| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,794,000 |
| Down payment (20.0%) | $358,800 |
| Loan amount | $1,435,200 |
| Closing costs (5.0%) | $89,700 |
| Total cash to close | $448,500 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $2,928$35,142 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,694$32,330 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,841$34,086 |
| Insurance (placeholder 0.8% of price) | $1,196$14,352 |
| HOA dues | $2,578$30,936 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $146$1,757 |
| Total operating expenses | $6,761$81,131 |
| 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) | $146$1,757 |
| 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 |
|---|---|---|---|---|---|---|
| 1045 10th St Apt 204 | condos | 1 | 2 | 890 | $350,000 | 2026-09-02 |
| 500 Alton Rd Unit 501 | condos | 1 | 2 | 1,075 | $990,000 | 2026-09-02 |
| 500 Alton Rd Unit 1906 | condos | 1 | 2 | 1,010 | $1,360,000 | 2026-09-01 |
| 140 Jefferson Ave Apt 14005 | condos | 1 | 3 | 960 | $719,000 | 2026-08-31 |
| 1401 Bay Rd Apt 412 | condos | 2 | 2 | 990 | $490,000 | 2026-08-31 |
| 5 Island Ave Apt 12C | condos | 2 | 2 | 1,305 | $679,000 | 2026-08-27 |
| 101 20th St Unit 3806 | condos | 2 | 2 | 1,316 | $4,300,000 | 2026-08-27 |
| 1309 Euclid Ave Apt 7 | condos | 1 | 1 | 700 | $235,000 | 2026-08-26 |
| 363 Washington Ave Apt 32 | condos | 1 | 1 | 590 | $385,000 | 2026-08-26 |
| 501 West Ave Unit 4303 | condos | 3 | 5 | 2,451 | $8,450,000 | 2026-08-24 |
| 1035 West Ave Ph 6 | condos | 1 | 1 | 576 | $250,000 | 2026-08-24 |
| 1000 West Ave Apt 218 | condos | 0 | 1 | 543 | $342,000 | 2026-08-24 |
| 11 Island Ave Apt 512 | condos | 2 | 3 | 1,733 | $1,251,000 | 2026-08-24 |
| 100 Jefferson Ave Apt 10004 | condos | 1 | 2 | 960 | $500,000 | 2026-08-24 |
| 100 S Pointe Dr Unit 1906/07 | condos | 5 | 4 | 4,378 | $18,367,500 | 2026-08-21 |
| 300 S Pointe Dr Apt 1501 | condos | 3 | 3 | 2,340 | $4,200,000 | 2026-08-21 |
| 1334 Euclid Ave Apt 7 | condos | 1 | 1 | 645 | $260,000 | 2026-08-21 |
| 1340 Lincoln Rd Apt 400 | condos | 0 | 1 | 440 | $195,000 | 2026-08-20 |
| 1605 Bay Rd Apt 503 | condos | 1 | 2 | 700 | $330,000 | 2026-08-20 |
| 50 S Pointe Dr Apt 1005 | condos | 2 | 3 | 1,698 | $3,800,000 | 2026-08-19 |
| 10 Venetian Way Apt 904 | condos | 2 | 2 | 1,477 | $1,700,000 | 2026-08-18 |
| 650 West Ave Apt 704 | condos | 2 | 2 | 1,078 | $650,000 | 2026-08-18 |
| 1621 Bay Rd Apt 606 | condos | 2 | 2 | 870 | $490,000 | 2026-08-18 |
| 1300 Monad Ter Ph E | condos | 5 | 6 | 4,306 | $12,000,000 | 2026-08-17 |
| 650 West Ave Apt 2109 | condos | 2 | 2 | 1,078 | $985,000 | 2026-08-17 |
| 1500 Bay Rd Unit 1210S | condos | 0 | 1 | 472 | $275,000 | 2026-08-17 |
| 110 Washington Ave Apt 2309 | condos | 1 | 2 | 826 | $600,000 | 2026-08-17 |
| 9 Island Ave Apt 705 | condos | 2 | 2 | 1,440 | $1,575,000 | 2026-08-17 |
| 815 Euclid Ave Apt 7 | condos | 1 | 1 | 566 | $235,000 | 2026-08-14 |
