| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $10,000,000 |
| Down payment (20.0%) | $2,000,000 |
| Loan amount | $8,000,000 |
| Closing costs (5.0%) | $500,000 |
| Total cash to close | $2,500,000 |
| Income | |
| Rent (comp-derived) | $18,000$216,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $16,560$198,720 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $15,833$190,000 |
| Insurance (placeholder 0.8% of price) | $6,667$80,000 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $900$10,800 |
| Total operating expenses | $23,400$280,800 |
| 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) | $900$10,800 |
| 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 | 6 | 4 | 3,500 | $17,000 | 2026-08-13 | — | |
| single_family | 6 | 5 | 3,462 | $16,500 | 2026-08-07 | — | |
| single_family | 6 | 4 | 2,763 | $6,500 | 2026-08-18 | — | |
| single_family | 6 | 3 | 2,417 | $8,000 | 2026-08-05 | — | |
| single_family | 6 | 4 | 3,218 | $7,900 | 2026-07-24 | — | |
| single_family | 6 | 7 | 5,850 | $25,000 | 2026-07-21 | — | |
| single_family | 6 | 7 | 5,712 | $65,000 | 2026-07-01 | — | |
| single_family | 6 | 3 | 1,854 | $5,300 | 2026-08-26 | — | |
| single_family | 6 | 5 | 3,390 | $13,000 | 2026-06-25 | — | |
| single_family | 6 | 6 | 5,322 | $28,000 | 2026-06-17 | — | |
| single_family | 6 | 6 | 4,806 | $22,000 | 2026-06-17 | — | |
| single_family | 6 | 5 | 4,432 | $29,500 | 2026-06-17 | — | |
| single_family | 6 | 7 | 3,603 | $26,000 | 2026-05-07 | — | |
| single_family | 6 | 7 | 5,125 | $14,000 | 2026-04-27 | — | |
| single_family | 6 | 6 | 4,181 | $18,000 | 2026-08-03 | — | |
| single_family | 6 | 8 | 5,568 | $58,500 | 2026-04-15 | — | |
| single_family | 6 | 7 | 5,697 | $25,000 | 2024-03-30 | — | |
| single_family | 6 | 5 | 3,446 | $30,000 | 2023-02-13 | — | |
| single_family | 6 | 5 | 4,200 | $17,000 | 2026-03-31 | — | |
| single_family | 6 | 6 | 5,324 | $30,000 | 2025-10-07 | — | |
| single_family | 6 | 4 | 6,112 | $30,000 | — | — | |
| single_family | 6 | 4 | 3,078 | $3,500 | 2026-08-28 | — | |
| single_family | 6 | 3 | 2,716 | $2,000 | 2026-08-26 | — |
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 |
|---|---|---|---|---|---|---|
| 14127 SW 161st Pl | single_family | 3 | 2 | 1,488 | $700,000 | 2026-08-26 |
| 9837 SW 159th Ct | single_family | 3 | 2 | 1,672 | $675,000 | 2026-08-24 |
| 16065 SW 136th Ter | single_family | 4 | 3 | 2,597 | $775,000 | 2026-08-21 |
| 14952 SW 149th St | single_family | 3 | 2 | 2,342 | $770,000 | 2026-08-14 |
| 11038 SW 148th Pl | single_family | 3 | 2 | 1,737 | $615,000 | 2026-08-14 |
| 16478 SW 99th St | single_family | 3 | 2 | 1,520 | $575,000 | 2026-08-13 |
| 16278 SW 97th Ter | single_family | 3 | 3 | 1,499 | $550,000 | 2026-08-13 |
| 14826 SW 110th Ter | single_family | 4 | 3 | 2,136 | $725,000 | 2026-08-12 |
| 14172 SW 148th Pl | single_family | 4 | 3 | 1,653 | $725,000 | 2026-08-07 |
| 9166 SW 168th Ct | single_family | 5 | 4 | 1,718 | $630,000 | 2026-08-06 |
| 15976 SW 136th Ter | single_family | 5 | 4 | 3,045 | $940,000 | 2026-08-06 |
| 14421 SW 155th Pl | single_family | 3 | 2 | 1,468 | $606,000 | 2026-07-31 |
| 15139 SW 92nd Ter | single_family | 3 | 3 | 1,593 | $639,000 | 2026-07-31 |
| 10500 SW 159th Ct | single_family | 4 | 2 | 2,324 | $725,000 | 2026-07-30 |
| 9641 SW 148th Pl | single_family | 3 | 2 | 1,480 | $610,000 | 2026-07-27 |
| 16058 SW 136th Way | single_family | 4 | 3 | 2,597 | $825,000 | 2026-07-24 |
| 14762 SW 143rd Ter | single_family | 4 | 3 | 2,720 | $700,000 | 2026-07-24 |
| 14824 SW 112th St | single_family | 4 | 2 | 2,201 | $785,000 | 2026-07-22 |
