| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $625,000 |
| Down payment (20.0%) | $125,000 |
| Loan amount | $500,000 |
| Closing costs (5.0%) | $31,250 |
| Total cash to close | $156,250 |
| Income | |
| Rent (comp-derived) | $3,638$43,650 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,347$40,158 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $990$11,875 |
| Insurance (placeholder 0.8% of price) | $417$5,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $182$2,183 |
| Total operating expenses | $1,588$19,058 |
| 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) | $182$2,183 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 4 | 3 | 1,675 | $3,350 | — | — | |
| single_family | 4 | 2 | 1,149 | $3,250 | 2026-07-20 | — | |
| single_family | 4 | 2 | 1,434 | $3,600 | 2026-05-05 | — | |
| single_family | 4 | 1 | 1,267 | $3,800 | 2026-07-31 | — | |
| single_family | 4 | 1 | 1,200 | $3,000 | 2026-07-29 | — | |
| single_family | 4 | 3 | 1,960 | $4,250 | 2026-05-18 | — | |
| single_family | 4 | 2 | 1,363 | $3,675 | 2026-01-31 | — | |
| single_family | 4 | 2 | 1,666 | $4,000 | 2026-08-25 | — |
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 |
|---|---|---|---|---|---|---|
| 4990 NW 31st Ave | single_family | 4 | 4 | 2,777 | $680,000 | 2026-08-19 |
| 2778 NW 44th St | single_family | 4 | 3 | 1,219 | $525,000 | 2026-08-12 |
| 3039 NW 43rd Ter | single_family | 4 | 2 | 1,675 | $480,000 | 2026-07-24 |
| 5940 NW 21st Ave | single_family | 4 | 1 | 1,487 | $415,000 | 2026-07-23 |
| 2326 NW 59th St | single_family | 4 | 2 | 1,016 | $485,000 | 2026-07-22 |
| 2956 NW 44th St | single_family | 4 | 3 | 1,219 | $522,500 | 2026-07-20 |
| 1926 NW 60th St | single_family | 4 | 2 | 1,427 | $510,000 | 2026-07-16 |
| 5308 NW 29th Ave | single_family | 4 | 2 | 1,136 | $520,000 | 2026-07-16 |
| 3298 NW 49th St | single_family | 4 | 2 | 1,410 | $493,000 | 2026-06-22 |
| 1470 NW 51st Ter | single_family | 4 | 2 | 1,409 | $550,000 | 2026-06-09 |
| 2724 NW 19th Ave | single_family | 4 | 2 | 2,822 | $555,000 | 2026-06-04 |
| 2951 NW 49th St | single_family | 4 | 2 | 1,805 | $500,000 | 2026-06-03 |
| 4430 NW 23rd Ave | single_family | 4 | 3 | 1,579 | $625,000 | 2026-05-26 |
| 1371 NW 59th St | single_family | 4 | 2 | 1,400 | $535,000 | 2026-05-20 |
| 1446 NW 61st St | single_family | 4 | 2 | 1,440 | $500,000 | 2026-05-05 |
| 2970 NW 45th St | single_family | 4 | 3 | — | $525,000 | 2026-04-21 |
| 2238 NW 58th St | single_family | 4 | 2 | 1,255 | $450,000 | 2026-04-07 |
| 4028 NW 23rd Ct | single_family | 4 | 5 | 2,268 | $666,600 | 2026-03-31 |
| 3167 NW 52nd St | single_family | 4 | 3 | 1,760 | $530,000 | 2026-02-14 |
| 2355 NW 59th St | single_family | 4 | 2 | 2,056 | $461,000 | 2026-01-30 |
| 3320 NW 14th Ave | single_family | 4 | 2 | 1,702 | $350,000 | 2026-01-23 |
| 1444 NW 51st Ter | single_family | 4 | 1 | 1,917 | $325,000 | 2026-01-09 |
| 1321 NW 44th St | single_family | 4 | 2 | 1,568 | $619,000 | 2025-12-17 |
| 4750 NW 21st Ave | single_family | 4 | 2 | 1,158 | $315,000 | 2025-12-11 |
| 3280 NW 51st St | single_family | 4 | 3 | 2,227 | $650,000 | 2025-11-05 |
| 1330 NW 56th St | single_family | 4 | 2 | 1,540 | $380,000 | 2025-10-31 |
| 2976 NW 45th St | single_family | 4 | 3 | — | $525,000 | 2025-10-28 |
| 1218 NW 41st St | single_family | 4 | 2 | 1,368 | $480,000 | 2025-10-17 |
| 3101 NW 49th St | single_family | 4 | 2 | 1,248 | $520,000 | 2025-10-15 |
| 2479 NW 26th St | single_family | 4 | 3 | 1,118 | $585,000 | 2025-10-02 |
| 2162 NW 26th St | single_family | 4 | 2 | 1,650 | $480,000 | 2025-09-27 |
| 1612 NW 51st Ter | single_family | 4 | 1 | 1,195 | $310,000 | 2025-09-26 |
| 2489 NW 60th St | single_family | 4 | 2 | 1,428 | $490,000 | 2025-09-23 |
| 2980 NW 45th St | single_family | 4 | 3 | — | $525,000 | 2025-09-19 |
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 |
|---|---|---|---|---|---|---|
| 2775 NW 57th St | multi_family | 4 | 4 | 1,202 | $749,900 | — |
| 2385 NW 32nd St | single_family | 4 | 2 | 2,180 | $639,999 | — |
| 1754 NW 56th St | single_family | 4 | 2 | 1,690 | $430,000 | — |
| 3010 NW 32nd St | single_family | 4 | 2 | 1,958 | $630,000 | — |
| 3231 NW 19th Ave | multi_family | 4 | 2 | 1,977 | $625,000 | — |
| 2651 NW 33rd St | multi_family | 4 | 2 | 1,155 | $565,000 | — |
| 2124 NW 27th St | multi_family | 4 | 4 | 1,750 | $780,000 | — |
| 1851 NW 34th St | multi_family | 4 | 2 | 1,458 | $590,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $643,750 | $21,101 | -$19,640 | $494,579 | $149,171 |
| 2 | $663,063 | $21,829 | -$18,966 | $488,786 | $174,277 |
| 3 | $682,954 | $22,581 | -$18,269 | $482,594 | $200,360 |
| 4 | $703,443 | $23,359 | -$17,549 | $475,978 | $227,465 |
| 5 | $724,546 | $24,162 | -$16,804 | $468,907 | $255,639 |
| 6 | $746,283 | $24,992 | -$16,035 | $461,351 | $284,931 |
| 7 | $768,671 | $25,850 | -$15,239 | $453,276 | $315,395 |
| 8 | $791,731 | $26,736 | -$14,416 | $444,647 | $347,085 |
| 9 | $815,483 | $27,651 | -$13,565 | $435,424 | $380,059 |
| 10 | $839,948 | $28,597 | -$12,686 | $425,569 | $414,379 |