| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $9,625,000 |
| Down payment (20.0%) | $1,925,000 |
| Loan amount | $7,700,000 |
| Closing costs (5.0%) | $481,250 |
| Total cash to close | $2,406,250 |
| Income | |
| Rent (comp-derived) | $30,000$360,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $27,600$331,200 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $15,240$182,875 |
| Insurance (est. scaled by flood & wind risk) | $10,267$123,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $1,500$18,000 |
| Total operating expenses | $27,006$324,075 |
| 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) | $1,500$18,000 |
| 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 | 6 | 6 | 5,322 | $28,000 | 2026-06-17 | — | |
| single_family | 6 | 8 | 9,099 | $85,000 | 2026-05-04 | — | |
| single_family | 6 | 5 | 5,396 | $30,000 | 2026-02-13 | — |
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 |
|---|---|---|---|---|---|---|
| 7426 SW 49th Pl | single_family | 6 | 7 | 5,848 | $9,250,000 | 2026-08-05 |
| 6641 SW 85th St | single_family | 6 | 8 | 5,266 | $5,900,000 | 2026-07-30 |
| 7900 SW 57th Ct | single_family | 6 | 7 | 4,866 | $5,795,000 | 2026-07-02 |
| 277 Veleros Ct | single_family | 6 | 7 | 6,700 | $10,500,000 | 2026-06-30 |
| 7900 SW 54th Ave | single_family | 6 | 7 | 5,068 | $4,950,000 | 2026-06-25 |
| 4790 SW 78th St | single_family | 6 | 7 | 7,787 | $11,700,000 | 2026-06-25 |
| 6250 SW 78th St | single_family | 6 | 8 | 5,494 | $4,275,000 | 2026-06-24 |
| 7030 SW 72nd Ct | single_family | 6 | 8 | 5,112 | $3,800,000 | 2026-06-16 |
| 620 Tibidabo Ave | single_family | 6 | 6 | 3,924 | $5,159,500 | 2026-06-12 |
| 4871 SW 74th Ter | single_family | 6 | 6 | 5,521 | $8,500,000 | 2026-06-01 |
| 350 Costa Brava Ct | single_family | 6 | 5 | 5,938 | $6,000,000 | 2026-05-28 |
| 6450 SW 82nd St | single_family | 6 | 8 | 5,131 | $5,150,000 | 2026-05-22 |
| 7605 SW 71st Ave | single_family | 6 | 8 | 5,710 | $5,075,000 | 2026-05-19 |
| 7610 SW 48th Ct | single_family | 6 | 8 | 6,265 | $10,148,000 | 2026-05-09 |
| 7965 SW 53rd Ave | single_family | 6 | 6 | 4,093 | $5,600,000 | 2026-04-24 |
| 501 Casuarina Concourse | single_family | 6 | 6 | 9,682 | $55,000,000 | 2026-04-22 |
| 535 Casuarina Concourse | single_family | 6 | 6 | 6,680 | $55,000,000 | 2026-04-22 |
| 5001 Pine Dr | single_family | 6 | 8 | 4,395 | $13,500,000 | 2026-04-08 |
| 5847 SW 81st St | single_family | 6 | 7 | 4,973 | $6,200,000 | 2026-04-07 |
| 7001 SW 71st Ave | single_family | 6 | 8 | 5,473 | $4,700,000 | 2026-04-06 |
| 12 Tahiti Beach Island Rd | single_family | 6 | 9 | 10,441 | $32,000,000 | 2026-03-31 |
| 6495 SW 85th St | single_family | 6 | 6 | 4,313 | $4,100,000 | 2026-03-20 |
| 6003 SW 80th St | single_family | 6 | 6 | 6,847 | $6,700,000 | 2026-03-16 |
| 7975 SW 52nd Ct | single_family | 6 | 7 | 5,888 | $4,500,000 | 2026-03-12 |
| 231 Costanera Rd | single_family | 6 | 6 | 5,442 | $10,250,000 | 2026-01-30 |
| 6021 SW 86th St | single_family | 6 | 8 | 5,112 | $6,000,000 | 2026-01-14 |
| 6900 SW 72nd Ct | single_family | 6 | 8 | 6,698 | $7,400,000 | 2025-12-22 |
| 8264 SW 84th Ter | single_family | 6 | 5 | 3,497 | $1,650,000 | 2025-12-19 |
| 506 Sunset Dr | single_family | 6 | 6 | 7,354 | $7,500,000 | 2025-12-08 |
| 6401 SW 84th St | single_family | 6 | 8 | 6,028 | $5,385,000 | 2025-12-05 |
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 |
|---|---|---|---|---|---|---|
| 7740 SW 52nd Ave | single_family | 6 | 8 | 6,936 | $8,750,000 | — |
| 5731 SW 62nd Ter | single_family | 6 | 6 | 1,938 | $1,250,000 | — |
| 7235 SW 54th Ave | single_family | 6 | 7 | — | $7,690,000 | — |
| 5002 SW 86th St | single_family | 6 | 8 | 5,908 | $8,250,000 | — |
| 7430 SW 66th St | single_family | 6 | 8 | 5,609 | $4,599,000 | — |
| 8755 SW 54th Ave | single_family | 6 | 7 | 12,152 | $19,950,000 | — |
| 7700 SW 50th Ct | single_family | 6 | 7 | 5,804 | $7,490,000 | — |
| 5100 SW 86th St | single_family | 6 | 5 | 6,580 | $6,999,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $9,913,750 | $7,125 | -$604,662 | $7,616,515 | $2,297,235 |
| 2 | $10,211,163 | $8,959 | -$603,278 | $7,527,297 | $2,683,866 |
| 3 | $10,517,497 | $10,889 | -$601,810 | $7,431,952 | $3,085,545 |
| 4 | $10,833,022 | $12,918 | -$600,253 | $7,330,060 | $3,502,962 |
| 5 | $11,158,013 | $15,050 | -$598,606 | $7,221,171 | $3,936,842 |
| 6 | $11,492,753 | $17,290 | -$596,862 | $7,104,804 | $4,387,949 |
| 7 | $11,837,536 | $19,642 | -$595,019 | $6,980,446 | $4,857,090 |
| 8 | $12,192,662 | $22,111 | -$593,073 | $6,847,548 | $5,345,114 |
| 9 | $12,558,442 | $24,700 | -$591,018 | $6,705,525 | $5,852,917 |
| 10 | $12,935,195 | $27,416 | -$588,851 | $6,553,748 | $6,381,447 |