| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $585,000 |
| Down payment (20.0%) | $117,000 |
| Loan amount | $468,000 |
| Closing costs (5.0%) | $29,250 |
| Total cash to close | $146,250 |
| Income | |
| Rent (comp-derived) | $3,100$37,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,852$34,224 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $926$11,115 |
| Insurance (est. scaled by flood & wind risk) | $585$7,020 |
| HOA dues | $137$1,644 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $155$1,860 |
| Total operating expenses | $1,803$21,639 |
| 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) | $155$1,860 |
| 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 |
|---|---|---|---|---|---|---|---|
| townhomes | 3 | 2 | 1,315 | $2,900 | 2026-08-17 | — | |
| townhomes | 3 | 3 | 1,478 | $3,150 | 2026-08-17 | — | |
| townhomes | 3 | 4 | 1,824 | $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 | 1,506 | $2,850 | 2026-07-27 | — | |
| townhomes | 3 | 3 | 1,740 | $3,100 | 2026-07-25 | — | |
| townhomes | 3 | 3 | 1,506 | $2,900 | 2026-07-23 | — | |
| townhomes | 3 | 3 | 1,492 | $2,995 | 2026-07-15 | — | |
| townhomes | 3 | 3 | 1,740 | $2,850 | 2026-07-08 | — | |
| townhomes | 3 | 3 | 1,678 | $3,100 | 2026-06-30 | — | |
| townhomes | 3 | 3 | 1,440 | $3,400 | 2026-06-24 | — | |
| townhomes | 3 | 2 | 1,234 | $3,000 | 2026-06-18 | — | |
| townhomes | 3 | 2 | 1,930 | $3,250 | 2026-06-10 | — | |
| townhomes | 3 | 3 | 1,490 | $3,350 | 2026-06-10 | — | |
| townhomes | 3 | 3 | 1,635 | $3,000 | 2026-05-10 | — | |
| townhomes | 3 | 2 | 1,234 | $3,200 | 2026-08-03 | — | |
| townhomes | 3 | 3 | 1,661 | $3,000 | 2026-08-25 | — | |
| townhomes | 3 | 3 | 1,481 | $2,700 | 2026-08-22 | — | |
| townhomes | 3 | 4 | 1,824 | $3,399 | 2026-08-22 | — | |
| townhomes | 3 | 3 | 1,678 | $2,900 | — | — | |
| townhomes | 3 | 3 | 1,701 | $3,600 | 2026-08-28 | — | |
| townhomes | 3 | 3 | 1,506 | $3,500 | 2026-08-28 | — | |
| townhomes | 3 | 2 | 1,234 | $3,150 | 2026-08-28 | — | |
| townhomes | 3 | 3 | 1,824 | $3,300 | 2026-08-29 | — |
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 |
|---|---|---|---|---|---|---|
| 10210 SW 154th Pl Unit 110-8 | townhomes | 3 | 3 | 1,680 | $425,000 | 2026-08-17 |
| 15436 SW 119th Ter | townhomes | 3 | 2 | 1,507 | $535,000 | 2026-08-14 |
| 11981 SW 150th Pl | townhomes | 3 | 2 | 1,701 | $525,000 | 2026-08-07 |
| 16266 SW 103rd Ter | townhomes | 3 | 3 | 1,957 | $520,000 | 2026-07-31 |
| 10525 SW 153rd Ct Apt 4 | townhomes | 3 | 2 | 1,289 | $405,000 | 2026-07-20 |
| 11159 SW 154th Pl | townhomes | 3 | 3 | 1,386 | $459,900 | 2026-07-15 |
| 15297 SW 119th Ter Unit 15297 | townhomes | 3 | 3 | 1,368 | $490,000 | 2026-07-08 |
| 11859 SW 154th Ave | townhomes | 3 | 2 | 1,838 | $550,000 | 2026-06-29 |
| 15365 SW 104th Ter Apt 1 | townhomes | 3 | 3 | 1,218 | $389,000 | 2026-06-23 |
| 14944 SW 88th Ter | townhomes | 3 | 2 | 1,200 | $470,000 | 2026-06-12 |
| 16515 SW 97th St | townhomes | 3 | 2 | 1,489 | $550,000 | 2026-06-08 |
| 17038 SW 95th Ter | townhomes | 3 | 3 | 1,740 | $515,000 | 2026-06-05 |
| 15328 SW 111th St | townhomes | 3 | 2 | 1,638 | $455,000 | 2026-05-11 |
| 15049 SW 119th Ln | townhomes | 3 | 3 | 1,701 | $520,000 | 2026-05-08 |
| 14927 SW 89th St | townhomes | 3 | 2 | 1,378 | $450,000 | 2026-05-07 |
| 10116 SW 162nd Pl | townhomes | 3 | 2 | 1,315 | $468,000 | 2026-04-29 |
| 15736 SW 136th Way | townhomes | 3 | 4 | 1,824 | $570,000 | 2026-04-15 |
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 |
|---|---|---|---|---|---|---|
| 10330 SW 154th Cir Ct Apt 51 | condos | 3 | 3 | 1,450 | $419,500 | — |
| 10273 SW 162nd Ct | townhomes | 3 | 2 | 1,315 | $535,000 | — |
| 15046 SW 148th Pl | single_family | 3 | 3 | 1,831 | $799,900 | — |
| 15316 SW 111th St | single_family | 3 | 3 | 1,638 | $524,900 | — |
| 10880 SW 149th Pl | single_family | 3 | 3 | 1,828 | $664,900 | — |
| 9872 Hammocks Blvd Unit 105-51 | townhomes | 3 | 3 | 1,364 | $375,000 | — |
| 9352 SW 166th Ct | single_family | 3 | 3 | 2,319 | $750,000 | — |
| 9716 Hammocks Blvd Apt 101 | condos | 3 | 2 | 993 | $355,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $602,550 | $12,585 | -$25,365 | $462,926 | $139,624 |
| 2 | $620,627 | $13,071 | -$24,926 | $457,503 | $163,123 |
| 3 | $639,245 | $13,574 | -$24,470 | $451,708 | $187,537 |
| 4 | $658,423 | $14,095 | -$23,998 | $445,516 | $212,907 |
| 5 | $678,175 | $14,634 | -$23,509 | $438,897 | $239,278 |
| 6 | $698,521 | $15,192 | -$23,002 | $431,825 | $266,696 |
| 7 | $719,476 | $15,771 | -$22,476 | $424,266 | $295,210 |
| 8 | $741,061 | $16,369 | -$21,932 | $416,189 | $324,871 |
| 9 | $763,292 | $16,989 | -$21,367 | $407,557 | $355,735 |
| 10 | $786,191 | $17,630 | -$20,782 | $398,332 | $387,859 |