| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $410,000 |
| Down payment (20.0%) | $82,000 |
| Loan amount | $328,000 |
| Closing costs (5.0%) | $20,500 |
| Total cash to close | $102,500 |
| Income | |
| Rent (comp-derived) | $3,150$37,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,898$34,776 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $649$7,790 |
| Insurance (est. scaled by flood & wind risk) | $437$5,248 |
| HOA dues | $606$7,272 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $158$1,890 |
| Total operating expenses | $1,850$22,200 |
| 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) | $158$1,890 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 2 | 1,220 | $2,800 | 2026-08-11 | — | |
| townhomes | 3 | 2 | 1,400 | $3,095 | 2026-08-09 | — | |
| townhomes | 3 | 3 | 1,632 | $3,200 | 2026-07-23 | — | |
| townhomes | 3 | 2 | 1,584 | $3,350 | 2026-07-22 | — | |
| townhomes | 3 | 2 | 1,220 | $3,200 | 2026-07-21 | — | |
| townhomes | 3 | 2 | 1,220 | $3,000 | 2026-07-06 | — | |
| townhomes | 3 | 2 | 1,400 | $3,150 | 2026-08-28 | — |
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 |
|---|---|---|---|---|---|---|
| 11621 SW 90th St | townhomes | 3 | 3 | 1,704 | $585,000 | 2026-08-26 |
| 11483 SW 109th Rd Unit 2F | townhomes | 3 | 2 | 1,400 | $435,000 | 2026-08-21 |
| 11527 SW 90th St | townhomes | 3 | 2 | 1,317 | $480,000 | 2026-07-31 |
| 11040 SW 112th Ave | townhomes | 3 | 2 | 1,584 | $485,000 | 2026-07-31 |
| 13209 SW 95th Ave | townhomes | 3 | 3 | 1,535 | $620,000 | 2026-07-29 |
| 11020 SW 112th Ave | townhomes | 3 | 2 | 1,584 | $375,000 | 2026-07-14 |
| 9127 SW 96th Ave | townhomes | 3 | 3 | 1,672 | $475,000 | 2026-07-14 |
| 11245 SW 111th St | townhomes | 3 | 3 | 1,632 | $535,000 | 2026-06-30 |
| 13013 SW 95th Ave | townhomes | 3 | 2 | 1,535 | $590,000 | 2026-05-29 |
| 11491 SW 109th Rd Unit 15A | townhomes | 3 | 2 | 1,480 | $470,000 | 2026-05-27 |
| 12806 SW 91st Ct | townhomes | 3 | 3 | 1,548 | $585,000 | 2026-05-26 |
| 11405 SW 148th Ter | townhomes | 3 | 2 | 1,260 | $399,900 | 2026-05-15 |
| 10150 SW 88th St Apt 106 | townhomes | 3 | 3 | 1,610 | $450,000 | 2026-04-06 |
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 |
|---|---|---|---|---|---|---|
| 9123 SW 112th Ct | single_family | 3 | 3 | 1,952 | $689,900 | — |
| 14815 Bethune Dr | townhomes | 3 | 3 | — | $569,900 | — |
| 10225 SW 89th St | townhomes | 3 | 3 | 1,656 | $595,000 | — |
| 10220 SW 91st St | single_family | 3 | 2 | 1,987 | $925,000 | — |
| 13340 SW 112th Ct | single_family | 3 | 2 | 1,212 | $489,900 | — |
| 10471 SW 141 St | single_family | 3 | 1 | 2,328 | $550,000 | — |
| 11411 SW 109th Rd Unit 50Y | condos | 3 | 3 | 1,342 | $420,000 | — |
| 11530 SW 136th St | single_family | 3 | 1 | 1,070 | $525,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $422,300 | $12,576 | -$14,608 | $324,444 | $97,856 |
| 2 | $434,969 | $13,064 | -$14,167 | $320,643 | $114,326 |
| 3 | $448,018 | $13,570 | -$13,710 | $316,582 | $131,436 |
| 4 | $461,459 | $14,094 | -$13,235 | $312,241 | $149,217 |
| 5 | $475,302 | $14,636 | -$12,744 | $307,603 | $167,700 |
| 6 | $489,561 | $15,198 | -$12,235 | $302,646 | $186,916 |
| 7 | $504,248 | $15,779 | -$11,706 | $297,349 | $206,900 |
| 8 | $519,376 | $16,381 | -$11,159 | $291,687 | $227,688 |
| 9 | $534,957 | $17,005 | -$10,592 | $285,637 | $249,320 |
| 10 | $551,006 | $17,650 | -$10,004 | $279,172 | $271,834 |