| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $749,900 |
| Down payment (20.0%) | $149,980 |
| Loan amount | $599,920 |
| Closing costs (5.0%) | $37,495 |
| Total cash to close | $187,475 |
| Income | |
| Rent (comp-derived) | $3,990$47,880 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,671$44,050 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,187$14,248 |
| Insurance (placeholder 0.8% of price) | $500$5,999 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $200$2,394 |
| Total operating expenses | $1,887$22,641 |
| 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) | $200$2,394 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Widened to city-wide. Real active rental listings, used to derive the rent estimate above.
| Address | Type | Beds | Baths | Sqft | Asking rent | Listed | Days on market |
|---|---|---|---|---|---|---|---|
| single_family | 5 | 2 | 1,720 | $2,995 | 2026-07-12 | — | |
| single_family | 5 | 3 | 1,468 | $3,680 | 2026-05-29 | — | |
| single_family | 5 | 3 | 2,118 | $4,500 | 2026-08-27 | — | |
| single_family | 5 | 2 | 1,491 | $4,300 | 2026-08-26 | — |
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 |
|---|---|---|---|---|---|---|
| 4513 NW 203rd Ter | single_family | 5 | 2 | 1,608 | $685,000 | 2026-08-31 |
| 19100 NW 51st Ave | single_family | 5 | 2 | 2,010 | $610,000 | 2026-08-07 |
| 18620 NW 47th Ct | single_family | 5 | 3 | 1,738 | $685,000 | 2026-07-10 |
| 4231 NW 172nd Dr | single_family | 5 | 3 | 2,830 | $450,000 | 2026-06-24 |
| 4420 NW 168th Ter | single_family | 5 | 4 | 2,462 | $660,000 | 2026-06-02 |
| 19602 NW 37th Ct | single_family | 5 | 3 | 1,658 | $690,000 | 2026-04-14 |
| 17130 NW 51st Pl | single_family | 5 | 3 | 2,237 | $710,000 | 2026-04-07 |
| 4480 NW 201st St | single_family | 5 | 3 | 1,896 | $690,000 | 2026-04-06 |
| 5020 NW 170th St | single_family | 5 | 3 | 1,012 | $658,500 | 2026-03-27 |
| 18701 NW 39th Ct | single_family | 5 | 3 | 2,527 | $500,000 | 2026-03-06 |
| 20352 NW 39th Ct | single_family | 5 | 1 | 2,160 | $376,000 | 2026-02-27 |
| 18600 NW 42nd Pl | single_family | 5 | 3 | 1,645 | $560,000 | 2025-12-02 |
| 4720 NW 179th St | single_family | 5 | 2 | 2,399 | $650,000 | 2025-11-18 |
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 |
|---|---|---|---|---|---|---|
| 4450 NW 169th Ter | single_family | 5 | 3 | — | $699,900 | — |
| 20501 NW 44th Ct | single_family | 5 | 3 | 1,793 | $669,900 | — |
| 17301 NW 47th Ave | single_family | 5 | 2 | 1,753 | $699,000 | — |
| 4330 NW 203rd Ter | single_family | 5 | 3 | 2,178 | $710,000 | — |
| 17120 NW 43rd Ct | single_family | 5 | 2 | 2,737 | $600,000 | — |
| single_family | 5 | 4 | 2,890 | $570,000 | — | |
| 19200 NW 44th Ave | single_family | 5 | 2 | 2,233 | $634,999 | — |
| 20630 NW 37th Ct | single_family | 5 | 3 | 1,688 | $560,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $772,397 | $21,408 | -$27,249 | $593,416 | $178,981 |
| 2 | $795,569 | $22,164 | -$26,553 | $586,464 | $209,105 |
| 3 | $819,436 | $22,945 | -$25,834 | $579,036 | $240,400 |
| 4 | $844,019 | $23,752 | -$25,089 | $571,097 | $272,922 |
| 5 | $869,340 | $24,586 | -$24,319 | $562,613 | $306,726 |
| 6 | $895,420 | $25,449 | -$23,523 | $553,547 | $341,873 |
| 7 | $922,282 | $26,341 | -$22,699 | $543,858 | $378,424 |
| 8 | $949,951 | $27,262 | -$21,847 | $533,504 | $416,447 |
| 9 | $978,449 | $28,214 | -$20,965 | $522,438 | $456,011 |
| 10 | $1,007,803 | $29,199 | -$20,054 | $510,613 | $497,190 |