| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $1,650,000 |
| Down payment (20.0%) | $330,000 |
| Loan amount | $1,320,000 |
| Closing costs (5.0%) | $82,500 |
| Total cash to close | $412,500 |
| Income | |
| Rent (comp-derived) | $3,563$42,756 |
| Vacancy loss (8.0%) | |
| Effective gross income | $3,278$39,336 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $2,613$31,350 |
| Insurance (placeholder 0.8% of price) | $1,100$13,200 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $178$2,138 |
| Total operating expenses | $3,891$46,688 |
| 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) | $178$2,138 |
| 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 |
|---|---|---|---|---|---|---|---|
| condos | 2 | 2 | 903 | $2,700 | 2026-08-20 | — | |
| condos | 2 | 2 | 891 | $2,400 | 2026-08-20 | — | |
| condos | 2 | 2 | 929 | $2,399 | 2026-08-14 | — | |
| condos | 2 | 2 | 891 | $2,500 | 2026-08-13 | — | |
| apartment | 2 | 1 | 750 | $2,075 | 2026-08-11 | — | |
| condos | 2 | 2 | 891 | $2,600 | 2026-08-10 | — | |
| apartment | 2 | 2 | 817 | $2,785 | 2026-07-27 | — | |
| condos | 2 | 2 | 848 | $2,800 | 2026-07-22 | — | |
| condos | 2 | 2 | 903 | $2,800 | 2026-07-21 | — | |
| condos | 2 | 2 | 848 | $2,400 | 2026-07-19 | — | |
| condos | 2 | 2 | 891 | $2,300 | 2026-07-16 | — | |
| condos | 2 | 2 | 825 | $3,600 | 2026-07-13 | — | |
| apartment | 2 | 1 | 831 | $2,626 | 2026-07-01 | — | |
| condos | 2 | 2 | 1,037 | $2,250 | 2026-06-22 | — | |
| condos | 2 | 2 | 914 | $2,800 | 2026-06-18 | — | |
| apartment | 2 | 2 | 1,060 | $3,294 | 2026-06-05 | — | |
| condos | 2 | 2 | 914 | $2,700 | 2026-05-06 | — | |
| condos | 2 | 2 | 914 | $2,800 | 2026-08-03 | — | |
| condos | 2 | 2 | 914 | $3,000 | 2026-03-03 | — | |
| condos | 2 | 2 | 1,000 | $2,600 | — | — | |
| apartment | 2 | 2 | 939 | $3,543 | — | — | |
| condos | 2 | 2 | 891 | $2,600 | — | — | |
| apartment | 2 | 2 | 939 | $3,518 | — | — | |
| apartment | 2 | 2 | 860 | $3,437 | — | — | |
| apartment | 2 | 2 | 950 | $3,565 | — | — | |
| apartment | 2 | 2 | 1,432 | $5,375 | — | — | |
| apartment | 2 | 2 | 967 | $3,066 | — | — | |
| apartment | 2 | 2 | 1,179 | $4,660 | — | — | |
| apartment | 2 | 2 | 860 | $3,639 | — | — | |
| apartment | 2 | 2 | 923 | $3,548 | — | — | |
| apartment | 2 | 2 | 1,000 | $3,500 | 2026-08-28 | — | |
| condos | 2 | 2 | 865 | $2,500 | 2026-08-27 | — | |
| condos | 2 | 2 | 927 | $2,600 | 2026-08-25 | — | |
| condos | 2 | 2 | 914 | $2,800 | 2026-04-16 | — | |
| apartment | 2 | 2 | 939 | $3,864 | — | — | |
| apartment | 2 | 2 | 1,284 | $3,366 | 2026-02-20 | — | |
| apartment | 2 | 2 | 939 | $3,611 | — | — | |
| condos | 2 | 2 | 1,055 | $4,200 | — | — | |
| apartment | 2 | 2 | 985 | $3,311 | — | — | |
| apartment | 2 | 2 | 1,053 | $3,103 | — | — | |
| apartment | 2 | 2 | 1,053 | $3,222 | — | — | |
| condos | 2 | 2 | 1,100 | $3,194 | 2026-03-06 | — | |
