| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,275,000 |
| Down payment (20.0%) | $255,000 |
| Loan amount | $1,020,000 |
| Closing costs (5.0%) | $63,750 |
| Total cash to close | $318,750 |
| Income | |
| Rent (comp-derived) | $4,100$49,200 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,772$45,264 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,019$24,225 |
| Insurance (placeholder 0.8% of price) | $850$10,200 |
| HOA dues | $214$2,568 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $205$2,460 |
| Total operating expenses | $3,288$39,453 |
| 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) | $205$2,460 |
| 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 | 3 | 1,604 | $3,900 | 2026-04-29 | — | |
| townhomes | 3 | 3 | 1,824 | $5,000 | 2026-07-24 | — | |
| townhomes | 3 | 4 | 1,979 | $4,650 | 2026-08-19 | — | |
| townhomes | 3 | 3 | 1,431 | $4,100 | 2026-08-18 | — | |
| townhomes | 3 | 3 | 1,610 | $3,850 | 2026-07-07 | — | |
| townhomes | 3 | 3 | 1,610 | $3,950 | 2026-08-06 | — | |
| townhomes | 3 | 3 | 1,424 | $3,950 | 2026-08-04 | — | |
| townhomes | 3 | 3 | 1,610 | $4,200 | 2026-08-20 | — | |
| townhomes | 3 | 4 | 1,894 | $5,500 | 2026-08-19 | — | |
| townhomes | 3 | 5 | 2,789 | $5,900 | 2026-05-17 | — | |
| townhomes | 3 | 3 | 1,610 | $4,100 | 2026-08-05 | — | |
| townhomes | 3 | 3 | 1,604 | $6,800 | 2026-07-22 | — | |
| townhomes | 3 | 3 | 1,482 | $4,000 | — | — | |
| townhomes | 3 | 4 | 1,929 | $4,500 | — | — | |
| townhomes | 3 | 3 | 1,604 | $3,950 | 2026-05-05 | — | |
| townhomes | 3 | 3 | 1,485 | $3,700 | 2026-03-03 | — |
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 |
|---|---|---|---|---|---|---|
| 4971 NW 84th Ave | townhomes | 3 | 3 | 1,570 | $705,000 | 2026-08-30 |
| 8387 NW 43rd St | townhomes | 3 | 4 | 1,929 | $780,000 | 2026-08-28 |
| 4648 NW 83rd Ave | townhomes | 3 | 2 | 1,929 | $785,000 | 2026-08-11 |
| 4856 NW 83rd Pkwy | townhomes | 3 | 3 | 1,482 | $639,000 | 2026-08-07 |
| 4608 NW 83rd Pkwy | townhomes | 3 | 4 | 1,894 | $780,000 | 2026-07-07 |
| 4652 NW 83rd Ave | townhomes | 3 | 3 | 1,604 | $646,250 | 2026-06-30 |
| 4609 NW 83rd Path Unit 0 | townhomes | 3 | 3 | 1,610 | $630,000 | 2026-06-18 |
| 8368 Central Park Blvd | townhomes | 3 | 4 | 1,866 | $860,000 | 2026-06-18 |
| 4771 NW 84th Ave | townhomes | 3 | 3 | 1,894 | $770,000 | 2026-06-12 |
| 8319 NW 49th St | townhomes | 3 | 2 | 1,610 | $715,000 | 2026-06-02 |
| 4624 NW 83rd Ave | townhomes | 3 | 3 | 1,604 | $625,000 | 2026-05-29 |
| 4749 NW 85th Ave | townhomes | 3 | 3 | 2,946 | $915,000 | 2026-05-18 |
| 4732 NW 83rd Pkwy | townhomes | 3 | 2 | 1,604 | $685,000 | 2026-05-06 |
| 4621 NW 83rd Path | townhomes | 3 | 3 | 1,610 | $630,000 | 2026-04-20 |
| 8206 NW 43rd St | townhomes | 3 | 3 | 1,604 | $676,000 | 2026-04-14 |
| 8362 NW 52nd Ter | townhomes | 3 | 2 | 1,865 | $700,000 | 2026-04-10 |
| 4975 NW 83rd Path | townhomes | 3 | 3 | 1,604 | $640,000 | 2026-04-06 |
| 4614 NW 83rd Path | townhomes | 3 | 2 | 1,610 | $660,000 | 2026-03-30 |
| 4741 NW 85th Ave | townhomes | 3 | 3 | 2,946 | $980,000 | 2026-03-17 |
| 4553 NW 83rd Path Unit 4553 | townhomes | 3 | 3 | 1,610 | $625,000 | 2026-03-06 |
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 |
|---|---|---|---|---|---|---|
| 8201 NW 41st St Unit D203 | condos | 3 | 2 | 1,124 | $450,000 | — |
| 1101 Starling Ave | single_family | 3 | 2 | 1,942 | $899,000 | — |
| 157 Lenape Dr | single_family | 3 | 1 | 1,058 | $665,000 | — |
| 701 Westward Dr | single_family | 3 | 3 | 2,200 | $899,999 | — |
| 240 Carlisle Dr | single_family | 3 | 1 | 1,417 | $749,900 | — |
| 430 Forrest Dr | single_family | 3 | 2 | 1,103 | $930,000 | — |
| 8166 NW 42nd St | townhomes | 3 | 4 | 1,866 | $840,000 | — |
| 801 Albatross St | single_family | 3 | 2 | 1,320 | $850,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,313,250 | $5,811 | -$75,306 | $1,008,941 | $304,309 |
| 2 | $1,352,648 | $6,183 | -$74,996 | $997,123 | $355,525 |
| 3 | $1,393,227 | $6,570 | -$74,672 | $984,493 | $408,734 |
| 4 | $1,435,024 | $6,975 | -$74,332 | $970,995 | $464,029 |
| 5 | $1,478,074 | $7,396 | -$73,977 | $956,571 | $521,504 |
| 6 | $1,522,417 | $7,836 | -$73,605 | $941,156 | $581,261 |
| 7 | $1,568,089 | $8,294 | -$73,216 | $924,683 | $643,406 |
| 8 | $1,615,132 | $8,772 | -$72,810 | $907,078 | $708,054 |
| 9 | $1,663,586 | $9,269 | -$72,385 | $888,265 | $775,321 |
| 10 | $1,713,493 | $9,788 | -$71,942 | $868,160 | $845,334 |