| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $8,990,000 |
| Down payment (20.0%) | $1,798,000 |
| Loan amount | $7,192,000 |
| Closing costs (5.0%) | $449,500 |
| Total cash to close | $2,247,500 |
| Income | |
| Rent (comp-derived) | $14,000$168,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $12,880$154,560 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $14,234$170,810 |
| Insurance (est. scaled by flood & wind risk) | $10,488$125,860 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $700$8,400 |
| Total operating expenses | $25,423$305,070 |
| 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) | $700$8,400 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 10 | 6 | 5,116 | $14,000 | 2026-07-21 | — |
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 |
|---|---|---|---|---|---|---|
| 17340 SW 154th Pl | single_family | 6 | 4 | 2,587 | $815,000 | 2026-08-31 |
| 18280 SW 202nd St | single_family | 4 | 3 | 5,310 | $1,275,000 | 2026-08-31 |
| 17901 SW 152nd Ave | single_family | 6 | 4 | 3,002 | $820,000 | 2026-08-28 |
| 20076 SW 190th St | single_family | 5 | 3 | 2,244 | $1,135,000 | 2026-08-27 |
| 15620 SW 188th Ct | single_family | 7 | 6 | 7,384 | $7,500,000 | 2026-08-25 |
| 15288 SW 176th Ter | single_family | 5 | 5 | 3,396 | $800,000 | 2026-08-19 |
| 15102 SW 177th Ter | single_family | 4 | 4 | 2,612 | $720,000 | 2026-08-19 |
| 16933 SW 215th Ter | single_family | 5 | 4 | 3,243 | $950,000 | 2026-08-17 |
| 15100 SW 175th St | single_family | 5 | 3 | 3,128 | $1,010,000 | 2026-08-14 |
| 16020 SW 153rd Ave | single_family | 3 | 2 | 1,656 | $500,000 | 2026-08-13 |
| 17766 SW 154th Pl | single_family | 4 | 2 | 1,627 | $615,000 | 2026-08-10 |
| 14864 SW 163rd Ter | single_family | 5 | 3 | 2,640 | $799,000 | 2026-07-31 |
| 18049 SW 152nd Ave | single_family | 3 | 2 | 1,726 | $675,000 | 2026-07-30 |
| 14719 SW 176th St | single_family | 3 | 2 | 1,107 | $560,000 | 2026-07-30 |
| 15530 SW 155th Ave | single_family | 4 | 2 | 2,667 | $850,000 | 2026-07-30 |
| 15305 SW 209th Ave | single_family | 3 | 2 | 1,845 | $988,000 | 2026-07-23 |
| 20520 SW 190th St | single_family | 4 | 3 | 3,540 | $1,400,000 | 2026-07-20 |
| 14802 SW 176th Ter | single_family | 4 | 2 | 1,723 | $776,000 | 2026-07-20 |
| 19155 SW 190th St | single_family | 4 | 2 | 1,899 | $650,000 | 2026-07-15 |
| 18163 SW 149th Pl | single_family | 4 | 4 | 2,342 | $799,000 | 2026-07-14 |
| 16101 SW 153rd Ave | single_family | 4 | 3 | 2,396 | $787,000 | 2026-07-14 |
| 15296 SW 168th St | single_family | 4 | 3 | 2,107 | $945,000 | 2026-07-09 |
| 17481 SW 192nd St | single_family | 2 | 2 | — | $1,120,000 | 2026-07-07 |
| 17301 SW 149th Ct | single_family | 3 | 2 | 1,418 | $635,000 | 2026-07-07 |
| 15414 SW 147th Ave | single_family | 3 | 2 | 2,530 | $730,000 | 2026-07-02 |