| 15330 SW 144th Ter | single_family | 4 | 2 | 2,531 | $850,000 | 2026-07-22 |
| 14455 SW 158th Path | single_family | 3 | 2 | 2,076 | $700,000 | 2026-07-17 |
| 10213 SW 156th Ave | single_family | 3 | 3 | 1,777 | $655,000 | 2026-07-17 |
| 15804 SW 112th Ter | single_family | 4 | 3 | 2,124 | $414,000 | 2026-07-17 |
| 9435 SW 156th Pl | single_family | 4 | 2 | 2,072 | $680,000 | 2026-07-16 |
| 15596 SW 110th Ter | single_family | 4 | 3 | 2,155 | $760,000 | 2026-07-15 |
| 9586 SW 155th Ave | single_family | 4 | 4 | 2,036 | $847,000 | 2026-07-13 |
| 14918 SW 93rd St | single_family | 4 | 3 | 1,784 | $645,000 | 2026-07-13 |
| 15842 SW 105th St | single_family | 3 | 2 | 1,810 | $765,000 | 2026-07-10 |
| 14789 SW 142nd St | single_family | 4 | 2 | 2,193 | $695,000 | 2026-07-09 |
| 10138 SW 161st Ave | single_family | 4 | 3 | 1,908 | $740,000 | 2026-07-07 |
| 15174 SW 111th St | single_family | 4 | 3 | 2,268 | $747,000 | 2026-07-07 |
| 15901 SW 136th Way | single_family | 4 | 3 | 1,977 | $665,000 | 2026-07-07 |
| 15351 SW 146th St | single_family | 4 | 3 | 2,795 | $875,000 | 2026-07-06 |
| 15020 SW 96th Ter | single_family | 3 | 3 | 1,712 | $540,000 | 2026-07-02 |
| 15465 SW 114th St | single_family | 4 | 3 | — | $950,000 | 2026-07-01 |
| 9066 SW 147th Ct | single_family | 3 | 3 | 1,449 | $500,000 | 2026-07-01 |
| 9631 SW 148th Pl | single_family | 3 | 2 | 1,492 | $577,000 | 2026-07-01 |
| 16225 SW 99th Ter | single_family | 3 | 3 | 1,699 | $564,900 | 2026-06-30 |
| 15500 SW 99th Ln | single_family | 4 | 3 | 2,628 | $750,000 | 2026-06-30 |
| 14461 SW 152nd Ct | single_family | 4 | 3 | 2,153 | $720,000 | 2026-06-30 |
| 11018 SW 147th Pl | single_family | 3 | 3 | 1,863 | $720,000 | 2026-06-30 |
| 15374 SW 141st Ter | single_family | 4 | 2 | 2,458 | $650,000 | 2026-06-29 |
| 15965 SW 98th St | single_family | 4 | 3 | 2,312 | $852,500 | 2026-06-26 |
| 11504 SW 152nd Ct | single_family | 4 | 3 | 2,549 | $776,250 | 2026-06-26 |
| 14170 SW 152nd Pl | single_family | 4 | 3 | 2,166 | $750,000 | 2026-06-26 |
| 9329 SW 151st Ave | single_family | 4 | 2 | 2,060 | $650,000 | 2026-06-25 |
| 5975608196 | single_family | 3 | 3 | 1,672 | $655,000 | 2026-06-24 |
| 9140 SW 148th Ct | single_family | 3 | 3 | 1,449 | $505,000 | 2026-06-22 |
| 9108 SW 165th Pl | single_family | 4 | 2 | 2,005 | $632,000 | 2026-06-17 |
| 11361 SW 160th Ct | single_family | 3 | 2 | 1,464 | $560,000 | 2026-06-16 |
| 14231 SW 161st Pl | single_family | 4 | 2 | 1,768 | $715,000 | 2026-06-15 |
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 |
|---|---|---|---|---|---|---|
| 14949 SW 184th Ave | single_family | 6 | 7 | 9,264 | $5,500,000 | — |
| 13405 SW 199th Ave | single_family | 6 | 4 | 1,668 | $2,175,000 | — |
| 16075 SW 149th Ter | single_family | 6 | 5 | 3,075 | $995,000 | — |
| 14724 SW 107th Ter | single_family | 6 | 3 | 1,923 | $640,000 | — |
| 14930 SW 145th St | single_family | 6 | 3 | 2,959 | $1,046,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $10,300,000 | -$82,080 | -$709,802 | $7,913,262 | $2,386,738 |
| 2 | $10,609,000 | -$83,138 | -$711,130 | $7,820,568 | $2,788,432 |
| 3 | $10,927,270 | -$84,193 | -$712,462 | $7,721,509 | $3,205,761 |
| 4 | $11,255,088 | -$85,244 | -$713,796 | $7,615,647 | $3,639,441 |
| 5 | $11,592,741 | -$86,290 | -$715,133 | $7,502,515 | $4,090,226 |
| 6 | $11,940,523 | -$87,328 | -$716,470 | $7,381,615 | $4,558,908 |
| 7 | $12,298,739 | -$88,360 | -$717,806 | $7,252,412 | $5,046,327 |
| 8 | $12,667,701 | -$89,382 | -$719,142 | $7,114,336 | $5,553,365 |
| 9 | $13,047,732 | -$90,395 | -$720,476 | $6,966,779 | $6,080,953 |
| 10 | $13,439,164 | -$91,396 | -$721,806 | $6,809,089 | $6,630,075 |