| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $515,000 |
| Down payment (20.0%) | $103,000 |
| Loan amount | $412,000 |
| Closing costs (5.0%) | $25,750 |
| Total cash to close | $128,750 |
| Income | |
| Rent (comp-derived) | $3,600$43,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,312$39,744 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $815$9,785 |
| Insurance (placeholder 0.8% of price) | $343$4,120 |
| HOA dues | $813$9,756 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $180$2,160 |
| Total operating expenses | $2,152$25,821 |
| 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) | $180$2,160 |
| 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 |
|---|---|---|---|---|---|---|---|
| apartment | 3 | 2 | 1,419 | $4,020 | — | — | |
| condos | 3 | 2 | 1,334 | $3,550 | 2026-08-27 | — | |
| condos | 3 | 2 | 1,334 | $3,300 | 2025-12-13 | — | |
| apartment | 3 | 2 | 1,124 | $3,300 | 2026-05-06 | — | |
| condos | 3 | 2 | 1,334 | $3,150 | 2026-07-27 | — | |
| condos | 3 | 2 | 1,333 | $4,600 | 2026-07-29 | — | |
| condos | 3 | 2 | 1,052 | $3,600 | 2026-03-25 | — | |
| condos | 3 | 3 | 1,379 | $4,200 | 2026-06-19 | — | |
| condos | 3 | 2 | 1,124 | $3,100 | 2026-08-19 | — | |
| apartment | 3 | 2 | 1,124 | $3,300 | 2026-08-01 | — | |
| condos | 3 | 2 | 1,124 | $3,450 | 2026-08-03 | — | |
| condos | 3 | 2 | 1,124 | $3,250 | 2026-07-21 | — | |
| condos | 3 | 2 | 1,124 | $3,600 | 2026-07-30 | — | |
| condos | 3 | 2 | 1,124 | $3,200 | 2026-08-14 | — | |
| condos | 3 | 2 | 1,124 | $3,600 | 2026-08-04 | — | |
| apartment | 3 | 2 | 1,124 | $3,200 | 2026-08-18 | — | |
| condos | 3 | 2 | 1,129 | $3,400 | 2026-07-24 | — | |
| condos | 3 | 2 | 1,124 | $3,300 | 2026-08-18 | — | |
| condos | 3 | 2 | 1,129 | $3,500 | 2026-07-20 | — | |
| condos | 3 | 3 | 1,200 | $3,795 | — | — | |
| apartment | 3 | 2 | 1,408 | $4,190 | — | — | |
| apartment | 3 | 2 | 1,373 | $4,401 | — | — | |
| apartment | 3 | 2 | 1,303 | $7,116 | — | — | |
| apartment | 3 | 2 | 1,419 | $3,650 | — | — | |
| apartment | 3 | 2 | 1,302 | $4,186 | — | — | |
| apartment | 3 | 2 | 1,305 | $4,029 | — | — | |
| apartment | 3 | 2 | 1,408 | $4,135 | — | — | |
| apartment | 3 | 2 | 1,303 | $5,964 | — | — | |
| apartment | 3 | 2 | 1,303 | $6,132 | — | — | |
| condos | 3 | 2 | 1,124 | $3,150 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 5252 NW 85th Ave Ph 2004 | condos | 3 | 2 | 1,434 | $795,000 | 2026-08-11 |
| 8001 NW 41st St Unit F202 | condos | 3 | 2 | 1,124 | $485,000 | 2026-07-15 |
| 4725 NW 85th Ave Unit 38 | condos | 3 | 2 | 1,129 | $485,000 | 2026-06-24 |
| 5350 NW 84th Ave Unit 601 | condos | 3 | 3 | 1,381 | $650,000 | 2026-05-28 |
| 8265 NW 41st St Apt 304 | condos | 3 | 2 | 1,124 | $420,000 | 2026-05-21 |
| 8363 NW 41st St Apt 406 | condos | 3 | 2 | 1,334 | $500,000 | 2026-03-31 |
| 5300 Paseo Blvd Unit 1202 | condos | 3 | 2 | 1,333 | $750,000 | 2026-03-24 |
| 4740 NW 84th Ct Unit 42 | condos | 3 | 2 | 1,129 | $440,000 | 2026-02-25 |
| 5252 NW 85th Ave Apt 1702 | condos | 3 | 2 | 1,328 | $702,000 | 2026-02-17 |
| 5252 NW 85th Ave Apt 912 | condos | 3 | 2 | 1,462 | $770,000 | 2026-02-13 |
| 5350 NW 84th Ave Unit 1701 | condos | 3 | 3 | 1,379 | $730,000 | 2026-02-04 |
| 8301 NW 41st St Unit B305 | condos | 3 | 2 | 1,124 | $495,000 | 2026-01-29 |
| 4745 NW 84th Ct Unit 15 | condos | 3 | 3 | 1,431 | $500,000 | 2026-01-16 |
| 5350 NW 84th Ave Unit 613 | condos | 3 | 3 | 1,379 | $685,000 | 2025-12-31 |
| 8167 NW 41st St Unit E406 | condos | 3 | 2 | 1,334 | $500,000 | 2025-11-17 |
| 5350 NW 84th Ave Unit 1113 | condos | 3 | 3 | 1,379 | $689,000 | 2025-11-17 |
| 5350 NW 84th Ave Unit 901 | condos | 3 | 3 | 1,379 | $680,000 | 2025-09-29 |
| 4640 NW 84th Ave Apt 13 | condos | 3 | 3 | 1,431 | $525,000 | 2025-09-04 |
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 |
|---|---|---|---|---|---|---|
| 8201 NW 41st St Unit D203 | condos | 3 | 2 | 1,124 | $450,000 | — |
| 1101 Starling Ave | single_family | 3 | 2 | 1,942 | $899,000 | — |
| 157 Lenape Dr | single_family | 3 | 1 | 1,058 | $665,000 | — |
| 701 Westward Dr | single_family | 3 | 3 | 2,200 | $899,999 | — |
| 240 Carlisle Dr | single_family | 3 | 1 | 1,417 | $749,900 | — |
| 430 Forrest Dr | single_family | 3 | 2 | 1,103 | $930,000 | — |
| 8166 NW 42nd St | townhomes | 3 | 4 | 1,866 | $840,000 | — |
| 801 Albatross St | single_family | 3 | 2 | 1,320 | $850,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $530,450 | $13,923 | -$20,008 | $407,533 | $122,917 |
| 2 | $546,364 | $14,470 | -$19,516 | $402,759 | $143,604 |
| 3 | $562,754 | $15,036 | -$19,005 | $397,658 | $165,097 |
| 4 | $579,637 | $15,623 | -$18,475 | $392,206 | $187,431 |
| 5 | $597,026 | $16,231 | -$17,925 | $386,380 | $210,646 |
| 6 | $614,937 | $16,860 | -$17,355 | $380,153 | $234,784 |
| 7 | $633,385 | $17,512 | -$16,764 | $373,500 | $259,886 |
| 8 | $652,387 | $18,187 | -$16,152 | $366,389 | $285,998 |
| 9 | $671,958 | $18,886 | -$15,517 | $358,790 | $313,169 |
| 10 | $692,117 | $19,610 | -$14,859 | $350,669 | $341,448 |