| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,399,000 |
| Down payment (20.0%) | $279,800 |
| Loan amount | $1,119,200 |
| Closing costs (5.0%) | $69,950 |
| Total cash to close | $349,750 |
| Income | |
| Rent (ZIP avg, ZORI — not bedroom-specific) | $3,210$38,520 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,953$35,439 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,215$26,581 |
| Insurance (placeholder 0.8% of price) | $933$11,192 |
| HOA dues | $2,867$34,404 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $161$1,926 |
| Total operating expenses | $6,175$74,103 |
| 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) | $161$1,926 |
| 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.
No active rental listings cached yet for this bedroom count.
Widened to any bedroom count in ZIP. 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 |
|---|---|---|---|---|---|---|
| 3640 Yacht Club Dr Apt 1602 | condos | 2 | 2 | 1,430 | $380,000 | 2026-09-01 |
| 3475 N Country Club Dr Apt 106 | condos | 2 | 2 | 994 | $166,500 | 2026-09-01 |
| 21205 Yacht Club Dr Apt 3003 | condos | 3 | 2 | 1,870 | $690,000 | 2026-09-01 |
| 21244 Harbor Way Unit 213-21 | condo_townhome_rowhome_coop | 2 | 2 | 1,358 | $595,000 | 2026-09-01 |
| 19707 Turnberry Way Apt 18L | condos | 2 | 2 | 1,600 | $560,000 | 2026-08-31 |
| 19901 E Country Club Dr Unit 2103 | condos | 1 | 1 | 730 | $290,000 | 2026-08-28 |
| 3400 NE 192nd St Ph LPH5 | condos | 2 | 2 | 1,361 | $390,000 | 2026-08-27 |
| 3598 Yacht Club Dr Apt 1003 | condos | 3 | 2 | 1,820 | $600,000 | 2026-08-26 |
| 19707 Turnberry Way Apt 16G | condos | 2 | 2 | 1,522 | $500,000 | 2026-08-26 |
| 19500 Turnberry Way Apt 14C | condos | 3 | 3 | 1,810 | $830,000 | 2026-08-25 |
| 19500 Turnberry Way Apt 10A | condos | 2 | 3 | 2,360 | $770,000 | 2026-08-25 |
| 21200 Point Pl Unit 1403 | condos | 3 | 4 | 3,173 | $1,950,000 | 2026-08-24 |
| 3625 N Country Club Dr Apt 2610 | condos | 2 | 2 | 1,079 | $310,000 | 2026-08-24 |
| 20281 E Country Club Dr Apt 1002 | condos | 2 | 2 | 1,800 | $750,000 | 2026-08-21 |
| 21050 Point Pl Unit 2601 | condos | 3 | 3 | 2,440 | $1,120,000 | 2026-08-20 |
| 20185 E Country Club Dr Apt 1202 | condos | 3 | 3 | 1,950 | $625,000 | 2026-08-19 |
| 3598 Yacht Club Den Dr Unit 601 | condos | 2 | 2 | 1,530 | $385,000 | 2026-08-17 |
| 19501 W Country Club Dr Apt 2513 | condos | 2 | 2 | 1,245 | $550,000 | 2026-08-17 |
| 20379 W Country Club Dr Apt 1433 | condos | 2 | 2 | 1,313 | $215,000 | 2026-08-17 |
| 19501 E Country Club Dr Unit 9306 | condos | 2 | 2 | 1,180 | $380,000 | 2026-08-14 |
| 20201 E Country Club Dr Apt 2303 | condos | 3 | 4 | 3,264 | $1,300,000 | 2026-08-14 |
| 20500 W Country Club Dr Apt 210 | condos | 1 | 2 | 741 | $145,000 | 2026-08-14 |
| 3029 NE 188th St Apt 1019 | condos | 1 | 2 | 816 | $380,000 | 2026-08-14 |
| 3370 Hidden Bay Dr Unit 602 | condos | 2 | 3 | 1,610 | $515,000 | 2026-08-13 |
| 2880 NE 203rd St Unit 28B | condos | 1 | 1 | — | $200,000 | 2026-08-13 |
| 20281 E Country Club Dr Apt 1603 | condos | 2 | 2 | 1,470 | $560,000 | 2026-08-13 |
