| Acquisition (one-time, not monthly/yearly) | |
| 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 |
| Income | |
| Rent (estimate) | $9,802$117,627 |
| Vacancy loss (8.0%) | |
| Effective gross income | $9,018$108,217 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,227$14,725 |
| Insurance (est. scaled by flood & wind risk) | $775$9,300 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $490$5,881 |
| Total operating expenses | $2,492$29,906 |
| 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) | $490$5,881 |
| 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.
No active rental listings cached yet for this bedroom count.
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 |
|---|---|---|---|---|---|---|
| 7028 SW 21st St | multi_family | 6 | 4 | 2,540 | $750,000 | 2026-07-22 |
| 5924 Coral Way | multi_family | 3 | 3 | 1,820 | $2,000,000 | 2026-06-11 |
| 2275 SW 61st Ave | multi_family | — | — | — | $1,017,500 | 2026-04-15 |
| 7056 SW 22nd St | multi_family | — | — | 2,664 | $860,000 | 2026-02-27 |
| 7401 SW 21st St | multi_family | — | — | 1,694 | $685,000 | 2026-02-23 |
| 7200 SW 22nd St | multi_family | 5 | 2 | 2,150 | $650,000 | 2026-02-10 |
| 7415 SW 23rd St | multi_family | — | — | 1,296 | $750,000 | 2025-12-12 |
| 7046 SW 22nd St | multi_family | — | — | 1,700 | $830,000 | 2025-11-26 |
| 6750 SW 21st St | multi_family | — | — | 1,500 | $740,000 | 2025-11-10 |
| 7080 SW 22nd St | multi_family | — | — | 1,936 | $670,000 | 2025-10-22 |
Widened to city-wide. 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 |
|---|---|---|---|---|---|---|
| 5204 N Miami Ave | multi_family | 7 | 4 | 2,943 | $1,850,000 | — |
| 7745 SW 54th Ave | single_family | 7 | 9 | 5,797 | $5,395,000 | — |
| multi_family | 7 | 4 | 3,931 | $775,000 | — | |
| 2283 NW 35th St | multi_family | 7 | 4 | 2,700 | $765,000 | — |
| 12701 SW 80th St | single_family | 7 | 5 | 3,420 | $1,100,000 | — |
| 300 Biscayne Blvd Way Apt 6301 | condos | 7 | 14 | 19,868 | $75,000,000 | — |
| 12231 SW 1st St | single_family | 7 | 6 | 4,731 | $1,550,000 | — |
| 12141 Walsh Blvd | single_family | 7 | 7 | 4,102 | $2,350,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $798,250 | $78,310 | $24,617 | $613,278 | $184,972 |
| 2 | $822,198 | $80,809 | $26,969 | $606,094 | $216,104 |
| 3 | $846,863 | $83,387 | $29,396 | $598,417 | $248,447 |
| 4 | $872,269 | $86,045 | $31,900 | $590,212 | $282,057 |
| 5 | $898,437 | $88,788 | $34,484 | $581,445 | $316,993 |
| 6 | $925,391 | $91,616 | $37,151 | $572,075 | $353,316 |
| 7 | $953,152 | $94,534 | $39,902 | $562,062 | $391,091 |
| 8 | $981,747 | $97,543 | $42,741 | $551,361 | $430,386 |
| 9 | $1,011,199 | $100,647 | $45,670 | $539,925 | $471,274 |
| 10 | $1,041,535 | $103,849 | $48,693 | $527,704 | $513,831 |