| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $569,900 |
| Down payment (20.0%) | $113,980 |
| Loan amount | $455,920 |
| Closing costs (5.0%) | $28,495 |
| Total cash to close | $142,475 |
| 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) | $902$10,828 |
| Insurance (placeholder 0.8% of price) | $380$4,559 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $158$1,890 |
| Total operating expenses | $1,440$17,277 |
| 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 | 2 | 1,220 | $2,800 | 2026-08-11 | — | |
| townhomes | 3 | 2 | 1,400 | $3,095 | 2026-08-09 | — | |
| townhomes | 3 | 3 | 1,632 | $3,200 | 2026-07-23 | — | |
| townhomes | 3 | 2 | 1,584 | $3,350 | 2026-07-22 | — | |
| townhomes | 3 | 2 | 1,220 | $3,200 | 2026-07-21 | — | |
| townhomes | 3 | 2 | 1,220 | $3,000 | 2026-07-06 | — | |
| townhomes | 3 | 2 | 1,400 | $3,150 | 2026-08-28 | — |
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 |
|---|---|---|---|---|---|---|
| 11621 SW 90th St | townhomes | 3 | 3 | 1,704 | $585,000 | 2026-08-26 |
| 11483 SW 109th Rd Unit 2F | townhomes | 3 | 2 | 1,400 | $435,000 | 2026-08-21 |
| 11527 SW 90th St | townhomes | 3 | 2 | 1,317 | $480,000 | 2026-07-31 |
| 11040 SW 112th Ave | townhomes | 3 | 2 | 1,584 | $485,000 | 2026-07-31 |
| 13209 SW 95th Ave | townhomes | 3 | 3 | 1,535 | $620,000 | 2026-07-29 |
| 11020 SW 112th Ave | townhomes | 3 | 2 | 1,584 | $375,000 | 2026-07-14 |
| 9127 SW 96th Ave | townhomes | 3 | 3 | 1,672 | $475,000 | 2026-07-14 |
| 11245 SW 111th St | townhomes | 3 | 3 | 1,632 | $535,000 | 2026-06-30 |
| 13013 SW 95th Ave | townhomes | 3 | 2 | 1,535 | $590,000 | 2026-05-29 |
| 11491 SW 109th Rd Unit 15A | townhomes | 3 | 2 | 1,480 | $470,000 | 2026-05-27 |
| 12806 SW 91st Ct | townhomes | 3 | 3 | 1,548 | $585,000 | 2026-05-26 |
| 11405 SW 148th Ter | townhomes | 3 | 2 | 1,260 | $399,900 | 2026-05-15 |
| 10150 SW 88th St Apt 106 | townhomes | 3 | 3 | 1,610 | $450,000 | 2026-04-06 |
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 |
|---|---|---|---|---|---|---|
| 9123 SW 112th Ct | single_family | 3 | 3 | 1,952 | $689,900 | — |
| 10225 SW 89th St | townhomes | 3 | 3 | 1,656 | $595,000 | — |
| 10220 SW 91st St | single_family | 3 | 2 | 1,987 | $925,000 | — |
| 13340 SW 112th Ct | single_family | 3 | 2 | 1,212 | $489,900 | — |
| 10471 SW 141 St | single_family | 3 | 1 | 2,328 | $550,000 | — |
| 11411 SW 109th Rd Unit 50Y | condos | 3 | 3 | 1,342 | $420,000 | — |
| 11530 SW 136th St | single_family | 3 | 1 | 1,070 | $525,000 | — |
| 14052 SW 110th Ave | single_family | 3 | 2 | 1,778 | $594,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $586,997 | $17,499 | -$19,550 | $450,977 | $136,020 |
| 2 | $604,607 | $18,110 | -$18,986 | $445,694 | $158,913 |
| 3 | $622,745 | $18,742 | -$18,402 | $440,049 | $182,696 |
| 4 | $641,427 | $19,395 | -$17,799 | $434,016 | $207,412 |
| 5 | $660,670 | $20,070 | -$17,175 | $427,569 | $233,102 |
| 6 | $680,490 | $20,767 | -$16,529 | $420,679 | $259,812 |
| 7 | $700,905 | $21,488 | -$15,862 | $413,315 | $287,590 |
| 8 | $721,932 | $22,233 | -$15,172 | $405,447 | $316,486 |
| 9 | $743,590 | $23,002 | -$14,459 | $397,037 | $346,553 |
| 10 | $765,898 | $23,798 | -$13,721 | $388,051 | $377,847 |