| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,849,900 |
| Down payment (20.0%) | $369,980 |
| Loan amount | $1,479,920 |
| Closing costs (5.0%) | $92,495 |
| Total cash to close | $462,475 |
| Income | |
| Rent (comp-derived) | $14,000$168,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $12,880$154,560 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,929$35,148 |
| Insurance (placeholder 0.8% of price) | $1,233$14,799 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $700$8,400 |
| Total operating expenses | $4,862$58,347 |
| 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) | $700$8,400 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 6 | 7 | 4,874 | $10,500 | 2026-07-17 | — | |
| single_family | 6 | 7 | 4,119 | $11,500 | 2026-08-03 | — | |
| single_family | 6 | 7 | 4,874 | $25,000 | 2026-01-30 | — | |
| single_family | 6 | 7 | 4,874 | $12,000 | 2026-05-08 | — | |
| single_family | 6 | 7 | 4,119 | $18,000 | 2026-08-07 | — | |
| single_family | 6 | 7 | 4,874 | $16,000 | 2026-06-06 | — |
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 9895 NW 26th St | single_family | 5 | 5 | 3,617 | $1,920,000 | 2026-08-21 |
| 981 NW 97th Ct | single_family | 4 | 3 | 1,786 | $727,000 | 2026-08-17 |
| 9761 NW 9th St | single_family | 4 | 4 | 2,602 | $900,000 | 2026-07-23 |
| 9924 NW 10th Ter | single_family | 4 | 4 | 3,010 | $980,000 | 2026-07-10 |
| 9796 NW 28th Ter | single_family | 4 | 3 | 2,853 | $1,650,000 | 2026-07-10 |
| 2940 NW 99th Pl | single_family | 3 | 3 | 1,934 | $795,000 | 2026-06-30 |
| 9803 NW 32nd St | single_family | 3 | 2 | 1,946 | $689,000 | 2026-06-26 |
| 1005 NW 100th Ave | single_family | 4 | 3 | 2,391 | $990,000 | 2026-05-28 |
| 984 NW 104th Ave | single_family | 4 | 3 | 3,010 | $1,030,000 | 2026-05-14 |
| 9768 NW 30th St | single_family | 4 | 3 | 2,452 | $875,000 | 2026-05-14 |
| 9866 NW 10th St | single_family | 4 | 4 | 2,602 | $860,000 | 2026-03-25 |
| 3103 NW 97th Ct | single_family | 3 | 2 | 1,946 | $740,000 | 2026-03-24 |
| 9913 NW 31st St | single_family | 3 | 2 | 1,504 | $700,000 | 2026-03-02 |
| 9942 NW 29th St | single_family | 3 | 3 | 1,934 | $615,000 | 2026-02-10 |
| 10371 NW 10th St | single_family | 4 | 4 | 3,010 | $970,000 | 2026-01-28 |
| 1023 NW 100th Ave | single_family | 3 | 2 | 1,534 | $700,000 | 2026-01-28 |
| 3119 NW 99th Pl | single_family | 3 | 2 | 1,648 | $650,000 | 2026-01-07 |
| 1007 NW 99th Ct | single_family | 4 | 4 | 3,010 | $1,030,000 | 2025-12-01 |
| 875 NW 97th Ct | single_family | 3 | 2 | 1,579 | $692,500 | 2025-11-21 |
| 970 NW 106th Avenue Cir | single_family | 3 | 2 | 1,634 | $725,000 | 2025-11-18 |
| 10040 NW 10th St | single_family | 4 | 3 | 2,391 | $830,000 | 2025-11-07 |
| 9881 NW 26th St | single_family | 3 | 2 | 1,567 | $810,000 | 2025-10-31 |
| 3001 NW 99th Ave | single_family | 3 | 2 | 1,624 | $670,000 | 2025-10-23 |
| 6641946112 | single_family | 4 | 4 | 3,010 | $870,000 | 2025-10-22 |
| 9793 NW 29th Ter | single_family | 4 | 3 | 2,452 | $925,000 | 2025-09-30 |
| 9764 NW 32nd St | single_family | 4 | 3 | 2,207 | $940,000 | 2025-09-26 |
| 9948 NW 10th Ter | single_family | 3 | 2 | 1,579 | $705,000 | 2025-09-19 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 7509 NW 99th Ave | single_family | 6 | 7 | 4,119 | $1,865,000 | — |
| 7541 NW 100th Ave | single_family | 6 | 7 | 4,306 | $1,799,000 | — |
| 10229 NW 74th Ter | single_family | 6 | 7 | 4,874 | $2,325,000 | — |
| 6914 NW 113th Pl | single_family | 6 | 4 | 3,541 | $1,890,000 | — |
| 7451 NW 103rd Ct | single_family | 6 | 7 | 4,874 | $3,399,000 | — |
| 10762 NW 71st St | single_family | 6 | 5 | 3,052 | $1,794,000 | — |
| 7515 NW 99th Ave | single_family | 6 | 7 | 4,119 | $1,890,000 | — |
| 10272 NW 75th Ter | single_family | 6 | 7 | 4,874 | $2,100,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,905,397 | $96,213 | -$26,312 | $1,463,874 | $441,523 |
| 2 | $1,962,559 | $99,391 | -$23,344 | $1,446,727 | $515,832 |
| 3 | $2,021,436 | $102,672 | -$20,278 | $1,428,402 | $593,034 |
| 4 | $2,082,079 | $106,058 | -$17,112 | $1,408,819 | $673,260 |
| 5 | $2,144,541 | $109,554 | -$13,842 | $1,387,891 | $756,651 |
| 6 | $2,208,877 | $113,163 | -$10,465 | $1,365,525 | $843,352 |
| 7 | $2,275,144 | $116,888 | -$6,978 | $1,341,624 | $933,520 |
| 8 | $2,343,398 | $120,733 | -$3,377 | $1,316,082 | $1,027,316 |
| 9 | $2,413,700 | $124,701 | $343 | $1,288,785 | $1,124,915 |
| 10 | $2,486,111 | $128,798 | $4,183 | $1,259,614 | $1,226,497 |