| 300 S Pointe Dr Apt 3402 | condos | 2 | 3 | 1,960 | $2,325,000 | 2026-08-14 |
| 1401 Bay Rd Apt 409 | condos | 2 | 2 | 990 | $590,000 | 2026-08-14 |
| 760 Jefferson Ave Apt 5 | condos | 1 | 1 | 407 | $200,000 | 2026-08-14 |
| 1775 Washington Ave Apt 11C | condos | 2 | 2 | 1,010 | $555,000 | 2026-08-13 |
| 2100 Park Ave Apt 108 | condos | 1 | 2 | 800 | $460,000 | 2026-08-11 |
| 1500 Bay Rd Unit 1464S | condos | 1 | 1 | 731 | $485,000 | 2026-08-11 |
| 1621 Bay Rd Apt 1202 | condos | 3 | 2 | 1,070 | $575,000 | 2026-08-07 |
| 900 Meridian Ave Apt 104 | condos | 1 | 1 | 535 | $265,000 | 2026-08-06 |
| 90 Alton Rd Apt 2912 | condos | 2 | 2 | 1,130 | $1,340,000 | 2026-08-05 |
| 500 Alton Rd Unit 2904 | condos | 2 | 3 | 1,434 | $3,000,000 | 2026-08-04 |
| 435 21st St Unit 307 | condos | 1 | 1 | 596 | $328,000 | 2026-08-04 |
| 1050 Pennsylvania Ave Apt 29 | condos | 0 | 1 | 380 | $165,000 | 2026-08-03 |
| 1621 Bay Rd Ph 1 | condos | 2 | 2 | 890 | $725,000 | 2026-08-03 |
| 1419 West Ave Unit 106 | condos | 1 | 1 | 475 | $182,500 | 2026-08-01 |
| 401 Ocean Dr Apt 324 | condos | 1 | 1 | 655 | $380,000 | 2026-07-31 |
| 1235 Euclid Ave Apt 16 | condos | 0 | 1 | 430 | $188,000 | 2026-07-31 |
| 1100 West Ave Ph 1601 | condos | 1 | 1 | 700 | $370,000 | 2026-07-31 |
| 900 Euclid Ave Apt 12 | condos | 0 | 1 | 387 | $167,500 | 2026-07-31 |
| 1330 Drexel Ave Apt 205 | condos | 1 | 1 | 720 | $280,000 | 2026-07-31 |
| 1200 West Ave Apt 316 | condos | 1 | 1 | 837 | $365,000 | 2026-07-31 |
| 1100 West Ave Unit 624 | condos | 1 | 1 | 694 | $490,000 | 2026-07-30 |
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 |
|---|---|---|---|---|---|---|
| 1224 S Venetian Way | single_family | 6 | 8 | — | $45,000,000 | — |
| 1300 S Venetian Way | single_family | 6 | 7 | 4,343 | $14,750,000 | — |
| 1438 Meridian Ave | multi_family | 6 | 6 | 4,644 | $2,400,000 | — |
| 375 N Hibiscus Dr | single_family | 6 | 8 | 7,256 | $42,000,000 | — |
| 912 Euclid Ave | multi_family | 6 | 4 | 2,558 | $2,200,000 | — |
| 176 S Hibiscus Dr | single_family | 6 | 7 | 6,211 | $18,499,000 | — |
| 327 E Rivo Alto Dr | single_family | 6 | 7 | 5,479 | $22,500,000 | — |
| 271 N Hibiscus Dr | single_family | 6 | 8 | 9,131 | $24,950,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,847,820 | -$48,801 | -$161,234 | $1,419,639 | $428,181 |
| 2 | $1,903,255 | -$49,859 | -$162,336 | $1,403,010 | $500,245 |
| 3 | $1,960,352 | -$50,939 | -$163,461 | $1,385,239 | $575,114 |
| 4 | $2,019,163 | -$52,041 | -$164,609 | $1,366,247 | $652,916 |
| 5 | $2,079,738 | -$53,165 | -$165,781 | $1,345,951 | $733,786 |
| 6 | $2,142,130 | -$54,313 | -$166,976 | $1,324,262 | $817,868 |
| 7 | $2,206,394 | -$55,483 | -$168,197 | $1,301,083 | $905,311 |
| 8 | $2,272,586 | -$56,677 | -$169,442 | $1,276,312 | $996,273 |
| 9 | $2,340,763 | -$57,895 | -$170,712 | $1,249,840 | $1,090,923 |
| 10 | $2,410,986 | -$59,138 | -$172,008 | $1,221,551 | $1,189,435 |