| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $390,000 |
| Down payment (20.0%) | $78,000 |
| Loan amount | $312,000 |
| Closing costs (5.0%) | $19,500 |
| Total cash to close | $97,500 |
| Income | |
| Rent (comp-derived) | $2,650$31,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,438$29,256 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $618$7,410 |
| Insurance (placeholder 0.8% of price) | $260$3,120 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $133$1,590 |
| Total operating expenses | $1,010$12,120 |
| 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) | $133$1,590 |
| 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 | 3 | 1 | 1,062 | $2,415 | — | — | |
| single_family | 3 | 1 | 1,076 | $2,210 | — | — | |
| single_family | 3 | 1 | 1,070 | $2,800 | 2026-08-15 | — | |
| single_family | 3 | 1 | 1,020 | $2,500 | 2026-07-30 | — | |
| single_family | 3 | 2 | 1,208 | $3,700 | 2026-08-12 | — | |
| single_family | 3 | 2 | 1,000 | $3,300 | — | — |
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 |
|---|---|---|---|---|---|---|
| 1881 NW 157th St | single_family | 3 | 2 | 864 | $515,000 | 2026-08-17 |
| 2310 W Bunche Park Dr | single_family | 3 | 1 | 864 | $450,000 | 2026-07-22 |
| 1749 NW 152nd St | single_family | 3 | 2 | — | $490,000 | 2026-07-17 |
| 6848866101 | single_family | 3 | 1 | 966 | $405,000 | 2026-07-17 |
| 2525 NW 156th St | single_family | 3 | 1 | 1,020 | $415,000 | 2026-07-16 |
| 1890 NW 152nd Ter | single_family | 3 | 2 | 1,512 | $500,000 | 2026-07-15 |
| 805 Sultan Ave | single_family | 3 | 2 | 1,145 | $475,000 | 2026-07-14 |
| 3011 NW 152nd Ter | single_family | 3 | 1 | 936 | $417,000 | 2026-07-10 |
| 1971 Wilmington St | single_family | 3 | 2 | 594 | $425,000 | 2026-07-10 |
| 3260 NW 132nd Ter | single_family | 3 | 2 | 1,205 | $480,000 | 2026-07-10 |
| 16431 NW 18th Ave | single_family | 3 | 4 | 1,505 | $572,500 | 2026-07-09 |
| 2125 NW 158th St | single_family | 3 | 1 | 1,368 | $350,000 | 2026-07-07 |
| 15851 NW 18th Ave | single_family | 3 | 1 | 864 | $400,000 | 2026-07-02 |
| 2760 NW 164th Ter | single_family | 3 | 2 | 1,200 | $525,000 | 2026-07-01 |
| 15770 NW 18th Pl | single_family | 3 | 1 | 2,541 | $387,000 | 2026-06-29 |
| 16240 NW 22nd Ave | single_family | 3 | 2 | 1,416 | $550,000 | 2026-06-29 |
| 15920 NW 41st Ave | single_family | 3 | 1 | 1,618 | $400,000 | 2026-06-26 |
| 15210 NW 18th Ave | single_family | 3 | 1 | 2,280 | $460,000 | 2026-06-23 |
| 2250 NW 154th St | single_family | 3 | 1 | 988 | $420,000 | 2026-06-18 |
| 2748 NW 131st St | single_family | 3 | 3 | 1,263 | $275,000 | 2026-06-17 |
| 15740 NW 17th Ct | single_family | 3 | 3 | 1,786 | $489,000 | 2026-06-12 |
| 16401 NW 17th Ct | single_family | 3 | 1 | 1,020 | $360,000 | 2026-06-11 |
| 1246 Sharazad Blvd | single_family | 3 | 1 | 1,306 | $499,900 | 2026-06-09 |
| 3780 NW 165th St | single_family | 3 | 2 | 1,172 | $540,000 | 2026-06-08 |
| 16400 NW 17th Ct | single_family | 3 | 1 | 840 | $347,500 | 2026-05-29 |
| 1218 Fisherman St | single_family | 3 | 1 | 1,025 | $250,000 | 2026-05-28 |
