| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $455,000 |
| Down payment (20.0%) | $91,000 |
| Loan amount | $364,000 |
| Closing costs (5.0%) | $22,750 |
| Total cash to close | $113,750 |
| Income | |
| Rent (comp-derived) | $3,000$36,000 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,760$33,120 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $720$8,645 |
| Insurance (placeholder 0.8% of price) | $303$3,640 |
| HOA dues | $120$1,440 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $150$1,800 |
| Total operating expenses | $1,294$15,525 |
| 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) | $150$1,800 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 4 | 1,737 | $2,700 | 2026-08-21 | — | |
| townhomes | 3 | 3 | 1,770 | $3,400 | 2026-08-20 | — | |
| townhomes | 3 | 3 | 1,440 | $2,900 | 2026-08-20 | — | |
| townhomes | 3 | 3 | 1,214 | $2,900 | 2026-08-20 | — | |
| townhomes | 3 | 3 | 1,678 | $3,500 | 2026-08-19 | — | |
| townhomes | 3 | 3 | 1,758 | $3,200 | 2026-08-19 | — | |
| townhomes | 3 | 2 | 1,225 | $3,200 | 2026-08-18 | — | |
| townhomes | 3 | 2 | 1,225 | $2,975 | 2026-08-17 | — | |
| townhomes | 3 | 2 | 1,315 | $2,900 | 2026-08-17 | — | |
| townhomes | 3 | 3 | 1,478 | $3,150 | 2026-08-17 | — | |
| townhomes | 3 | 3 | 1,587 | $2,925 | 2026-08-16 | — | |
| townhomes | 3 | 2 | 1,183 | $3,000 | 2026-08-14 | — | |
| townhomes | 3 | 3 | 1,544 | $2,975 | 2026-08-14 | — | |
| townhomes | 3 | 3 | 1,466 | $3,200 | 2026-08-12 | — | |
| townhomes | 3 | 3 | 1,520 | $2,990 | 2026-08-12 | — | |
| townhomes | 3 | 3 | 1,300 | $2,600 | 2026-08-11 | — | |
| townhomes | 3 | 3 | 1,362 | $2,800 | 2026-08-11 | — | |
| townhomes | 3 | 2 | 1,220 | $2,800 | 2026-08-11 | — | |
| townhomes | 3 | 2 | 1,392 | $3,000 | 2026-08-10 | — | |
| townhomes | 3 | 3 | 1,628 | $3,250 | 2026-08-10 | — | |
| townhomes | 3 | 2 | 1,225 | $2,900 | 2026-08-09 | — | |
| townhomes | 3 | 2 | 1,400 | $3,095 | 2026-08-09 | — | |
| townhomes | 3 | 3 | 1,602 | $3,400 | 2026-08-08 | — | |
| townhomes | 3 | 3 | 1,697 | $2,900 | 2026-08-07 | — | |
| townhomes | 3 | 2 | 1,209 | $2,850 | 2026-08-06 | — | |
| townhomes | 3 | 3 | 1,462 | $2,700 | 2026-08-06 | — | |
| townhomes | 3 | 3 | 1,382 | $3,350 | 2026-08-06 | — | |
| townhomes | 3 | 3 | 1,588 | $3,400 | 2026-08-06 | — | |
| townhomes | 3 | 3 | 1,740 | $3,000 | 2026-08-05 | — | |
| townhomes | 3 | 3 | 1,740 | $3,200 | 2026-08-05 | — | |
| townhomes | 3 | 3 | 1,462 | $2,890 | 2026-08-05 | — | |
| townhomes | 3 | 2 | 970 | $2,700 | 2026-08-05 | — | |
| townhomes | 3 | 3 | 1,506 | $2,850 | 2026-07-27 | — | |
| townhomes | 3 | 3 | 1,256 | $2,775 | 2026-07-27 | — | |
| townhomes | 3 | 2 | 1,378 | $3,000 | 2026-07-25 | — | |
| townhomes | 3 | 3 | 1,740 | $3,100 | 2026-07-25 | — | |
| townhomes | 3 | 2 | 1,550 | $3,000 | 2026-07-24 | — | |
