| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $208,000 |
| Down payment (20.0%) | $41,600 |
| Loan amount | $166,400 |
| Closing costs (5.0%) | $10,400 |
| Total cash to close | $52,000 |
| Income | |
| Rent (comp-derived) | $1,925$23,100 |
| Vacancy loss (8.0%) | |
| Effective gross income | $1,771$21,252 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $329$3,952 |
| Insurance (est. scaled by flood & wind risk) | $208$2,496 |
| HOA dues | $360$4,320 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $96$1,155 |
| Total operating expenses | $994$11,923 |
| 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) | $96$1,155 |
| 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 | 1 | 1 | 750 | $1,950 | 2026-08-10 | — | |
| townhomes | 1 | 1 | 887 | $1,900 | 2026-08-19 | — | |
| townhomes | 1 | 1 | 750 | $2,000 | 2026-08-06 | — | |
| townhomes | 1 | 1 | 850 | $1,800 | — | — | |
| townhomes | 1 | 1 | 850 | $1,925 | — | — | |
| townhomes | 1 | 1 | 850 | $1,925 | — | — |
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 |
|---|---|---|---|---|---|---|
| 7548 NW 173rd Ter | townhomes | 3 | 2 | 1,190 | $465,000 | 2026-09-01 |
| 19174 Bobolink Dr | townhomes | 2 | 3 | 1,600 | $490,000 | 2026-08-28 |
| 19113 NW 64th Ct | townhomes | 3 | 3 | 1,298 | $485,000 | 2026-08-25 |
| 7353 NW 174th Ter Apt 107 | townhomes | 3 | 3 | 1,500 | $425,000 | 2026-08-24 |
| 9167561492 | townhomes | 3 | 2 | 1,218 | $490,000 | 2026-08-21 |
| 6725 NW 188th Ter | townhomes | 2 | 2 | 1,032 | $395,000 | 2026-08-21 |
| 17914 NW 66th Court Cir | townhomes | 2 | 2 | 1,071 | $430,000 | 2026-08-14 |
| 6722 NW 192nd Ln | townhomes | 2 | 2 | 1,089 | $375,000 | 2026-08-07 |
| 19408 W Lake Dr | townhomes | 4 | 3 | 2,600 | $492,500 | 2026-08-06 |
| 17455 NW 75th Pl Apt 203 | townhomes | 4 | 3 | 2,430 | $425,000 | 2026-07-30 |
| 18388 NW 75th Psge Unit 2603 | townhomes | 2 | 2 | 990 | $372,000 | 2026-07-28 |
| 6704 NW 192nd Ter | townhomes | 2 | 2 | 1,032 | $415,000 | 2026-07-17 |
| 7332 Bay Hill Dr | townhomes | 2 | 2 | 1,308 | $450,000 | 2026-07-06 |
| 7560 NW 173rd Ln | townhomes | 3 | 2 | 1,190 | $473,000 | 2026-06-30 |
| 19750 Cypress Ct | townhomes | 3 | 2 | 1,537 | $475,000 | 2026-06-29 |
| 7452 NW 178th St | townhomes | 2 | 3 | 1,150 | $435,000 | 2026-06-19 |
| 6940 NW 177th St Unit P104 | townhomes | 4 | 3 | 1,500 | $383,000 | 2026-06-17 |
| 7301 NW 174th Ter Apt 100 | townhomes | 4 | 3 | 1,500 | $425,000 | 2026-06-05 |
| 7317 NW 174th Ter Apt 102 | townhomes | 3 | 3 | 1,387 | $425,000 | 2026-06-03 |
| 6970 NW 177th St Unit M101 | townhomes | 3 | 3 | 1,386 | $400,000 | 2026-05-29 |
| 17298 NW 60th Ct | townhomes | 2 | 2 | 932 | $345,000 | 2026-05-26 |
| 6723 NW 188th Ter | townhomes | 2 | 2 | 1,032 | $410,000 | 2026-05-20 |
| 6726 NW 188th Ter | townhomes | 2 | 2 | 1,089 | $400,000 | 2026-05-18 |
| 17026 NW 66th Ct | townhomes | 3 | 2 | 1,115 | $433,000 | 2026-05-15 |
| 6548 NW 170 Ter Unit 6548 | townhomes | 2 | 2 | 991 | $369,000 | 2026-05-07 |
| 7355 NW 173rd Dr Apt 103 | townhomes | 3 | 3 | 1,860 | $460,000 | 2026-05-01 |
| 17246 NW 74th Ct | townhomes | 3 | 2 | 1,218 | $440,000 | 2026-04-21 |
| 19816 Bobolink Dr | townhomes | 3 | 2 | 1,821 | $494,800 | 2026-04-21 |
| 6353 NW 190th Ter | townhomes | 3 | 3 | 1,419 | $485,000 | 2026-04-17 |
| 17355 NW 66th Ct | townhomes | 3 | 2 | 1,687 | $515,000 | 2026-04-14 |
| 17360 NW 69th Ct Apt 204 | townhomes | 3 | 3 | 1,520 | $430,000 | 2026-04-10 |
| 6169 NW 170th Ter | townhomes | 3 | 2 | 1,582 | $428,000 | 2026-04-07 |
| 17270 NW 60th Ct | townhomes | 2 | 2 | 991 | $380,000 | 2026-03-31 |
| 6243 NW 171st St | townhomes | 3 | 2 | 1,582 | $450,000 | 2026-03-27 |
| 6551 NW 170th Ter | townhomes | 2 | 2 | 991 | $375,000 | 2026-03-25 |
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 |
|---|---|---|---|---|---|---|
| 18051 NW 68th Ave Apt K201 | condos | 1 | 2 | 982 | $129,000 | — |
| condos | 1 | 1 | 870 | $215,500 | — | |
| 17911 NW 68th Ave Apt N206 | condos | 1 | 2 | 943 | $120,000 | — |
| 18328 NW 68th Ave Apt O | condos | 1 | 1 | 782 | $185,000 | — |
| 6812 Brookline Dr Unit 6812 | condos | 1 | 2 | 951 | $245,000 | — |
| 17425 NW 67th Pl Unit N13 | condos | 1 | 1 | 750 | $229,500 | — |
| 6980 NW 186th St Unit 3-423 | condos | 1 | 1 | 382 | $152,900 | — |
| 18304 NW 68th Ave Apt N | condos | 1 | 1 | 763 | $185,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $214,240 | $9,329 | -$4,658 | $164,596 | $49,644 |
| 2 | $220,667 | $9,668 | -$4,347 | $162,668 | $57,999 |
| 3 | $227,287 | $10,020 | -$4,026 | $160,607 | $66,680 |
| 4 | $234,106 | $10,383 | -$3,693 | $158,406 | $75,700 |
| 5 | $241,129 | $10,759 | -$3,348 | $156,052 | $85,077 |
| 6 | $248,363 | $11,147 | -$2,992 | $153,538 | $94,825 |
| 7 | $255,814 | $11,549 | -$2,622 | $150,850 | $104,964 |
| 8 | $263,488 | $11,965 | -$2,240 | $147,978 | $115,510 |
| 9 | $271,393 | $12,394 | -$1,845 | $144,909 | $126,484 |
| 10 | $279,535 | $12,839 | -$1,436 | $141,629 | $137,905 |