| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $595,000 |
| Down payment (20.0%) | $119,000 |
| Loan amount | $476,000 |
| Closing costs (5.0%) | $29,750 |
| Total cash to close | $148,750 |
| Income | |
| Rent (comp-derived) | $4,600$55,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,232$50,784 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $942$11,305 |
| Insurance (est. scaled by flood & wind risk) | $774$9,282 |
| HOA dues | $236$2,832 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $230$2,760 |
| Total operating expenses | $2,182$26,179 |
| 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) | $230$2,760 |
| 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 | 5 | 4 | 3,105 | $4,600 | 2026-06-25 | — | |
| single_family | 5 | 3 | 2,666 | $4,000 | 2026-07-30 | — | |
| single_family | 5 | 4 | 3,033 | $5,000 | 2026-08-04 | — | |
| single_family | 5 | 4 | 3,567 | $5,500 | 2026-06-03 | — | |
| single_family | 5 | 4 | 3,150 | $4,700 | 2026-08-17 | — | |
| single_family | 5 | 4 | 3,105 | $4,500 | 2026-07-02 | — | |
| single_family | 5 | 4 | 3,033 | $4,500 | 2026-06-05 | — | |
| single_family | 5 | 3 | 2,905 | $4,400 | 2026-08-14 | — | |
| single_family | 5 | 4 | 3,033 | $5,000 | — | — |
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 |
|---|---|---|---|---|---|---|
| 2987 SE 25th Ave | single_family | 5 | 4 | 3,105 | $770,440 | 2026-08-31 |
| 2727 SE 24th Dr | single_family | 5 | 3 | 2,656 | $650,765 | 2026-08-27 |
| 2835 Fairways Dr | single_family | 5 | 4 | 2,460 | $550,000 | 2026-08-21 |
| 2910 Fairways Dr | single_family | 5 | 3 | 2,973 | $735,000 | 2026-08-07 |
| 2750 SE 25th Ct | single_family | 5 | 3 | 2,656 | $642,591 | 2026-07-29 |
| 1387 SE 26th Ter | single_family | 5 | 3 | 2,905 | $500,000 | 2026-06-01 |
| 1433 SE 27th Ter | single_family | 5 | 3 | 2,905 | $540,000 | 2026-05-12 |
| 2408 SE 27th Ter | single_family | 5 | 3 | 2,666 | $612,800 | 2026-02-25 |
| 2616 SE 25th Ct | single_family | 5 | 3 | 2,666 | $598,800 | 2026-02-06 |
| 2733 SE 24th Ct | single_family | 5 | 3 | 2,666 | $682,800 | 2025-12-31 |
| 5245263957 | single_family | 5 | 3 | 1,695 | $527,500 | 2025-12-22 |
| 2724 SE 24th Ct | single_family | 5 | 3 | 2,666 | $555,900 | 2025-12-05 |
| 2302 SE 30th St | single_family | 5 | 3 | 3,150 | $727,600 | 2025-12-03 |
| 2516 SE 25th Ct | single_family | 5 | 3 | 2,656 | $576,496 | 2025-11-26 |
| 2280 SE 30th St | single_family | 5 | 3 | 3,150 | $725,000 | 2025-11-21 |
| 2468 SE 27th Ter | single_family | 5 | 3 | 2,666 | $647,000 | 2025-11-12 |
| 2483 SE 26th Ter | single_family | 5 | 3 | 2,656 | $632,128 | 2025-10-27 |
| 2209 SE 19th Ave | single_family | 5 | 4 | 3,830 | $705,000 | 2025-10-24 |
| 2232 SE 30th St | single_family | 5 | 3 | 3,150 | $683,500 | 2025-10-09 |
| 2201 SE 30th St | single_family | 5 | 3 | 3,150 | $770,000 | 2025-09-22 |
| 2249 SE 30th St | single_family | 5 | 3 | 3,150 | $767,700 | 2025-09-16 |
| 2548 SE 25th Ct | single_family | 5 | 3 | 2,666 | $629,800 | 2025-09-10 |
| 2233 SE 30th St | single_family | 5 | 3 | 3,150 | $767,000 | 2025-09-10 |
| 2554 SE 25th Ct | single_family | 5 | 3 | 2,666 | $690,300 | 2025-09-08 |
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 |
|---|---|---|---|---|---|---|
| 2455 SE 23rd Rd | single_family | 5 | 3 | 2,656 | $649,990 | — |
| 2455 SE 23rd Rd | townhomes | 5 | 3 | 3,105 | $760,990 | — |
| 2475 SE 29th Dr | single_family | 5 | 4 | — | $790,000 | — |
| 3140 Fairways Dr | single_family | 5 | 3 | 3,061 | $875,000 | — |
| 1611 SE 16th St | single_family | 5 | 4 | 2,786 | $635,000 | — |
| 2835 Fairways Dr | single_family | 5 | 4 | 2,460 | $585,000 | — |
| 2220 SE 19th Ave | single_family | 5 | 4 | 3,567 | $715,000 | — |
| 2832 SE 23rd Ave | single_family | 5 | 4 | 3,150 | $819,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $612,850 | $24,605 | -$14,862 | $470,839 | $142,011 |
| 2 | $631,236 | $25,474 | -$14,062 | $465,324 | $165,912 |
| 3 | $650,173 | $26,372 | -$13,234 | $459,430 | $190,743 |
| 4 | $669,678 | $27,301 | -$12,378 | $453,131 | $216,547 |
| 5 | $689,768 | $28,261 | -$11,492 | $446,400 | $243,368 |
| 6 | $710,461 | $29,253 | -$10,576 | $439,206 | $271,255 |
| 7 | $731,775 | $30,279 | -$9,628 | $431,519 | $300,256 |
| 8 | $753,728 | $31,339 | -$8,648 | $423,304 | $330,425 |
| 9 | $776,340 | $32,435 | -$7,635 | $414,524 | $361,816 |
| 10 | $799,630 | $33,568 | -$6,586 | $405,142 | $394,489 |