| townhomes | 3 | 2 | 1,104 | $2,750 | 2026-07-24 | — | |
| townhomes | 3 | 3 | 1,632 | $3,200 | 2026-07-23 | — | |
| townhomes | 3 | 3 | 1,506 | $2,900 | 2026-07-23 | — | |
| townhomes | 3 | 2 | 1,584 | $3,350 | 2026-07-22 | — | |
| townhomes | 3 | 3 | 1,150 | $2,500 | 2026-07-22 | — | |
| townhomes | 3 | 2 | 1,220 | $3,200 | 2026-07-21 | — | |
| townhomes | 3 | 3 | 1,695 | $2,950 | 2026-07-18 | — | |
| townhomes | 3 | 3 | 1,560 | $3,150 | 2026-07-17 | — | |
| townhomes | 3 | 3 | 1,644 | $3,250 | 2026-07-16 | — | |
| townhomes | 3 | 3 | 1,678 | $3,500 | 2026-07-16 | — | |
| townhomes | 3 | 3 | 1,678 | $3,500 | 2026-07-16 | — | |
| townhomes | 3 | 3 | 1,150 | $2,800 | 2026-07-16 | — | |
| townhomes | 3 | 2 | 1,482 | $3,000 | 2026-07-15 | — | |
| townhomes | 3 | 3 | 1,587 | $3,100 | 2026-07-15 | — |
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 |
|---|---|---|---|---|---|---|
| 18320 SW 148th Rd | townhomes | 3 | 2 | 1,539 | $460,000 | 2026-08-07 |
| 17624 SW 149th Pl | townhomes | 3 | 2 | 1,564 | $490,000 | 2026-06-15 |
| 14724 SW 181st Ter | townhomes | 3 | 3 | 1,256 | $450,000 | 2026-06-11 |
| 18264 SW 148th Rd Unit 18264 | townhomes | 3 | 3 | 1,321 | $430,000 | 2026-04-01 |
| 18058 SW 147th Ct | townhomes | 3 | 3 | 1,321 | $465,000 | 2026-03-31 |
| 17534 SW 153rd Ave | townhomes | 3 | 3 | 1,898 | $512,500 | 2026-01-23 |
| 17709 SW 150th Ct | townhomes | 3 | 3 | 1,979 | $529,900 | 2025-12-24 |
| 14786 SW 181st Ter | townhomes | 3 | 3 | 1,256 | $470,000 | 2025-11-05 |
| 14720 SW 181st Ter | townhomes | 3 | 3 | 1,520 | $440,000 | 2025-10-30 |
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 |
|---|---|---|---|---|---|---|
| 19800 SW 180th Ave Lot 105 | mobile | 3 | 2 | 1,690 | $310,000 | — |
| 15481 SW 155th Ter | single_family | 3 | 2 | 1,448 | $724,800 | — |
| 19651 SW 168th St | single_family | 3 | 3 | 1,905 | $2,800,000 | — |
| 14770 SW 172nd St | single_family | 3 | 2 | 1,465 | $645,000 | — |
| 18062 SW 147th Ct | townhomes | 3 | 3 | 1,520 | $480,000 | — |
| 15431 SW 177th Ter | single_family | 3 | 2 | 1,618 | $689,900 | — |
| single_family | 3 | 2 | 2,020 | $782,999 | — | |
| 19800 SW 180th Ave Lot 131 | mobile | 3 | 2 | 1,430 | $300,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $468,650 | $17,595 | -$12,275 | $360,053 | $108,597 |
| 2 | $482,710 | $18,200 | -$11,714 | $355,836 | $126,874 |
| 3 | $497,191 | $18,826 | -$11,135 | $351,329 | $145,862 |
| 4 | $512,107 | $19,472 | -$10,536 | $346,512 | $165,594 |
| 5 | $527,470 | $20,140 | -$9,917 | $341,365 | $186,105 |
| 6 | $543,294 | $20,830 | -$9,276 | $335,864 | $207,430 |
| 7 | $559,593 | $21,543 | -$8,615 | $329,985 | $229,608 |
| 8 | $576,380 | $22,279 | -$7,930 | $323,703 | $252,678 |
| 9 | $593,672 | $23,040 | -$7,223 | $316,989 | $276,683 |
| 10 | $611,482 | $23,825 | -$6,492 | $309,814 | $301,668 |