| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $899,000 |
| Down payment (20.0%) | $179,800 |
| Loan amount | $719,200 |
| Closing costs (5.0%) | $44,950 |
| Total cash to close | $224,750 |
| Income | |
| Rent (estimate) | $5,604$67,247 |
| Vacancy loss (8.0%) | |
| Effective gross income | $5,156$61,867 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,423$17,081 |
| Insurance (placeholder 0.8% of price) | $599$7,192 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $280$3,362 |
| Total operating expenses | $2,303$27,635 |
| 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) | $280$3,362 |
| 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.
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.
| Address | Type | Beds | Baths | Living sqft | Sale price | Sale date |
|---|---|---|---|---|---|---|
| 7028 SW 21st St | multi_family | 6 | 4 | 2,540 | $750,000 | 2026-07-22 |
| 5924 Coral Way | multi_family | 3 | 3 | 1,820 | $2,000,000 | 2026-06-11 |
| 2275 SW 61st Ave | multi_family | — | — | — | $1,017,500 | 2026-04-15 |
| 7056 SW 22nd St | multi_family | — | — | 2,664 | $860,000 | 2026-02-27 |
| 7401 SW 21st St | multi_family | — | — | 1,694 | $685,000 | 2026-02-23 |
| 7200 SW 22nd St | multi_family | 5 | 2 | 2,150 | $650,000 | 2026-02-10 |
| 7415 SW 23rd St | multi_family | — | — | 1,296 | $750,000 | 2025-12-12 |
| 7046 SW 22nd St | multi_family | — | — | 1,700 | $830,000 | 2025-11-26 |
| 6750 SW 21st St | multi_family | — | — | 1,500 | $740,000 | 2025-11-10 |
| 7080 SW 22nd St | multi_family | — | — | 1,936 | $670,000 | 2025-10-22 |
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.
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $925,970 | $34,232 | -$24,592 | $711,402 | $214,568 |
| 2 | $953,749 | $35,397 | -$23,511 | $703,069 | $250,680 |
| 3 | $982,362 | $36,600 | -$22,394 | $694,164 | $288,198 |
| 4 | $1,011,832 | $37,843 | -$21,239 | $684,647 | $327,186 |
| 5 | $1,042,187 | $39,128 | -$20,045 | $674,476 | $367,711 |
| 6 | $1,073,453 | $40,454 | -$18,812 | $663,607 | $409,846 |
| 7 | $1,105,657 | $41,824 | -$17,537 | $651,992 | $453,665 |
| 8 | $1,138,826 | $43,239 | -$16,219 | $639,579 | $499,247 |
| 9 | $1,172,991 | $44,700 | -$14,858 | $626,314 | $546,677 |
| 10 | $1,208,181 | $46,210 | -$13,451 | $612,138 | $596,043 |