-20 | — | |
| single_family | 3 | 2 | 1,462 | $6,000 | 2026-07-02 | — | |
| single_family | 3 | 3 | 1,613 | $6,795 | 2026-08-05 | — | |
| single_family | 3 | 3 | 1,613 | $6,795 | — | — | |
| single_family | 3 | 3 | 1,761 | $9,500 | — | — | |
| single_family | 3 | 3 | 1,230 | $7,000 | — | — |
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 |
|---|---|---|---|---|---|---|
| 8055 Noremac Ave | single_family | 3 | 4 | 2,922 | $4,850,000 | 2026-08-26 |
| 7770 Hawthorne Ave | single_family | 3 | 2 | 1,978 | $2,450,000 | 2026-08-07 |
| 1410 Cleveland Rd | single_family | 3 | 2 | 2,592 | $2,650,000 | 2026-07-27 |
| 1555 71st St | single_family | 3 | 2 | 1,784 | $910,500 | 2026-06-12 |
| 7532 Hispanola Ave | single_family | 3 | 2 | 1,834 | $1,250,000 | 2026-06-11 |
| 7431 Coquina Dr | single_family | 3 | 3 | 1,948 | $1,656,000 | 2026-06-05 |
| 1409 Biarritz Dr | single_family | 3 | 1 | 1,675 | $1,300,000 | 2026-06-05 |
| 7950 Biscayne Point Cir | single_family | 3 | 3 | 3,228 | $9,000,000 | 2026-06-01 |
| 1500 Biarritz Dr | single_family | 3 | 3 | 2,684 | $1,550,000 | 2026-05-26 |
| 1756 71st St | single_family | 3 | 2 | 1,362 | $930,000 | 2026-05-21 |
| 1310 Cleveland Rd | single_family | 3 | 2 | 1,656 | $2,350,000 | 2026-05-19 |
| 235 N Shore Dr | single_family | 3 | 2 | 2,503 | $5,300,000 | 2026-05-13 |
| 1855 Daytonia Rd | single_family | 3 | 2 | 2,828 | $2,400,000 | 2026-04-24 |
| 1201 S Biscayne Point Rd | single_family | 3 | 3 | 1,505 | $1,450,000 | 2026-04-10 |
| 7710 Beachview Dr | single_family | 3 | 2 | 1,560 | $1,575,000 | 2026-04-10 |
| 7431 Center Bay Dr | single_family | 3 | 3 | 2,926 | $1,900,000 | 2026-04-09 |
| 7560 W Treasure Dr | single_family | 3 | 2 | 1,591 | $500,000 | 2026-04-08 |
| 1810 Daytonia Rd | single_family | 3 | 3 | 5,466 | $7,050,000 | 2026-04-07 |
| 1205 N Biscayne Point Rd | single_family | 3 | 3 | 2,764 | $6,300,000 | 2026-04-07 |
| 1721 S Treasure Dr | single_family | 3 | 2 | 2,036 | $1,090,000 | 2026-03-25 |
| 410 S Shore Dr | single_family | 3 | 3 | 3,091 | $3,450,000 | 2026-03-12 |
| 7553 W Treasure Dr | single_family | 3 | 2 | 1,547 | $1,515,000 | 2026-03-10 |
| 935 S Shore Dr | single_family | 3 | 2 | 2,375 | $1,300,000 | 2026-03-05 |
| 7557 Mutiny Ave | single_family | 3 | 3 | 1,836 | $999,000 | 2026-03-05 |
| 1470 N Treasure Dr | single_family | 3 | 2 | 1,955 | $990,000 | 2026-02-27 |
| 1155 N Biscayne Point Rd | single_family | 3 | 3 | 2,894 | $6,300,000 | 2026-02-26 |
| 1700 Bay Dr | single_family | 3 | 2 | 3,135 | $6,183,000 | 2026-02-25 |
| 759 85th St | single_family | 3 | 2 | — | $449,375 | 2026-02-19 |
| 702 86th St | single_family | 3 | 2 | 1,317 | $670,000 | 2026-02-10 |
| 7512 Mutiny Ave | single_family | 3 | 2 | 1,571 | $900,000 | 2026-02-03 |
