| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $775,000 |
| Down payment (20.0%) | $155,000 |
| Loan amount | $620,000 |
| Closing costs (5.0%) | $38,750 |
| Total cash to close | $193,750 |
| Income | |
| Rent (comp-derived) | $4,438$53,250 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,083$48,990 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,227$14,725 |
| Insurance (est. scaled by flood & wind risk) | $775$9,300 |
| HOA dues | $137$1,644 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $222$2,663 |
| Total operating expenses | $2,361$28,332 |
| 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) | $222$2,663 |
| 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 | 2,905 | $5,725 | 2026-09-01 | — | |
| single_family | 5 | 3 | 2,480 | $3,875 | 2026-08-15 | — | |
| single_family | 5 | 3 | 1,908 | $5,000 | 2026-08-14 | — | |
| single_family | 5 | 4 | 3,082 | $8,000 | 2026-07-31 | — | |
| single_family | 5 | 3 | 2,376 | $3,680 | — | — | |
| single_family | 5 | 3 | 2,480 | $3,875 | — | — |
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 |
|---|---|---|---|---|---|---|
| 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 |
| 16131 SW 151st Ter | single_family | 5 | 3 | 2,312 | $710,000 | 2026-06-11 |
| 9443 SW 170th Path | single_family | 5 | 5 | 3,344 | $850,000 | 2026-05-06 |
| 17063 SW 91st St | single_family | 5 | 5 | 3,344 | $900,000 | 2026-04-24 |
| 15425 SW 114th St | single_family | 5 | 3 | 2,877 | $849,900 | 2026-04-23 |
| 16044 SW 136th Way | single_family | 5 | 4 | 3,045 | $1,030,000 | 2026-04-13 |
| 9777 SW 161st Pl | single_family | 5 | 3 | 2,830 | $850,000 | 2026-03-26 |
| 16122 SW 104th Ter | single_family | 5 | 3 | 2,390 | $580,000 | 2026-03-10 |
| 16132 SW 147th Ln | single_family | 5 | 4 | 3,075 | $815,000 | 2026-02-13 |
| 15051 SW 149th St | single_family | 5 | 5 | 4,549 | $836,000 | 2026-02-12 |
| 14552 SW 155th Pl | single_family | 5 | 3 | 2,340 | $520,000 | 2026-02-09 |
| 10823 SW 147th Ct | single_family | 5 | 3 | 2,054 | $692,000 | 2026-01-30 |
| 15757 SW 102nd St | single_family | 5 | 3 | 2,623 | $780,000 | 2026-01-09 |
| 14514 SW 161st Ct | single_family | 5 | 4 | 2,320 | $1,050,000 | 2025-12-11 |
| 16445 SW 100th Ter | single_family | 5 | 3 | 2,532 | $780,000 | 2025-12-01 |
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 |
|---|---|---|---|---|---|---|
| 10331 SW 164th Ct | single_family | 5 | 3 | 2,532 | $750,000 | — |
| 9301 SW 171st Ave | townhomes | 5 | 4 | 2,312 | $649,500 | — |
| 10056 SW 165th Ct | single_family | 5 | 3 | 2,532 | $639,900 | — |
| 15725 SW 136th Ter | single_family | 5 | 4 | 2,582 | $765,000 | — |
| 17087 SW 93rd St | townhomes | 5 | 4 | 2,312 | $639,800 | — |
| 16141 SW 96th Ter | single_family | 5 | 3 | 2,417 | $849,000 | — |
| 14830 SW 149th St | single_family | 5 | 3 | 2,930 | $1,285,000 | — |
| 17146 SW 93rd St | townhomes | 5 | 4 | 2,312 | $645,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $798,250 | $20,659 | -$29,815 | $613,278 | $184,972 |
| 2 | $822,198 | $21,420 | -$29,121 | $606,094 | $216,104 |
| 3 | $846,863 | $22,208 | -$28,401 | $598,417 | $248,447 |
| 4 | $872,269 | $23,023 | -$27,656 | $590,212 | $282,057 |
| 5 | $898,437 | $23,866 | -$26,884 | $581,445 | $316,993 |
| 6 | $925,391 | $24,738 | -$26,086 | $572,075 | $353,316 |
| 7 | $953,152 | $25,641 | -$25,258 | $562,062 | $391,091 |
| 8 | $981,747 | $26,574 | -$24,402 | $551,361 | $430,386 |
| 9 | $1,011,199 | $27,540 | -$23,516 | $539,925 | $471,274 |
| 10 | $1,041,535 | $28,539 | -$22,598 | $527,704 | $513,831 |