| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $659,000 |
| Down payment (20.0%) | $131,800 |
| Loan amount | $527,200 |
| Closing costs (5.0%) | $32,950 |
| Total cash to close | $164,750 |
| 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) | $1,043$12,521 |
| Insurance (placeholder 0.8% of price) | $439$5,272 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $200$2,394 |
| Total operating expenses | $1,682$20,187 |
| 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 |
|---|---|---|---|---|---|---|
| 17630 NW 36th Ave | single_family | 5 | 3 | 1,870 | $650,000 | 2026-07-24 |
| 3320 NW 172nd Ter | single_family | 5 | 3 | 1,614 | $680,000 | 2026-07-14 |
| 3560 NW 212th St | single_family | 5 | 3 | 1,713 | $635,000 | 2026-07-13 |
| 2980 NW 210th Ter | single_family | 5 | 3 | 1,931 | $615,000 | 2026-07-01 |
| 3281 NW 170th St | single_family | 5 | 2 | 1,568 | $495,000 | 2026-06-12 |
| 3224 NW 181st St | single_family | 5 | 3 | 1,752 | $615,000 | 2026-05-20 |
| 2840 NW 171st St | single_family | 5 | 3 | 1,963 | $645,000 | 2026-03-24 |
| 3119 NW 169th Ter | single_family | 5 | 2 | 2,715 | $620,000 | 2026-02-17 |
| 2051 NW 179th St | single_family | 5 | 4 | 4,735 | $502,500 | 2026-02-13 |
| 19320 NW 37th Ave | single_family | 5 | 4 | 2,340 | $650,000 | 2026-01-27 |
| 3510 NW 211th St | single_family | 5 | 3 | 1,416 | $615,000 | 2026-01-14 |
| 2442 NW 170th St | single_family | 5 | 3 | 1,795 | $640,000 | 2025-12-26 |
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 |
|---|---|---|---|---|---|---|
| 2310 NW 208th St | single_family | 5 | 2 | 1,494 | $579,900 | — |
| 3312 NW 182nd St | single_family | 5 | 4 | 1,392 | $645,000 | — |
| 1895 NW 175th St | single_family | 5 | 3 | 3,168 | $995,000 | — |
| 17520 NW 17th Ave | single_family | 5 | 3 | 3,129 | $699,999 | — |
| 16920 NW 19th Ave | single_family | 5 | 3 | 2,749 | $849,000 | — |
| 2961 NW 173rd Ter | single_family | 5 | 4 | 2,260 | $685,000 | — |
| 18901 NW 28th Pl | single_family | 5 | 3 | 2,379 | $674,000 | — |
| 17611 NW 32nd Ct | single_family | 5 | 2 | 915 | $569,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $678,770 | $23,863 | -$19,187 | $521,484 | $157,286 |
| 2 | $699,133 | $24,679 | -$18,430 | $515,375 | $183,758 |
| 3 | $720,107 | $25,523 | -$17,647 | $508,847 | $211,260 |
| 4 | $741,710 | $26,395 | -$16,838 | $501,871 | $239,839 |
| 5 | $763,962 | $27,296 | -$16,002 | $494,416 | $269,546 |
| 6 | $786,880 | $28,226 | -$15,138 | $486,448 | $300,432 |
| 7 | $810,487 | $29,187 | -$14,245 | $477,934 | $332,553 |
| 8 | $834,801 | $30,179 | -$13,321 | $468,835 | $365,967 |
| 9 | $859,846 | $31,205 | -$12,367 | $459,111 | $400,735 |
| 10 | $885,641 | $32,264 | -$11,381 | $448,719 | $436,922 |