9840 SW 73rd Ct

Pinecrest, FL 33156 · single_family · For Sale · 13 days on market
Asking price$6,499,000
6 beds 8 baths 6,841 sqft
View on Realtor.com →
Listed by Denice Landaeta · Coldwell Banker Realty
Typesingle_family
Built2026
Price / sqft$950
Est. value (own analysis)$6,676,964
Rent estimate (own analysis)$31,500/mo
HOANone
Wind10/10Extreme$Heat10/10ExtremeAir2/10MinorFlood1/10minimal$Wildfire1/10Minimal
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Neighborhood

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Statusfor_sale
Listed date2026-08-20
Removed date
MLSMiamiMLS #A12064450
Coordinates25.67866, -80.31428
Address9840 SW 73rd Ct
CityPinecrest
StateFL
Zip33156
Listing ID9373369359
Sourceus-real-estate-listings, cached 2026-08-31

ZIP market snapshot (33156)

Typical home value (ZHVI)$1,543,591
Typical rent (ZORI)$2,706/mo
Zillow Research's ZHVI (home value index) and ZORI (rent index) for this ZIP, as of 2026-07 — free published data, refreshed monthly, no RentCast quota spent. "Typical value/rent" is a smoothed index, not a literal median of active listings.

Underwriting (buy-and-hold, default assumptions)

Purchase price$6,499,000
Down payment (20.0%)$1,299,800
Loan amount$5,199,200
Closing costs (5.0%)$324,950
Total cash to close$1,624,750
Rent (comp-derived)$31,500$378,000
Vacancy loss (8.0%)

Vacancy Loss

Gross Scheduled Rent × Vacancy Rate

Gross scheduled rent (annual) comp$378,000
Vacancy rate (assumption) assumption8.0%

$378,000 × 8.0% = $30,240

Effective gross income$28,980$347,760
Property tax (placeholder 1.9% of price)$10,290$123,481
Insurance (est. scaled by flood & wind risk)$6,499$77,988
HOA dues$0$0
Management (0.0% of EGI)$0$0
Maintenance (5.0% of GSR)$1,575$18,900
Total operating expenses$18,364$220,369
Net operating income (NOI)

Net Operating Income (NOI)

Effective Gross Income − Total Operating Expenses

Effective gross income derived$347,760
Total operating expenses derived$220,369

$347,760 − $220,369 = $127,391

Debt service (6.66%, avg 30yr rate as of 2026-08-27, 30yr amortizing)

Monthly Principal & Interest

Standard amortization on the loan amount, at the effective rate and term

Loan amount derived$5,199,200
Interest rate (avg 30yr rate) comp6.7%
Term (assumption) assumption30 years

$5,199,200 amortized at 6.7% over 30 years = $33,411/mo

CapEx reserve (5.0% of GSR)$1,575$18,900
Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%)$0$0
Cash flow

Monthly Cash Flow

(NOI − Annual Debt Service − Annual CapEx Reserve − Annual PMI) ÷ 12

NOI derived$127,391
Annual debt service derived$400,938
Annual CapEx reserve assumption$18,900
Annual PMI assumption$0

($127,391 − $400,938 − $18,900 − $0) ÷ 12 = -$24,371

Cap rate

Cap Rate

NOI ÷ Purchase Price

NOI derived$127,391
Purchase price data$6,499,000

$127,391 ÷ $6,499,000 = 2.0%

Cash-on-cash

Cash-on-Cash Return

Annual Cash Flow ÷ Total Cash Invested

Annual cash flow derived-$292,447
Total cash to close derived$1,624,750

-$292,447 ÷ $1,624,750 = -18.0%

DSCR

Debt Service Coverage Ratio (DSCR)

NOI ÷ Annual Debt Service

NOI derived$127,391
Annual debt service derived$400,938

$127,391 ÷ $400,938 = 0.32

Rent-to-price (1% rule)

Rent-to-Price (the "1% rule")

(Gross Scheduled Rent ÷ 12) ÷ Purchase Price

Gross scheduled rent (annual) comp$378,000
Purchase price data$6,499,000

($378,000 ÷ 12) ÷ $6,499,000 = 0.5%

Gross rent multiplier

Gross Rent Multiplier (GRM)

Purchase Price ÷ Gross Scheduled Rent

Purchase price data$6,499,000
Gross scheduled rent (annual) comp$378,000

$6,499,000 ÷ $378,000 = 17.2

Operating expense ratio

Operating Expense Ratio

Total Operating Expenses ÷ Effective Gross Income

Total operating expenses derived$220,369
Effective gross income derived$347,760

$220,369 ÷ $347,760 = 63.4%

Break-even occupancy

Break-Even Occupancy

(Total OpEx + Annual Debt Service + Annual PMI) ÷ Gross Scheduled Rent

Total operating expenses derived$220,369
Annual debt service derived$400,938
Annual PMI assumption$0
Gross scheduled rent (annual) comp$378,000

($220,369 + $400,938 + $0) ÷ $378,000 = 164.4%

Comparables

Same ZIP. Real active rental listings, used to derive the rent estimate above.

