| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $780,000 |
| Down payment (20.0%) | $156,000 |
| Loan amount | $624,000 |
| Closing costs (5.0%) | $39,000 |
| Total cash to close | $195,000 |
| Income | |
| Rent (comp-derived) | $3,700$44,400 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,404$40,848 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,235$14,820 |
| Insurance (placeholder 0.8% of price) | $520$6,240 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $185$2,220 |
| Total operating expenses | $1,940$23,280 |
| 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) | $185$2,220 |
| 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 | 2 | 2,043 | $12,000 | 2026-08-20 | — | |
| single_family | 3 | 2 | 1,762 | $3,900 | 2026-08-10 | — | |
| single_family | 3 | 2 | 1,668 | $5,500 | 2026-07-21 | — | |
| single_family | 3 | 2 | 2,204 | $2,950 | 2026-06-08 | — | |
| single_family | 3 | 2 | 1,500 | $2,850 | 2026-08-03 | — | |
| single_family | 3 | 3 | 1,716 | $3,700 | 2026-04-19 | — | |
| single_family | 3 | 2 | 1,257 | $3,500 | 2026-08-24 | — | |
| single_family | 3 | 2 | 1,350 | $2,950 | — | — | |
| single_family | 3 | 3 | 1,356 | $3,750 | 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 |
|---|---|---|---|---|---|---|
| 3260 SW 2nd St | single_family | 3 | 2 | 1,554 | $590,000 | 2026-08-20 |
| 2257 SW 11th St | single_family | 3 | 2 | 1,500 | $695,000 | 2026-08-14 |
| 329 SW 15th Ave | single_family | 3 | 1 | 804 | $500,000 | 2026-08-13 |
| 3630 SW 3rd St | single_family | 3 | 2 | 1,179 | $630,000 | 2026-08-03 |
| 1737 SW 10th St | single_family | 3 | 2 | 1,828 | $1,385,000 | 2026-07-22 |
| 3201 SW 3rd St | single_family | 3 | 2 | 1,872 | $590,000 | 2026-07-15 |
| 1601 SW 11th Ter | single_family | 3 | 2 | 1,992 | $1,425,000 | 2026-07-08 |
| 3135 SW 7th St | single_family | 3 | 2 | 1,387 | $772,500 | 2026-07-08 |
| 3631 SW 6th St | single_family | 3 | 2 | 1,808 | $550,000 | 2026-06-30 |
| 3625 SW 6th St | single_family | 3 | 2 | 1,282 | $550,000 | 2026-06-25 |
| 2533 SW 5th St | single_family | 3 | 1 | 1,472 | $799,000 | 2026-06-01 |
| 1632 SW 12th St | single_family | 3 | 2 | 1,412 | $870,000 | 2026-05-27 |
| 1746 SW 9th St | single_family | 3 | 1 | 1,595 | $550,000 | 2026-05-26 |
| 75 SW 32nd Court Rd | single_family | 3 | 2 | 1,437 | $690,000 | 2026-05-22 |
| 927 SW 18th Ave | single_family | 3 | 2 | 1,934 | $1,000,000 | 2026-05-20 |
| 1700 SW 11th Ter | single_family | 3 | 2 | 1,040 | $2,795,000 | 2026-05-19 |
| 641 SW 35th Ave | single_family | 3 | 2 | 1,256 | $650,000 | 2026-05-18 |
| 1755 SW 10th St | single_family | 3 | 4 | 3,630 | $1,897,800 | 2026-05-13 |
| 2228 SW 2nd St | single_family | 3 | 2 | 1,397 | $500,000 | 2026-05-11 |
| 2357 SW 11th Ter | single_family | 3 | 2 | 1,428 | $884,500 | 2026-04-10 |
| 88 SW 29th Ave | single_family | 3 | 2 | 1,125 | $645,000 | 2026-03-13 |
| 300 SW 31st Ct | single_family | 3 | 1 | 1,230 | $475,000 | 2026-03-09 |
| 2290 SW 2nd Ter | single_family | 3 | 2 | — | $650,000 | 2026-03-05 |
| 1776 SW 11th Ter | single_family | 3 | 2 | 1,870 | $945,000 | 2026-02-27 |
| 1729 SW 12th St | single_family | 3 | 2 | 2,050 | $1,160,000 | 2026-02-10 |
| 420 SW 13th Ave | single_family | 3 | 1 | 1,040 | $400,000 | 2026-01-09 |
| 2372 SW 11th Ter | single_family | 3 | 3 | 1,365 | $525,000 | 2026-01-06 |
| 1515 SW 10th St | single_family | 3 | 4 | 2,566 | $1,440,000 | 2025-12-23 |
| 2380 SW 7th St | single_family | 3 | 2 | 1,737 | $635,000 | 2025-12-22 |
| 3180 SW 2nd St | single_family | 3 | 2 | 1,116 | $600,000 | 2025-12-19 |
| 600 SW 31st Ave | single_family | 3 | 2 | 1,154 | $640,000 | 2025-12-03 |
| 590 SW 36th Ave | single_family | 3 | 2 | 1,591 | $650,000 | 2025-12-03 |
| 3038 SW 7th St | single_family | 3 | 2 | 2,243 | $485,000 | 2025-11-20 |
| 1031 SW 29th Ave | single_family | 3 | 1 | 940 | $380,000 | 2025-10-06 |
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 |
|---|---|---|---|---|---|---|
| 1274 SW 5th St | single_family | 3 | 2 | 1,170 | $749,999 | — |
| 3130 SW 6th St | single_family | 3 | 3 | 2,350 | $815,000 | — |
| 2353 SW 4th St | single_family | 3 | 2 | 1,765 | $865,000 | — |
| 2260 SW 5th St | single_family | 3 | 2 | 1,328 | $640,000 | — |
| 3080 SW 5th St | single_family | 3 | 1 | 1,534 | $599,999 | — |
| 3640 SW 11th St | single_family | 3 | 2 | 1,595 | $822,000 | — |
| multi_family | 3 | 7 | 1,364 | $1,340,000 | — | |
| 2752 SW 11th St | single_family | 3 | 3 | 1,620 | $750,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $803,400 | $17,568 | -$32,772 | $617,234 | $186,166 |
| 2 | $827,502 | $18,211 | -$32,184 | $610,004 | $217,498 |
| 3 | $852,327 | $18,877 | -$31,575 | $602,278 | $250,049 |
| 4 | $877,897 | $19,566 | -$30,945 | $594,021 | $283,876 |
| 5 | $904,234 | $20,278 | -$30,292 | $585,196 | $319,037 |
| 6 | $931,361 | $21,015 | -$29,617 | $575,766 | $355,595 |
| 7 | $959,302 | $21,777 | -$28,917 | $565,688 | $393,613 |
| 8 | $988,081 | $22,565 | -$28,193 | $554,919 | $433,162 |
| 9 | $1,017,723 | $23,381 | -$27,444 | $543,409 | $474,314 |
| 10 | $1,048,255 | $24,224 | -$26,669 | $531,109 | $517,145 |