| 7528 Hispanola Ave | single_family | 3 | 2 | 1,877 | $100,000 | 2026-01-08 |
| 7513 Mutiny Ave | single_family | 3 | 2 | 2,068 | $637,300 | 2026-01-08 |
| 7536 Cutlass Ave | single_family | 3 | 2 | 1,387 | $890,000 | 2025-12-26 |
| 1347 71st St | single_family | 3 | 3 | 1,915 | $1,100,000 | 2025-12-18 |
| 670 S Shore Dr | single_family | 3 | 3 | 2,066 | $3,600,000 | 2025-12-18 |
| 7610 Bayside Ln | single_family | 3 | 3 | 2,304 | $4,200,000 | 2025-12-16 |
| 7125 Trouville Esplanade | single_family | 3 | 2 | 1,800 | $865,000 | 2025-12-16 |
| 1154 Biarritz Dr | single_family | 3 | 2 | 1,567 | $965,000 | 2025-12-12 |
| 7755 Noremac Ave | single_family | 3 | 4 | 2,529 | $3,400,000 | 2025-12-10 |
| 1545 Normandy Dr | single_family | 3 | 2 | 1,416 | $847,800 | 2025-12-03 |
| 1370 71st St | single_family | 3 | 2 | 1,884 | $1,175,000 | 2025-12-02 |
| 401 S Shore Dr | single_family | 3 | 2 | 2,141 | $1,050,000 | 2025-11-13 |
| 235 Fairway Dr | single_family | 3 | 2 | 2,028 | $1,500,000 | 2025-11-13 |
| 1355 71st St | single_family | 3 | 2 | 1,659 | $1,050,000 | 2025-11-06 |
| 1411 Normandy Dr | single_family | 3 | 3 | 2,542 | $1,330,000 | 2025-10-22 |
| 7520 Beachview Dr | single_family | 3 | 3 | 1,869 | $1,480,000 | 2025-10-21 |
| 8533 Crespi Blvd | single_family | 3 | 1 | 1,530 | $2,000,000 | 2025-10-06 |
| 1601 S Treasure Dr | single_family | 3 | 2 | 1,976 | $965,000 | 2025-09-24 |
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 |
|---|---|---|---|---|---|---|
| 7940 West Dr Unit 1503 | condos | 3 | 4 | 2,402 | $4,403,900 | — |
| 7441 Wayne Ave Apt 3H | condos | 3 | 2 | 1,181 | $365,000 | — |
| 1885 Daytonia Rd | single_family | 3 | 2 | 2,760 | $3,800,000 | — |
| 771 Fairway Dr | single_family | 3 | 4 | 2,146 | $2,575,000 | — |
| 1460 Marseille Dr | single_family | 3 | 2 | 2,005 | $890,000 | — |
| 711 85th St | single_family | 3 | 3 | 1,344 | $699,000 | — |
| 6899 Collins Ave Unit 1602 | condos | 3 | 3 | 2,050 | $2,775,000 | — |
| 6620 Indian Creek Dr Apt 712 | condos | 3 | 4 | 1,841 | $1,565,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,024,850 | $25,701 | -$39,253 | $787,370 | $237,480 |
| 2 | $1,055,596 | $26,672 | -$38,371 | $778,147 | $277,449 |
| 3 | $1,087,263 | $27,677 | -$37,457 | $768,290 | $318,973 |
| 4 | $1,119,881 | $28,717 | -$36,511 | $757,757 | $362,124 |
| 5 | $1,153,478 | $29,794 | -$35,530 | $746,500 | $406,977 |
| 6 | $1,188,082 | $30,909 | -$34,514 | $734,471 | $453,611 |
| 7 | $1,223,725 | $32,062 | -$33,462 | $721,615 | $502,110 |
| 8 | $1,260,436 | $33,256 | -$32,371 | $707,876 | $552,560 |
| 9 | $1,298,249 | $34,491 | -$31,242 | $693,195 | $605,055 |
| 10 | $1,337,197 | $35,770 | -$30,073 | $677,504 | $659,692 |