| apartment | 2 | 2 | 1,048 | $2,990 | — | — | |
| apartment | 2 | 2 | 800 | $3,391 | — | — | |
| apartment | 2 | 2 | 1,060 | $3,249 | — | — | |
| apartment | 2 | 2 | 1,247 | $3,579 | — | — | |
| apartment | 2 | 2 | 1,019 | $3,072 | — | — | |
| apartment | 2 | 2 | 939 | $3,528 | — | — | |
| apartment | 2 | 2 | 1,086 | $3,456 | — | — | |
| apartment | 2 | 2 | 940 | $3,320 | — | — | |
| apartment | 2 | 2 | 1,086 | $3,476 | — | — | |
| apartment | 2 | 2 | 1,086 | $3,486 | — | — | |
| apartment | 2 | 2 | 940 | $3,385 | — | — | |
| apartment | 2 | 2 | 1,086 | $3,511 | — | — | |
| apartment | 2 | 2 | 895 | $3,460 | — | — | |
| apartment | 2 | 2 | 860 | $3,534 | — | — | |
| apartment | 2 | 2 | 1,118 | $3,833 | — | — | |
| apartment | 2 | 2 | 923 | $3,593 | — | — | |
| apartment | 2 | 2 | 923 | $3,573 | — | — | |
| apartment | 2 | 2 | 939 | $3,593 | — | — | |
| apartment | 2 | 2 | 939 | $3,588 | — | — | |
| apartment | 2 | 2 | 1,042 | $3,593 | — | — | |
| apartment | 2 | 2 | 923 | $3,563 | — | — | |
| apartment | 2 | 2 | 923 | $3,593 | — | — | |
| apartment | 2 | 2 | 939 | $3,568 | — | — | |
| apartment | 2 | 2 | 923 | $3,588 | — | — | |
| apartment | 2 | 2 | 923 | $3,593 | — | — | |
| apartment | 2 | 2 | 923 | $3,593 | — | — | |
| apartment | 2 | 2 | 939 | $3,588 | — | — | |
| apartment | 2 | 2 | 939 | $3,558 | — | — | |
| apartment | 2 | 2 | 1,042 | $3,593 | — | — | |
| apartment | 2 | 2 | 923 | $3,588 | — | — | |
| apartment | 2 | 2 | 939 | $3,593 | — | — | |
| apartment | 2 | 2 | 939 | $3,583 | — | — | |
| apartment | 2 | 2 | 1,042 | $3,608 | — | — | |
| apartment | 2 | 2 | 923 | $3,608 | — | — | |
| apartment | 2 | 2 | 1,042 | $3,608 | — | — | |
| apartment | 2 | 2 | 1,144 | $3,855 | — | — | |
| apartment | 2 | 2 | 1,097 | $3,401 | — | — | |
| apartment | 2 | 2 | 1,042 | $3,843 | — | — | |
| apartment | 2 | 2 | 1,097 | $3,336 | — | — | |
| apartment | 2 | 2 | 1,247 | $3,450 | — | — | |
| apartment | 2 | 2 | 990 | $3,723 | — | — | |
| apartment | 2 | 2 | 1,130 | $3,566 | — | — | |
| apartment | 2 | 2 | 1,035 | $3,872 | — | — | |
| apartment | 2 | 2 | 1,130 | $3,571 | — | — | |
| apartment | 2 | 2 | 1,336 | $4,970 | — | — | |
| apartment | 2 | 2 | 1,336 | $4,870 | — | — | |
| apartment | 2 | 2 | 1,130 | $3,656 | — | — | |
| apartment | 2 | 2 | 1,336 | $5,010 | — | — | |
| apartment | 2 | 2 | 1,179 | $4,625 | — | — | |
| apartment | 2 | 2 | 1,179 | $4,625 | — | — | |
| apartment | 2 | 2 | 1,179 | $4,670 | — | — | |
| apartment | 2 | 2 | 1,336 | $4,875 | — | — | |
| apartment | 2 | 2 | 1,052 | $4,790 | — | — | |
| apartment | 2 | 2 | 1,179 | $4,835 | — | — | |
| apartment | 2 | 2 | 1,052 | $4,850 | — | — | |
| apartment | 2 | 2 | 1,179 | $4,825 | — | — | |
| apartment | 2 | 2 | 1,428 | $5,130 | — | — | |
| apartment | 2 | 2 | 1,432 | $5,335 | — | — | |
| apartment | 2 | 2 | 1,432 | $5,305 | — | — | |
| apartment | 2 | 2 | 1,336 | $5,040 | — | — | |