| 15210 NW 28th Pl | single_family | 3 | 2 | 936 | $495,000 | 2026-05-27 |
| 16000 NW 21st Ave | single_family | 3 | 2 | 1,152 | $479,000 | 2026-05-22 |
| 2901 NW 163rd St | single_family | 3 | 1 | 816 | $473,000 | 2026-05-18 |
| 3241 NW 154th Ter | single_family | 3 | 2 | 1,674 | $545,000 | 2026-05-14 |
| 120 Seaman Ave | single_family | 3 | 4 | 888 | $520,000 | 2026-05-13 |
| 841 Atlantic Ave | single_family | 3 | 2 | 1,080 | $375,000 | 2026-05-08 |
| 15321 NW Railroad Dr | single_family | 3 | 1 | 780 | $360,000 | 2026-05-07 |
| 16441 NW 18th Ave | single_family | 3 | 1 | 840 | $449,000 | 2026-05-07 |
| 16350 NW 37th Ave | single_family | 3 | 1 | 1,200 | $525,000 | 2026-05-06 |
| 2455 NW 158th St | single_family | 3 | 2 | 1,116 | $370,000 | 2026-05-04 |
| 15330 NW 29th Ct | single_family | 3 | 1 | 936 | $420,000 | 2026-05-01 |
| 16351 NW 37th Ct | single_family | 3 | 2 | 1,344 | $485,000 | 2026-04-30 |
| 2396 Service Rd | single_family | 3 | 2 | 950 | $449,000 | 2026-04-29 |
| 941 Jann Ave | single_family | 3 | 2 | 1,250 | $478,000 | 2026-04-28 |
| 905 Atlantic Ave | single_family | 3 | 1 | 975 | $460,000 | 2026-04-24 |
| 1930 NW 152nd Ter | single_family | 3 | 2 | 995 | $445,000 | 2026-04-22 |
| 16320 NW 19th Ct | single_family | 3 | 2 | 1,405 | $560,000 | 2026-04-19 |
| 15815 NW 22nd Ave | single_family | 3 | 1 | 864 | $420,000 | 2026-04-17 |
| 719 Harem Ave | single_family | 3 | 2 | 1,280 | $500,000 | 2026-04-16 |
| 2310 NW 155th St | single_family | 3 | 2 | 1,080 | $545,000 | 2026-04-16 |
| 945 Sharazad Blvd | single_family | 3 | 2 | 988 | $520,000 | 2026-04-13 |
| 1897 Rutland St | single_family | 3 | 2 | 999 | $380,000 | 2026-04-02 |
| 15401 NW 28th Ct | single_family | 3 | 1 | 936 | $450,000 | 2026-03-27 |
| 1861 NW 163rd St | single_family | 3 | 1 | 864 | $325,000 | 2026-03-20 |
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 |
|---|---|---|---|---|---|---|
| 16815 NW 38th Ct | single_family | 3 | 2 | 1,382 | $499,000 | — |
| 16520 NW 18th Ave | single_family | 3 | 1 | 1,302 | $300,000 | — |
| 1210 Kasim St | single_family | 3 | 1 | 975 | $165,000 | — |
| 2961 NW 162nd St | single_family | 3 | 2 | 1,312 | $579,000 | — |
| 820 Curtiss Dr | single_family | 3 | 2 | 1,008 | $224,900 | — |
| 1781 NW 152nd Ter | single_family | 3 | 1 | 1,289 | $575,000 | — |
| 2381 NW 153rd St | single_family | 3 | 2 | 788 | $438,000 | — |
| 2911 NW 161st St | single_family | 3 | 1 | 816 | $400,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $401,700 | $17,136 | -$8,514 | $308,617 | $93,083 |
| 2 | $413,751 | $17,711 | -$7,979 | $305,002 | $108,749 |
| 3 | $426,164 | $18,304 | -$7,426 | $301,139 | $125,025 |
| 4 | $438,948 | $18,917 | -$6,855 | $297,010 | $141,938 |
| 5 | $452,117 | $19,550 | -$6,265 | $292,598 | $159,519 |
| 6 | $465,680 | $20,203 | -$5,656 | $287,883 | $177,798 |
| 7 | $479,651 | $20,878 | -$5,026 | $282,844 | $196,807 |
| 8 | $494,040 | $21,574 | -$4,376 | $277,459 | $216,582 |
| 9 | $508,862 | $22,294 | -$3,704 | $271,704 | $237,158 |
| 10 | $524,127 | $23,036 | -$3,009 | $265,554 | $258,574 |