| 20301 W Country Club Dr Apt 1826 | condos | 2 | 2 | 1,313 | $240,000 | 2026-08-10 |
| 3640 Yacht Club Dr Apt 708 | condos | 2 | 2 | 1,430 | $415,000 | 2026-08-10 |
| 19195 NE 36th Ct Unit 1706 | condos | 3 | 3 | 1,722 | $635,000 | 2026-08-10 |
| 19707 Turnberry Way Apt 7F | condos | 2 | 2 | 1,677 | $550,000 | 2026-08-09 |
| 21200 Point Pl Unit 1901 | condos | 5 | 5 | 4,169 | $2,750,000 | 2026-08-07 |
| 19195 NE 36th Ct Unit 2410 | condos | 2 | 2 | 1,353 | $465,000 | 2026-08-07 |
| 19400 Turnberry Way Apt 1731 | condos | 2 | 3 | 1,544 | $600,000 | 2026-08-07 |
| 20505 E Country Club Dr Apt 1133 | condos | 2 | 2 | 1,138 | $460,000 | 2026-08-06 |
| 3530 Mystic Pointe Dr Apt 2202 | condos | 2 | 3 | 1,365 | $440,000 | 2026-08-06 |
| 3610 Yacht Club Dr Apt 810 | condos | 2 | 2 | 1,053 | $300,000 | 2026-08-05 |
| 3300 NE 188th St Unit LPH16 | condos | 4 | 5 | 2,942 | $2,500,000 | 2026-08-03 |
| 3370 Hidden Bay Dr Unit 1702 | condos | 2 | 3 | 1,610 | $570,000 | 2026-08-03 |
| 21150 Point Pl Unit 701 | condos | 3 | 3 | 2,640 | $1,200,000 | 2026-08-03 |
| 3530 Mystic Pointe Dr Apt 1205 | condos | 2 | 2 | 1,361 | $500,000 | 2026-08-03 |
| 3250 NE 188th St Apt 402 | condos | 3 | 5 | 2,307 | $1,000,000 | 2026-08-01 |
| 3731 N Country Club Dr Apt 1223 | condos | 2 | 2 | 1,144 | $313,000 | 2026-07-31 |
| 3300 NE 191st St Apt 714 | condos | 2 | 2 | 1,134 | $348,000 | 2026-07-31 |
| 3640 Yacht Club Dr Apt 1007 | condos | 2 | 2 | 1,430 | $550,000 | 2026-07-31 |
| 3400 NE 192nd St Apt 307 | condos | 2 | 2 | 1,181 | $235,000 | 2026-07-31 |
| 20301 W Country Club Dr Apt 526 | condos | 2 | 2 | 1,313 | $304,000 | 2026-07-31 |
| 20225 NE 34th Ct Apt 2411 | condos | 2 | 2 | 1,176 | $350,000 | 2026-07-30 |
| 3675 N Country Club Dr Apt 1406 | condos | 2 | 2 | 1,092 | $251,500 | 2026-07-29 |
| 19355 Turnberry Way Apt 8K | condos | 2 | 2 | 1,910 | $475,000 | 2026-07-28 |
| 3500 Mystic Pointe Dr Apt 3701 | condos | 3 | 3 | 1,714 | $580,000 | 2026-07-28 |
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 |
|---|---|---|---|---|---|---|
| 20021 NE 25th Ave | single_family | 6 | 5 | 3,937 | $3,249,000 | — |
| 2549 NE 190th St | multi_family | 6 | 4 | 2,434 | $1,699,000 | — |
| 19231 NE 22nd Ave | single_family | 6 | 5 | 3,462 | $2,650,000 | — |
| 2380 NE 196th St | single_family | 6 | 7 | 5,187 | $5,749,900 | — |
| 19860 NE 24th Ct | single_family | 6 | 4 | 2,698 | $2,300,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,440,970 | -$38,665 | -$126,898 | $1,107,065 | $333,905 |
| 2 | $1,484,199 | -$39,454 | -$127,735 | $1,094,097 | $390,102 |
| 3 | $1,528,725 | -$40,258 | -$128,589 | $1,080,239 | $448,486 |
| 4 | $1,574,587 | -$41,076 | -$129,458 | $1,065,429 | $509,158 |
| 5 | $1,621,824 | -$41,910 | -$130,343 | $1,049,602 | $572,223 |
| 6 | $1,670,479 | -$42,758 | -$131,244 | $1,032,688 | $637,791 |
| 7 | $1,720,594 | -$43,621 | -$132,162 | $1,014,612 | $705,981 |
| 8 | $1,772,211 | -$44,500 | -$133,097 | $995,296 | $776,916 |
| 9 | $1,825,378 | -$45,395 | -$134,049 | $974,652 | $850,725 |
| 10 | $1,880,139 | -$46,305 | -$135,018 | $952,591 | $927,548 |