| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $445,000 |
| Down payment (20.0%) | $89,000 |
| Loan amount | $356,000 |
| Closing costs (5.0%) | $22,250 |
| Total cash to close | $111,250 |
| Income | |
| Rent (comp-derived) | $3,150$37,800 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,898$34,776 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $705$8,455 |
| Insurance (placeholder 0.8% of price) | $297$3,560 |
| HOA dues | $600$7,200 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $158$1,890 |
| Total operating expenses | $1,759$21,105 |
| 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) | $158$1,890 |
| 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 | 1,320 | $3,250 | 2026-08-20 | — | |
| townhomes | 3 | 3 | 1,478 | $3,000 | 2026-08-19 | — | |
| townhomes | 3 | 3 | 1,662 | $3,200 | 2026-08-19 | — | |
| townhomes | 3 | 3 | 1,320 | $3,050 | 2026-08-17 | — | |
| townhomes | 3 | 3 | 1,170 | $2,500 | 2026-08-14 | — | |
| townhomes | 3 | 3 | 1,485 | $3,500 | 2026-08-07 | — | |
| townhomes | 3 | 2 | 1,968 | $4,950 | 2026-08-05 | — | |
| townhomes | 3 | 2 | 1,070 | $2,400 | 2026-07-25 | — | |
| townhomes | 3 | 3 | 1,403 | $2,950 | 2026-07-14 | — | |
| townhomes | 3 | 3 | 1,360 | $2,800 | 2026-07-08 | — | |
| townhomes | 3 | 3 | 1,485 | $3,000 | 2026-07-01 | — | |
| townhomes | 3 | 3 | 1,378 | $3,300 | 2026-06-29 | — | |
| townhomes | 3 | 3 | 1,485 | $3,100 | 2026-06-25 | — | |
| townhomes | 3 | 3 | 1,466 | $3,050 | 2026-06-24 | — | |
| townhomes | 3 | 4 | 1,662 | $3,250 | 2026-06-23 | — | |
| townhomes | 3 | 3 | 1,485 | $3,250 | 2026-06-16 | — | |
| townhomes | 3 | 3 | 1,469 | $2,899 | 2026-05-23 | — | |
| townhomes | 3 | 3 | 1,485 | $3,000 | 2026-05-11 | — | |
| townhomes | 3 | 3 | 1,812 | $3,200 | 2026-05-08 | — | |
| townhomes | 3 | 3 | 1,478 | $3,300 | 2026-04-29 | — | |
| townhomes | 3 | 3 | 1,320 | $3,000 | 2026-08-03 | — | |
| townhomes | 3 | 3 | 1,662 | $3,000 | 2026-07-30 | — | |
| townhomes | 3 | 3 | 1,320 | $2,850 | 2026-07-28 | — | |
| townhomes | 3 | 3 | 1,777 | $3,300 | 2026-03-19 | — | |
| townhomes | 3 | 3 | 1,798 | $3,800 | 2026-04-22 | — | |
| townhomes | 3 | 2 | 1,220 | $2,900 | 2026-03-12 | — | |
| townhomes | 3 | 3 | 1,320 | $3,350 | 2026-03-11 | — | |
| townhomes | 3 | 3 | 1,403 | $3,300 | 2026-08-31 | — | |
| townhomes | 3 | 3 | 1,378 | $3,400 | 2026-09-02 | — | |
| townhomes | 3 | 3 | 1,671 | $3,550 | 2026-09-02 | — |
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 |
|---|---|---|---|---|---|---|
| 544 NE 206th Ln | townhomes | 3 | 3 | 1,478 | $515,000 | 2026-08-31 |
| 20666 NE 2nd Ct | townhomes | 3 | 3 | 1,478 | $600,000 | 2026-08-28 |
| 20866 NE 7th Pl | townhomes | 3 | 3 | 1,704 | $524,900 | 2026-08-28 |
| 1024 NE 208th St | townhomes | 3 | 3 | 1,743 | $420,000 | 2026-08-24 |
| 323 Ives Dairy Rd Unit 323-06 | townhomes | 3 | 2 | 1,550 | $240,000 | 2026-08-21 |
| 325 NE 208th Ter | townhomes | 3 | 3 | 1,403 | $400,000 | 2026-08-11 |
| 1020 NE 210th Ter | townhomes | 3 | 2 | 1,469 | $285,000 | 2026-08-07 |
| 1007 NE 208th St Unit 1007 | townhomes | 3 | 3 | 1,743 | $450,000 | 2026-08-05 |
| 20572 NE 5th Pl | townhomes | 3 | 3 | 1,378 | $465,000 | 2026-07-13 |
| 21419 NE 2nd Path | townhomes | 3 | 3 | 1,485 | $432,500 | 2026-07-10 |
| 1048 NE 208th St | townhomes | 3 | 3 | 1,812 | $440,000 | 2026-06-29 |
| 20673 NE 10th Path | townhomes | 3 | 3 | 1,743 | $451,000 | 2026-06-18 |
| 1027 NE 207th St Unit 1027 | townhomes | 3 | 3 | 1,743 | $440,000 | 2026-06-03 |
| 20603 NE 6th Ct | townhomes | 3 | 3 | 2,120 | $489,000 | 2026-05-15 |
| 21357 NE 2nd Ct | townhomes | 3 | 3 | 1,478 | $475,000 | 2026-05-06 |
| 328 NE 208th Ter | townhomes | 3 | 3 | 1,320 | $449,000 | 2026-05-01 |
| 20651 NE 7th Pl | townhomes | 3 | 3 | 1,344 | $460,000 | 2026-04-22 |
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 |
|---|---|---|---|---|---|---|
| 929 NE 211th St | condos | 3 | 3 | 1,320 | $475,000 | — |
| 21015 NE 19th Ct | single_family | 3 | 2 | 1,631 | $1,294,000 | — |
| 243 NE 212th Ter | single_family | 3 | 3 | 1,854 | $489,500 | — |
| 1047 NE 208th St | townhomes | 3 | 3 | 1,743 | $450,000 | — |
| 20310 NE 3rd Ct Apt 2 | condos | 3 | 2 | 1,185 | $259,999 | — |
| 253 NE 211th Ter | single_family | 3 | 3 | 1,449 | $399,900 | — |
| 20800 NE 8th Ct Unit 206-17 | condos | 3 | 2 | 1,125 | $285,000 | — |
| 1133 NE 210th Ter | townhomes | 3 | 3 | 1,469 | $430,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $458,350 | $13,671 | -$15,672 | $352,140 | $106,210 |
| 2 | $472,101 | $14,187 | -$15,204 | $348,015 | $124,085 |
| 3 | $486,264 | $14,720 | -$14,718 | $343,607 | $142,656 |
| 4 | $500,851 | $15,273 | -$14,215 | $338,896 | $161,955 |
| 5 | $515,877 | $15,845 | -$13,694 | $333,862 | $182,015 |
| 6 | $531,353 | $16,437 | -$13,155 | $328,482 | $202,871 |
| 7 | $547,294 | $17,049 | -$12,596 | $322,733 | $224,561 |
| 8 | $563,713 | $17,683 | -$12,017 | $316,588 | $247,124 |
| 9 | $580,624 | $18,339 | -$11,417 | $310,022 | $270,602 |
| 10 | $598,043 | $19,018 | -$10,796 | $303,005 | $295,038 |