| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,100,000 |
| Down payment (20.0%) | $220,000 |
| Loan amount | $880,000 |
| Closing costs (5.0%) | $55,000 |
| Total cash to close | $275,000 |
| Income | |
| Rent (comp-derived) | $3,913$46,950 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,600$43,194 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,742$20,900 |
| Insurance (est. scaled by flood & wind risk) | $1,283$15,400 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $196$2,348 |
| Total operating expenses | $3,221$38,648 |
| 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) | $196$2,348 |
| Mortgage insurance (PMI) (0.0% of loan, not required — down payment ≥ 20%) | $0$0 |
| Cash flow |
Widened to city-wide. 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 | 2,612 | $7,300 | 2026-08-15 | — | |
| 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 | 3 | 1,685 | $3,500 | 2026-07-21 | — | |
| single_family | 5 | 3 | 2,598 | $4,800 | 2026-07-18 | — | |
| single_family | 5 | 4 | 2,598 | $4,600 | 2026-07-08 | — | |
| single_family | 5 | 3 | 2,406 | $4,400 | 2026-07-03 | — | |
| single_family | 5 | 3 | 1,650 | $3,800 | — | — | |
| single_family | 5 | 3 | 1,646 | $4,800 | 2026-04-18 | — | |
| single_family | 5 | 3 | 2,598 | $3,215 | 2026-08-18 | — | |
| single_family | 5 | 4 | 2,740 | $3,950 | 2026-07-31 | — | |
| single_family | 5 | 3 | 2,376 | $3,680 | — | — | |
| single_family | 5 | 3 | 1,971 | $3,800 | 2026-08-27 | — | |
| 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 |
|---|---|---|---|---|---|---|
| 13231 SW 220th St | single_family | 5 | 5 | 3,600 | $2,600,000 | 2026-08-21 |
| 11050 SW 225th Ter | single_family | 5 | 3 | 2,068 | $570,000 | 2026-08-14 |
| 13217 SW 227th St | single_family | 5 | 4 | 2,643 | $1,050,000 | 2026-07-31 |
| 10763 SW 229th St | single_family | 5 | 3 | 2,512 | $664,000 | 2026-07-27 |
| 10941 SW 226th Ter | single_family | 5 | 3 | 2,484 | $620,000 | 2026-05-29 |
| 12716 SW 224th St | single_family | 5 | 3 | 2,275 | $1,000,000 | 2026-05-14 |
| 19491 SW 216th St | single_family | 5 | 3 | 4,412 | $1,040,000 | 2026-03-30 |
| 12833 SW 229th Ter | single_family | 5 | 4 | 3,191 | $755,000 | 2026-03-16 |
| 12904 SW 222nd St | single_family | 5 | 4 | 4,007 | $1,165,000 | 2026-03-11 |
| 13281 SW 227th St | single_family | 5 | 5 | 2,508 | $760,000 | 2026-03-10 |
| 23055 SW 172nd Ct | single_family | 5 | 4 | 3,826 | $1,500,000 | 2026-03-09 |
| 16255 SW 216th St | single_family | 5 | 4 | 3,224 | $1,575,900 | 2026-03-06 |
| 15455 SW 232nd St | single_family | 5 | 4 | 2,850 | $1,030,000 | 2026-01-20 |
| 23070 SW 123 Ct | single_family | 5 | 3 | 2,300 | $668,000 | 2026-01-12 |
| 22986 SW 128th Pl | single_family | 5 | 4 | 3,191 | $870,000 | 2026-01-09 |
| 22900 SW 157th Ave | single_family | 5 | 2 | 3,765 | $3,782,000 | 2026-01-02 |
| 22980 SW 130th Ave | single_family | 5 | 3 | 3,094 | $697,000 | 2025-12-22 |
| 22685 SW 131st Pl | single_family | 5 | 4 | 3,252 | $824,742 | 2025-10-31 |
| 13221 SW 220th St | single_family | 5 | 6 | 4,269 | $2,950,000 | 2025-09-17 |
| 19400 SW 232nd St | single_family | 5 | 4 | 4,078 | $2,000,000 | 2025-09-05 |
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 |
|---|---|---|---|---|---|---|
| SW 132nd Avenue and SW 223rd Street | single_family | 5 | 3 | 2,987 | $807,990 | — |
| 22555 SW 125th Ave | townhomes | 5 | 4 | — | $2,990,000 | — |
| 12933 SW 227th St | single_family | 5 | 3 | 2,066 | $765,000 | — |
| 18261 SW 224th St | single_family | 5 | 4 | 3,104 | $1,875,000 | — |
| 12969 SW 220th Ter | single_family | 5 | 4 | 3,319 | $1,299,000 | — |
| 22555 SW 125th Ave Unit 13A | townhomes | 5 | 4 | — | $649,990 | — |
| 12900 SW 229th St | single_family | 5 | 4 | 3,252 | $760,000 | — |
| 22421 SW 184th Ave | single_family | 5 | 3 | 3,178 | $1,200,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,133,000 | $4,547 | -$65,662 | $870,459 | $262,541 |
| 2 | $1,166,990 | $4,876 | -$65,392 | $860,262 | $306,728 |
| 3 | $1,202,000 | $5,220 | -$65,107 | $849,366 | $352,634 |
| 4 | $1,238,060 | $5,580 | -$64,809 | $837,721 | $400,339 |
| 5 | $1,275,201 | $5,956 | -$64,497 | $825,276 | $449,925 |
| 6 | $1,313,458 | $6,348 | -$64,170 | $811,977 | $501,480 |
| 7 | $1,352,861 | $6,757 | -$63,827 | $797,765 | $555,096 |
| 8 | $1,393,447 | $7,183 | -$63,468 | $782,576 | $610,871 |
| 9 | $1,435,251 | $7,629 | -$63,093 | $766,345 | $668,905 |
| 10 | $1,478,308 | $8,093 | -$62,700 | $748,999 | $729,309 |