15741 SW 147th Ct

Miami, FL 33187 · single_family · For Sale · 78 days on market
Asking price$775,000
3 beds 2 baths 1,666 sqft
Suggested offer$673,464$101,536 above the est. market value of $673,464.
View on Realtor.com →
Listed by Drew Kern · BHHS EWM Realty
Typesingle_family
Built1987
Price / sqft$465
Est. value (own analysis)$673,464
Rent estimate (own analysis)$3,500/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-06-17
Removed date
MLSMiamiMLS #A12036245
Coordinates25.62022, -80.43115
Address15741 SW 147th Ct
CityMiami
StateFL
Zip33187
Listing ID6694319163
Sourceus-real-estate-listings, cached 2026-08-28

ZIP market snapshot (33187)

Typical home value (ZHVI)$720,811
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$775,000
Down payment (20.0%)$155,000
Loan amount$620,000
Closing costs (5.0%)$38,750
Total cash to close$193,750
Rent (comp-derived)$3,500$42,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$42,000
Vacancy rate (assumption) assumption8.0%

$42,000 × 8.0% = $3,360

Effective gross income$3,220$38,640
Property tax (placeholder 1.9% of price)$1,227$14,725
Insurance (placeholder 0.8% of price)$517$6,200
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$175$2,100
Total operating expenses$1,919$23,025
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$38,640
Total operating expenses derived$23,025

$38,640 − $23,025 = $15,615

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$620,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$620,000 amortized at 6.7% over 30 years = $3,984/mo

CapEx reserve (5.0% of GSR)$175$2,100
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$15,615
Annual debt service derived$47,811
Annual CapEx reserve assumption$2,100
Annual PMI assumption$0

($15,615 − $47,811 − $2,100 − $0) ÷ 12 = -$2,858

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$15,615
Purchase price data$775,000

$15,615 ÷ $775,000 = 2.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$34,296
Total cash to close derived$193,750

-$34,296 ÷ $193,750 = -17.7%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$15,615
Annual debt service derived$47,811

$15,615 ÷ $47,811 = 0.33

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$42,000
Purchase price data$775,000

($42,000 ÷ 12) ÷ $775,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$775,000
Gross scheduled rent (annual) comp$42,000

$775,000 ÷ $42,000 = 18.5

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,025
Effective gross income derived$38,640

$23,025 ÷ $38,640 = 59.6%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$23,025
Annual debt service derived$47,811
Annual PMI assumption$0
Gross scheduled rent (annual) comp$42,000

($23,025 + $47,811 + $0) ÷ $42,000 = 168.7%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family321,421$4,7002026-07-22
single_family322,025$3,5002026-07-28
single_family321,980$3,5002026-08-22
single_family331,321$2,966
single_family331,710$3,150
single_family321,980$3,8002026-08-28
single_family321,799$2,835

18391 SW 204th St

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,421
Listed2026-07-22
Days on market

Asking rent: $4,700

View on Zillow →

15430 SW 194th Ave

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,025
Listed2026-07-28
Days on market

Asking rent: $3,500

View on Zillow →

14920 SW 175th St

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,980
Listed2026-08-22
Days on market

Asking rent: $3,500

View on Zillow →

18240 SW 148th Rd

Quail Heights, 33187 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,321
Listed
Days on market

Asking rent: $2,966

View on Zillow →

17460 SW 153rd Ave

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,710
Listed
Days on market

Asking rent: $3,150

View on Zillow →

14919 SW 177th Ter Unit 14919

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,980
Listed2026-08-28
Days on market

Asking rent: $3,800

View on Zillow →

18081 SW 152nd Ct

Miami, 33187 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,799
Listed
Days on market

