1831 SW 10th St

Miami, FL 33135 · single_family · For Sale · 44 days on market
Asking price$780,000
3 beds 2 baths 1,876 sqft
View on Realtor.com →
Listed by Ivet Barrera · RE/MAX Advance Realty II
Typesingle_family
Built1925
Price / sqft$416
Est. value (own analysis)$970,010
Rent estimate (own analysis)$3,700/mo
HOANone
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Neighborhood

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Statusfor_sale
Listed date2026-07-20
Removed date
MLSMiamiMLS #A12054139
Coordinates25.76421, -80.22518
Address1831 SW 10th St
CityMiami
StateFL
Zip33135
Listing ID6776707344
Sourceus-real-estate-listings, cached 2026-08-30

ZIP market snapshot (33135)

Typical home value (ZHVI)$531,790
Typical rent (ZORI)$2,051/mo
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$780,000
Down payment (20.0%)$156,000
Loan amount$624,000
Closing costs (5.0%)$39,000
Total cash to close$195,000
Rent (comp-derived)$3,700$44,400
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$44,400
Vacancy rate (assumption) assumption8.0%

$44,400 × 8.0% = $3,552

Effective gross income$3,404$40,848
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)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$40,848
Total operating expenses derived$23,280

$40,848 − $23,280 = $17,568

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$624,000
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$624,000 amortized at 6.7% over 30 years = $4,010/mo

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

Monthly Cash Flow

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

NOI derived$17,568
Annual debt service derived$48,120
Annual CapEx reserve assumption$2,220
Annual PMI assumption$0

($17,568 − $48,120 − $2,220 − $0) ÷ 12 = -$2,731

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$17,568
Purchase price data$780,000

$17,568 ÷ $780,000 = 2.3%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$32,772
Total cash to close derived$195,000

-$32,772 ÷ $195,000 = -16.8%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$17,568
Annual debt service derived$48,120

$17,568 ÷ $48,120 = 0.37

Rent-to-price (1% rule)

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

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$44,400
Purchase price data$780,000

($44,400 ÷ 12) ÷ $780,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$780,000
Gross scheduled rent (annual) comp$44,400

$780,000 ÷ $44,400 = 17.6

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$23,280
Effective gross income derived$40,848

$23,280 ÷ $40,848 = 57.0%

Break-even occupancy

Break-Even Occupancy

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

Total operating expenses derived$23,280
Annual debt service derived$48,120
Annual PMI assumption$0
Gross scheduled rent (annual) comp$44,400

($23,280 + $48,120 + $0) ÷ $44,400 = 160.8%

Comparables

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

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family322,043$12,0002026-08-20
single_family321,762$3,9002026-08-10
single_family321,668$5,5002026-07-21
single_family322,204$2,9502026-06-08
single_family321,500$2,8502026-08-03
single_family331,716$3,7002026-04-19
single_family321,257$3,5002026-08-24
single_family321,350$2,950
single_family331,356$3,7502026-08-28

1424 SW 11th St

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,043
Listed2026-08-20
Days on market

Asking rent: $12,000

View on Zillow →

220 SW 32nd Ave Unit Front

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,762
Listed2026-08-10
Days on market

Asking rent: $3,900

View on Zillow →

1720 SW 11th Ter

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,668
Listed2026-07-21
Days on market

Asking rent: $5,500

View on Zillow →

1243 SW 3rd St Unit 1

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage2,204
Listed2026-06-08
Days on market

Asking rent: $2,950

View on Zillow →

2026 SW 9th St

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,500
Listed2026-08-03
Days on market

Asking rent: $2,850

View on Zillow →

1101 SW 17th Ave Unit 0

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,716
Listed2026-04-19
Days on market

Asking rent: $3,700

View on Zillow →

1200 SW 18th Ave

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,257
Listed2026-08-24
Days on market

Asking rent: $3,500

View on Zillow →

1695 SW 11th St Apt 203

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 2 ba
Square footage1,350
Listed
Days on market

Asking rent: $2,950

View on Zillow →

3610 SW 4th St Unit 3610

Miami, 33135 · rent comp

Bedrooms / bathrooms3 bd / 3 ba
Square footage1,356
Listed2026-08-28
Days on market

Asking rent: $3,750

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
3260 SW 2nd Stsingle_family321,554$590,0002026-08-20
2257 SW 11th Stsingle_family321,500$695,0002026-08-14
329 SW 15th Avesingle_family31804$500,0002026-08-13
3630 SW 3rd Stsingle_family321,179$630,0002026-08-03
1737 SW 10th Stsingle_family321,828$1,385,0002026-07-22
3201 SW 3rd Stsingle_family321,872$590,0002026-07-15
1601 SW 11th Tersingle_family321,992$1,425,0002026-07-08
3135 SW 7th Stsingle_family321,387$772,5002026-07-08
3631 SW 6th Stsingle_family321,808$550,0002026-06-30
3625 SW 6th Stsingle_family321,282$550,0002026-06-25
2533 SW 5th Stsingle_family311,472$799,0002026-06-01
1632 SW 12th Stsingle_family321,412$870,0002026-05-27
1746 SW 9th Stsingle_family311,595$550,0002026-05-26
75 SW 32nd Court Rdsingle_family321,437$690,0002026-05-22
927 SW 18th Avesingle_family321,934$1,000,0002026-05-20
1700 SW 11th Tersingle_family321,040$2,795,0002026-05-19
641 SW 35th Avesingle_family321,256$650,0002026-05-18
1755 SW 10th Stsingle_family343,630$1,897,8002026-05-13
2228 SW 2nd Stsingle_family321,397$500,0002026-05-11
2357 SW 11th Tersingle_family321,428$884,5002026-04-10
88 SW 29th Avesingle_family321,125$645,0002026-03-13
300 SW 31st Ctsingle_family311,230$475,0002026-03-09
2290 SW 2nd Tersingle_family32$650,0002026-03-05
1776 SW 11th Tersingle_family321,870$945,0002026-02-27
1729 SW 12th Stsingle_family322,050$1,160,0002026-02-10
420 SW 13th Avesingle_family311,040$400,0002026-01-09
2372 SW 11th Tersingle_family331,365$525,0002026-01-06
1515 SW 10th Stsingle_family342,566$1,440,0002025-12-23
2380 SW 7th Stsingle_family321,737$635,0002025-12-22
3180 SW 2nd Stsingle_family321,116$600,0002025-12-19
600 SW 31st Avesingle_family321,154$640,0002025-12-03
590 SW 36th Avesingle_family321,591$650,0002025-12-03
3038 SW 7th Stsingle_family322,243$485,0002025-11-20
1031 SW 29th Avesingle_family31940$380,0002025-10-06

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.

AddressTypeBedsBathsSqftAsking priceDays on market
1274 SW 5th Stsingle_family321,170$749,999
3130 SW 6th Stsingle_family332,350$815,000
2353 SW 4th Stsingle_family321,765$865,000
2260 SW 5th Stsingle_family321,328$640,000
3080 SW 5th Stsingle_family311,534$599,999
3640 SW 11th Stsingle_family321,595$822,000
multi_family371,364$1,340,000
2752 SW 11th Stsingle_family331,620$750,000

10-year hold projection

IRR-1.2%
Equity multiple0.80x
Total return (10yr)$62,537
YearProperty valueNOICash flowLoan balanceEquity
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
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.