| 15212 SW 148th Ct | single_family | 3 | 2 | 1,352 | $720,000 | 2026-06-30 |
| 15523 SW 171st St | single_family | 4 | 3 | 2,166 | $710,000 | 2026-06-30 |
| 19340 SW 190th St | single_family | 3 | 4 | 3,115 | $1,100,000 | 2026-06-30 |
| 15421 SW 158th St | single_family | 5 | 2 | 2,131 | $750,000 | 2026-06-29 |
| 14856 SW 174th St | single_family | 4 | 2 | 1,522 | $645,000 | 2026-06-26 |
| 18895 SW 212th St | single_family | 4 | 4 | 1,264 | $950,000 | 2026-06-26 |
| 17344 SW 149th Pl | single_family | 3 | 2 | 1,211 | $545,000 | 2026-06-22 |
| 16144 SW 148th Pl | single_family | 5 | 4 | 3,033 | $825,000 | 2026-06-18 |
| 19530 SW 210th St | single_family | 4 | 3 | 2,111 | $950,000 | 2026-06-16 |
| 14981 SW 180th Ter | single_family | 3 | 2 | 1,641 | $566,000 | 2026-06-11 |
| 14721 SW 170th Ter | single_family | 4 | 2 | 1,753 | $760,000 | 2026-06-05 |
| 15299 SW 167th St | single_family | 4 | 2 | 2,592 | $1,000,000 | 2026-06-04 |
| 15562 SW 177th Ter | single_family | 5 | 2 | 1,760 | $720,000 | 2026-06-02 |
| 17113 SW 215th Ter | single_family | 4 | 3 | 2,805 | $984,000 | 2026-05-30 |
| 15730 SW 152nd Ave | single_family | 3 | 2 | 1,250 | $680,000 | 2026-05-29 |
| 18451 SW 158th St | single_family | 6 | 9 | 11,520 | $6,100,000 | 2026-05-26 |
| 15900 SW 197th Ave | single_family | 3 | 2 | 2,580 | $1,370,000 | 2026-05-22 |
| 14931 SW 168th Ter | single_family | 3 | 2 | 1,658 | $690,000 | 2026-05-21 |
| 15519 SW 182nd Ln | single_family | 4 | 3 | 1,765 | $730,000 | 2026-05-19 |
| 15182 SW 171st St | single_family | 4 | 3 | 2,001 | $699,000 | 2026-05-18 |
| 15382 SW 153rd St | single_family | 4 | 2 | 1,898 | $839,000 | 2026-05-18 |
| 17921 SW 149th Ct | single_family | 5 | 5 | 3,427 | $1,129,900 | 2026-05-15 |
| 15796 SW 209th Ave | single_family | — | 0 | — | $650,000 | 2026-05-13 |
| 20250 SW 157th Ave | single_family | 3 | 2 | 3,463 | $850,000 | 2026-05-13 |
| 15431 SW 171st St | single_family | 5 | 3 | 2,249 | $680,000 | 2026-05-13 |
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 |
|---|---|---|---|---|---|---|
| 20551 SW 162nd Ave | single_family | 10 | 11 | 27,808 | $14,250,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $9,259,700 | -$150,510 | -$713,523 | $7,114,023 | $2,145,677 |
| 2 | $9,537,491 | -$153,500 | -$716,723 | $7,030,691 | $2,506,800 |
| 3 | $9,823,616 | -$156,541 | -$719,979 | $6,941,636 | $2,881,980 |
| 4 | $10,118,324 | -$159,635 | -$723,294 | $6,846,466 | $3,271,858 |
| 5 | $10,421,874 | -$162,782 | -$726,666 | $6,744,761 | $3,677,113 |
| 6 | $10,734,530 | -$165,981 | -$730,098 | $6,636,071 | $4,098,459 |
| 7 | $11,056,566 | -$169,235 | -$733,589 | $6,519,917 | $4,536,649 |
| 8 | $11,388,263 | -$172,543 | -$737,141 | $6,395,788 | $4,992,475 |
| 9 | $11,729,911 | -$175,906 | -$740,754 | $6,263,134 | $5,466,777 |
| 10 | $12,081,808 | -$179,325 | -$744,428 | $6,121,370 | $5,960,438 |