Asking rent: $2,835

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
16020 SW 153rd Avesingle_family321,656$500,0002026-08-13
18049 SW 152nd Avesingle_family321,726$675,0002026-07-30
14719 SW 176th Stsingle_family321,107$560,0002026-07-30
15305 SW 209th Avesingle_family321,845$988,0002026-07-23
17301 SW 149th Ctsingle_family321,418$635,0002026-07-07
15414 SW 147th Avesingle_family322,530$730,0002026-07-02
15212 SW 148th Ctsingle_family321,352$720,0002026-06-30
19340 SW 190th Stsingle_family343,115$1,100,0002026-06-30
17344 SW 149th Plsingle_family321,211$545,0002026-06-22
14981 SW 180th Tersingle_family321,641$566,0002026-06-11
15730 SW 152nd Avesingle_family321,250$680,0002026-05-29
15900 SW 197th Avesingle_family322,580$1,370,0002026-05-22
14931 SW 168th Tersingle_family321,658$690,0002026-05-21
20250 SW 157th Avesingle_family323,463$850,0002026-05-13
18004 SW 154th Avesingle_family331,824$680,0002026-04-28
19755 SW 190th Stsingle_family321,730$900,0002026-04-10
15412 SW 183rd Tersingle_family321,706$750,0002026-04-01
15129 SW 173rd Tersingle_family321,673$599,0002026-03-31
18121 SW 152nd Ctsingle_family321,593$640,0002026-03-19
18890 SW 184th Stsingle_family325,203$1,300,0002026-03-12
19511 SW 214th Stsingle_family333,694$1,050,0002026-03-12
14930 SW 157th Tersingle_family321,932$730,0002026-02-26
17020 SW 149th Avesingle_family331,887$680,0002026-02-20
16021 SW 173rd Avesingle_family322,511$830,0002026-02-02
16101 SW 202nd Avesingle_family321,326$461,0002026-01-21
14891 SW 170th Tersingle_family321,418$605,0002025-12-18
14769 SW 176th Stsingle_family321,340$545,0002025-12-18
16640 SW 196th Stsingle_family321,818$635,0002025-12-12
14711 SW 170th Tersingle_family321,753$673,0002025-12-10
15441 SW 160th Stsingle_family321,448$590,0002025-12-04
18900 SW 186th Stsingle_family332,288$1,199,0002025-11-24
15223 SW 152nd Avesingle_family321,679$735,0002025-11-07
15266 SW 178th Tersingle_family321,774$620,0002025-11-06
18030 SW 153rd Ctsingle_family321,400$600,0002025-11-03
14763 SW 173rd Tersingle_family321,461$635,0002025-10-30
14853 SW 178th Tersingle_family322,023$775,0002025-10-16
14710 SW 172nd Stsingle_family321,465$640,0002025-10-08
6981689591single_family331,507$1,420,0002025-09-22
19800 SW 180th Stsingle_family321,690$300,0002025-09-19
15240 SW 152nd Tersingle_family321,396$638,0002025-09-11
21180 SW 187th Avesingle_family322,105$400,0002025-09-11
21140 SW 179th Avesingle_family321,404$700,0002025-09-11

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.

AddressTypeBedsBathsSqftAsking priceDays on market
19800 SW 180th Ave Lot 105mobile321,690$310,000
15481 SW 155th Tersingle_family321,448$724,800
19651 SW 168th Stsingle_family331,905$2,800,000
14770 SW 172nd Stsingle_family321,465$645,000
18062 SW 147th Cttownhomes331,520$480,000
15431 SW 177th Tersingle_family321,618$689,900
single_family322,020$782,999
19800 SW 180th Ave Lot 131mobile321,430$300,000

10-year hold projection

IRR-1.9%
Equity multiple0.70x
Total return (10yr)$42,196
YearProperty valueNOICash flowLoan balanceEquity
1$798,250$15,615-$34,296$613,278$184,972
2$822,198$16,199-$33,765$606,094$216,104
3$846,863$16,803-$33,215$598,417$248,447
4$872,269$17,428-$32,645$590,212$282,057
5$898,437$18,074-$32,055$581,445$316,993
6$925,391$18,744-$31,444$572,075$353,316
7$953,152$19,436-$30,811$562,062$391,091
8$981,747$20,153-$30,155$551,361$430,386
9$1,011,199$20,894-$29,476$539,925$471,274
10$1,041,535$21,661-$28,773$527,704$513,831
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.