AddressTypeBedsBathsSqftAsking rentListedDays on market
single_family675,922$27,0002026-08-10
single_family667,646$31,5002026-06-08
single_family675,679$38,0002026-01-29

1410 Tagus Ave

Coral Gables, 33156 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,922
Listed2026-08-10
Days on market

Asking rent: $27,000

View on Zillow →

7405 SW 104th St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms6 bd / 6 ba
Square footage7,646
Listed2026-06-08
Days on market

Asking rent: $31,500

View on Zillow →

6355 SW 114th St

Pinecrest, 33156 · rent comp

Bedrooms / bathrooms6 bd / 7 ba
Square footage5,679
Listed2026-01-29
Days on market

Asking rent: $38,000

View on Zillow →

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.

AddressTypeBedsBathsLiving sqftSale priceSale date
6650 SW 123rd Stsingle_family686,848$4,650,0002026-08-12
12510 Ramiro Stsingle_family643,350$2,900,0002026-08-07
9440 SW 62nd Ctsingle_family655,576$5,475,0002026-08-07
6920 SW 124th Stsingle_family685,926$6,500,0002026-07-30
6201 SW 96th Stsingle_family665,922$5,780,0002026-07-30
7750 SW 122nd Stsingle_family653,728$3,100,0002026-07-27
7825 SW 128th Stsingle_family655,349$6,350,0002026-07-15
6801 SW 94th Stsingle_family664,873$4,650,0002026-07-10
5400 Kerwood Oaks Drsingle_family678,765$7,500,0002026-06-26
6065 SW 133rd Stsingle_family644,282$2,360,0002026-06-18
11100 SW 64th Avesingle_family644,074$4,250,0002026-06-17
5770 SW 128th Stsingle_family655,005$3,500,0002026-06-08
555 Arvida Pkwysingle_family6813,147$26,202,6892026-05-29
11155 SW 85th Ctsingle_family674,735$2,394,9902026-05-19
13351 SW 57th Ctsingle_family643,662$1,901,0002026-05-18
8955 SW 63rd Ctsingle_family677,709$8,400,0002026-04-29
5400 Banyan Trlsingle_family686,831$7,675,0002026-04-28
625 Reinante Avesingle_family698,016$47,000,0002026-04-23
10100 Lakeside Drsingle_family678,534$9,050,0002026-04-20
6200 Moss Ranch Rdsingle_family676,609$6,900,0002026-04-17
6480 SW 107th Stsingle_family655,257$3,600,0002026-04-15
6031 SW 88th Stsingle_family676,767$7,350,0002026-04-15
5501 Snapper Creek Rdsingle_family686,562$11,100,0002026-04-01
180 Solano Pradosingle_family686,753$13,000,0002026-03-30
11907 SW 70th Avesingle_family675,848$5,500,0002026-03-19
6830 SW 104th Stsingle_family666,551$7,300,0002026-03-11
10105 SW 71st Avesingle_family643,538$2,995,0002026-03-09
6220 SW 123rd Tersingle_family675,019$3,200,0002026-02-23
6831 SW 106th Stsingle_family698,540$7,202,0002026-02-10

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.

AddressTypeBedsBathsSqftAsking priceDays on market
9001-9143 SW 77th Avemulti_family65$4,500,000
8350 SW 98th Stsingle_family657,953$4,500,000
11011 Marin Stsingle_family645,457$5,999,999
6600 SW 111th Stsingle_family677,563$5,785,000
7830 SW 117th Stsingle_family685,759$5,495,999
7765 SW 133rd Tersingle_family67$2,000,000
6700 SW 132nd Stsingle_family669,454$6,695,000
585 Arvida Pkwysingle_family689,236$27,500,000

10-year hold projection

IRR-2.0%
Equity multiple0.67x
Total return (10yr)$305,768
YearProperty valueNOICash flowLoan balanceEquity
1$6,693,970$127,391-$292,447$5,142,829$1,551,141
2$6,894,789$132,315-$287,995$5,082,587$1,812,202
3$7,101,633$137,413-$283,381$5,018,208$2,083,424
4$7,314,682$142,693-$278,597$4,949,409$2,365,273
5$7,534,122$148,161-$273,639$4,875,884$2,658,238
6$7,760,146$153,822-$268,499$4,797,311$2,962,835
7$7,992,950$159,683-$263,173$4,713,342$3,279,608
8$8,232,739$165,751-$257,652$4,623,607$3,609,132
9$8,479,721$172,034-$251,932$4,527,709$3,952,012
10$8,734,113$178,537-$246,004$4,425,226$4,308,886
Assumes 3.0% annual rent growth, 2.5% expense growth, 3.0% appreciation, and a 6.0% selling cost at exit — all placeholder assumptions, not market-derived.
All figures are estimates for evaluation purposes only, not investment, tax, legal, or insurance advice. Property tax is estimated from a real matched tax bill or millage rate when available, a placeholder % of price otherwise; insurance is scaled by flood and wind risk where those are known and a flat percentage otherwise — never a real quote. Verify all of them, along with association restrictions and permit status, before committing capital. Rent estimates come from real comps or Zillow’s ZIP index, not appraisals.