| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $499,999 |
| Down payment (20.0%) | $100,000 |
| Loan amount | $399,999 |
| Closing costs (5.0%) | $25,000 |
| Total cash to close | $125,000 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,961$35,534 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,724$32,691 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $792$9,500 |
| Insurance (placeholder 0.8% of price) | $333$4,000 |
| HOA dues | $450$5,400 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $148$1,777 |
| Total operating expenses | $1,723$20,677 |
| 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) | $148$1,777 |
| 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 |
|---|---|---|---|---|---|---|
| 5630 NW 107th Ave Apt 1611 | condos | 4 | 3 | 1,580 | $522,500 | 2026-05-26 |
| 11505 NW 71st St | condos | 4 | 3 | 2,105 | $670,000 | 2026-05-08 |
| 6405 NW 105th Ct | condos | 4 | 4 | 1,862 | $840,000 | 2026-04-07 |
| 7427 NW 113th Path | condos | 4 | 3 | 2,211 | $715,000 | 2025-12-17 |
| 8401 NW 107th Ct Unit 4-36 | condos | 4 | 3 | 1,507 | $545,000 | 2025-11-21 |
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 |
|---|---|---|---|---|---|---|
| 11351 NW 64th Ter | single_family | 4 | 2 | 2,011 | $1,140,000 | — |
| 8945 NW 98th Ave | single_family | 4 | 3 | 1,783 | $650,000 | — |
| 11101 NW 72nd Ter | single_family | 4 | 5 | 2,680 | $1,870,000 | — |
| 10709 NW 81st Ln | condos | 4 | 3 | 1,894 | $605,000 | — |
| 8542 NW 111th Ct | single_family | 4 | 4 | 2,975 | $900,000 | — |
| 11628 NW 87th Ln Unit 11628 | townhomes | 4 | 3 | 1,912 | $689,900 | — |
| 7651 NW 114th Path | single_family | 4 | 3 | 1,894 | $565,000 | — |
| 11180 NW 73rd St | single_family | 4 | 3 | 2,312 | $965,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $514,999 | $12,014 | -$20,608 | $395,662 | $119,337 |
| 2 | $530,449 | $12,478 | -$20,189 | $391,028 | $139,421 |
| 3 | $546,362 | $12,958 | -$19,754 | $386,075 | $160,288 |
| 4 | $562,753 | $13,456 | -$19,303 | $380,782 | $181,972 |
| 5 | $579,636 | $13,971 | -$18,836 | $375,125 | $204,511 |
| 6 | $597,025 | $14,504 | -$18,352 | $369,080 | $227,945 |
| 7 | $614,936 | $15,056 | -$17,850 | $362,620 | $252,316 |
| 8 | $633,384 | $15,628 | -$17,330 | $355,716 | $277,667 |
| 9 | $652,385 | $16,219 | -$16,791 | $348,339 | $304,047 |
| 10 | $671,957 | $16,832 | -$16,233 | $340,454 | $331,503 |