| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $825,000 |
| Down payment (20.0%) | $165,000 |
| Loan amount | $660,000 |
| Closing costs (5.0%) | $41,250 |
| Total cash to close | $206,250 |
| Income | |
| Rent (comp-derived) | $4,100$49,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,772$45,264 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,306$15,675 |
| Insurance (placeholder 0.8% of price) | $550$6,600 |
| HOA dues | $424$5,088 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $205$2,460 |
| Total operating expenses | $2,485$29,823 |
| 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) | $205$2,460 |
| 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 | 4 | 3 | 1,894 | $4,100 | 2026-05-27 | — | |
| townhomes | 4 | 5 | 2,599 | $5,500 | 2026-08-21 | — | |
| townhomes | 4 | 4 | 1,862 | $5,000 | 2026-08-26 | — | |
| townhomes | 4 | 4 | 1,808 | $3,650 | 2026-08-25 | — | |
| townhomes | 4 | 3 | 2,214 | $3,900 | 2026-08-25 | — | |
| townhomes | 4 | 3 | 2,214 | $3,500 | 2026-05-02 | — | |
| townhomes | 4 | 3 | 1,712 | $4,000 | 2026-07-30 | — | |
| townhomes | 4 | 4 | 2,020 | $4,500 | 2026-02-24 | — | |
| townhomes | 4 | 3 | 1,904 | $3,990 | 2026-08-17 | — | |
| townhomes | 4 | 3 | 2,306 | $4,000 | 2026-04-28 | — | |
| townhomes | 4 | 3 | 1,888 | $4,350 | 2024-07-10 | — | |
| townhomes | 4 | 3 | 2,245 | $4,800 | 2026-08-14 | — | |
| townhomes | 4 | 4 | 2,020 | $4,700 | 2026-02-27 | — | |
| townhomes | 4 | 3 | 1,712 | $3,850 | 2026-07-24 | — | |
| townhomes | 4 | 3 | 1,712 | $4,100 | 2026-08-13 | — | |
| townhomes | 4 | 4 | 1,862 | $5,500 | 2026-07-01 | — | |
| townhomes | 4 | 3 | 1,904 | $4,200 | 2026-07-29 | — | |
| townhomes | 4 | 3 | 1,783 | $4,200 | 2026-08-13 | — | |
| townhomes | 4 | 4 | 2,310 | $5,000 | 2026-07-17 | — | |
| townhomes | 4 | 3 | 1,712 | $3,850 | — | — | |
| townhomes | 4 | 3 | 1,894 | $3,500 | 2026-07-27 | — | |
| townhomes | 4 | 3 | 2,206 | $3,900 | 2026-05-01 | — |
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 |
|---|---|---|---|---|---|---|
| 10183 NW 43rd Ter | townhomes | 4 | 3 | 1,861 | $650,000 | 2026-08-24 |
| 7903 NW 105th Ave | townhomes | 4 | 4 | 2,020 | $815,000 | 2026-08-21 |
| 5820 NW 104th Ct | townhomes | 4 | 3 | 2,206 | $780,000 | 2026-08-14 |
| 10832 NW 84th St | townhomes | 4 | 4 | 2,249 | $740,000 | 2026-08-04 |
| 4844 NW 110th Pl | townhomes | 4 | 2 | 2,304 | $695,000 | 2026-07-30 |
| 8869 NW 103rd Pl | townhomes | 4 | 3 | 1,757 | $600,000 | 2026-07-28 |
| 8121 NW 108th Pl | townhomes | 4 | 3 | 1,894 | $590,000 | 2026-07-22 |
| 10460 NW 67th St | townhomes | 4 | 3 | 1,812 | $690,000 | 2026-07-02 |
| 8730 NW 110th Ave | townhomes | 4 | 3 | 2,277 | $684,900 | 2026-06-30 |
| 7469 NW 112th Pl | townhomes | 4 | 3 | 2,211 | $740,000 | 2026-06-30 |
| 5507 NW 113th Ave | townhomes | 4 | 3 | 2,276 | $625,000 | 2026-06-29 |
| 9820 NW 88th St | townhomes | 4 | 3 | 1,783 | $625,000 | 2026-06-24 |
| 8070 NW 108th Pl | townhomes | 4 | 3 | 1,894 | $654,900 | 2026-06-18 |
| 10502 NW 66th St | townhomes | 4 | 3 | 1,826 | $700,000 | 2026-06-08 |
| 8780 NW 116th Path | townhomes | 4 | 2 | 1,850 | $685,000 | 2026-06-01 |
| 9860 NW 88th St | townhomes | 4 | 3 | 1,783 | $630,000 | 2026-05-20 |
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 |
|---|---|---|---|---|---|---|
| 11351 NW 64th Ter | single_family | 4 | 2 | 2,011 | $1,140,000 | — |
| 8945 NW 98th Ave | single_family | 4 | 3 | 1,783 | $650,000 | — |
| 10776 NW 83rd Ter Unit 1-19 | condos | 4 | 3 | 1,507 | $499,999 | — |
| 11101 NW 72nd Ter | single_family | 4 | 5 | 2,680 | $1,870,000 | — |
| 10709 NW 81st Ln | condos | 4 | 3 | 1,894 | $605,000 | — |
| 8542 NW 111th Ct | single_family | 4 | 4 | 2,975 | $900,000 | — |
| 11628 NW 87th Ln Unit 11628 | townhomes | 4 | 3 | 1,912 | $689,900 | — |
| 7651 NW 114th Path | single_family | 4 | 3 | 1,894 | $565,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $849,750 | $15,441 | -$37,915 | $652,844 | $196,906 |
| 2 | $875,243 | $16,053 | -$37,364 | $645,197 | $230,046 |
| 3 | $901,500 | $16,688 | -$36,793 | $637,024 | $264,475 |
| 4 | $928,545 | $17,345 | -$36,200 | $628,291 | $300,254 |
| 5 | $956,401 | $18,026 | -$35,585 | $618,957 | $337,444 |
| 6 | $985,093 | $18,731 | -$34,948 | $608,983 | $376,110 |
| 7 | $1,014,646 | $19,462 | -$34,287 | $598,324 | $416,322 |
| 8 | $1,045,085 | $20,219 | -$33,601 | $586,932 | $458,153 |
| 9 | $1,076,438 | $21,003 | -$32,891 | $574,759 | $501,679 |
| 10 | $1,108,731 | $21,814 | -$32,154 | $561,749 | $546,982 |