| apartment | 2 | 2 | 1,314 | $5,100 | — | — | |
| apartment | 2 | 2 | 1,314 | $5,080 | — | — | |
| apartment | 2 | 1 | 768 | $2,990 | 2026-08-30 | — | |
| apartment | 2 | 2 | 1,052 | $4,855 | — | — | |
| apartment | 2 | 2 | 1,432 | $5,300 | — | — | |
| apartment | 2 | 2 | 1,432 | $5,400 | — | — | |
| apartment | 2 | 2 | 1,432 | $5,465 | — | — | |
| apartment | 2 | 2 | 1,184 | $3,380 | — | — | |
| apartment | 2 | 2 | 1,082 | $3,422 | — | — | |
| apartment | 2 | 2 | 1,097 | $3,342 | — | — | |
| apartment | 2 | 2 | 1,048 | $3,239 | — | — |
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 |
|---|---|---|---|---|---|---|
| 483 NW 19th St Unit 362 | condos | 2 | 1 | 782 | $218,000 | 2026-08-26 |
| 816 NW 11th St Apt 801 | condos | 2 | 2 | 1,067 | $335,000 | 2026-08-17 |
| 816 NW 11th St Apt 806 | condos | 2 | 2 | 891 | $301,000 | 2026-07-30 |
| 850 N Miami Ave Unit W2003 | condos | 2 | 2 | 914 | $320,000 | 2026-07-21 |
| 850 N Miami Ave Unit W1903 | condos | 2 | 2 | 914 | $300,000 | 2026-07-14 |
| 201 NW 7th St Apt 307 | condos | 2 | 2 | 1,037 | $350,000 | 2026-06-15 |
| 201 NW 7th St Apt 103 | condos | 2 | 2 | 1,037 | $340,000 | 2026-06-08 |
| 850 N Miami Ave Unit W609 | condos | 2 | 2 | 914 | $280,000 | 2026-05-14 |
| 850 N Miami Ave Apt 703 | condos | 2 | 2 | 914 | $272,000 | 2026-04-16 |
| 850 N Miami Ave Unit W1503 | condos | 2 | 2 | 914 | $295,000 | 2026-03-19 |
| 850 N Miami Ave Unit W1804 | condos | 2 | 2 | 914 | $305,000 | 2026-02-18 |
| 816 NW 11th St Apt 505 | condos | 2 | 2 | 882 | $270,000 | 2025-10-06 |
| 1010 NW 11th St Apt 601 | condos | 2 | 2 | 918 | $320,000 | 2025-09-28 |
| 816 NW 11th St Apt 405 | condos | 2 | 2 | 882 | $270,000 | 2025-09-19 |
| 800 N Miami Ave Unit E809 | condos | 2 | 2 | 914 | $313,000 | 2025-09-08 |
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 |
|---|---|---|---|---|---|---|
| 816 NW 11th St Apt 1208 | condos | 2 | 2 | 891 | $350,000 | — |
| 850 N Miami Ave Unit W708 | condos | 2 | 2 | 914 | $259,990 | — |
| 816 NW 11th St Apt 607 | condos | 2 | 2 | 891 | $330,000 | — |
| 850 N Miami Ave Unit W906 | condos | 2 | 2 | 903 | $294,999 | — |
| 980 NW N River Dr Unit 30 | townhomes | 2 | 3 | 1,287 | $675,000 | — |
| 816 NW 11th St Apt 402 | condos | 2 | 2 | 882 | $298,900 | — |
| 1060 NW 7th St Apt 205 | condos | 2 | 2 | 865 | $305,000 | — |
| 850 N Miami Ave Unit W1202 | condos | 2 | 2 | 848 | $330,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $1,699,500 | -$7,352 | -$111,282 | $1,305,688 | $393,812 |
| 2 | $1,750,485 | -$7,339 | -$111,323 | $1,290,394 | $460,091 |
| 3 | $1,803,000 | -$7,320 | -$111,359 | $1,274,049 | $528,951 |
| 4 | $1,857,090 | -$7,295 | -$111,389 | $1,256,581 | $600,508 |
| 5 | $1,912,802 | -$7,262 | -$111,414 | $1,237,915 | $674,888 |
| 6 | $1,970,186 | -$7,222 | -$111,433 | $1,217,966 | $752,220 |
| 7 | $2,029,292 | -$7,175 | -$111,446 | $1,196,647 | $832,645 |
| 8 | $2,090,171 | -$7,119 | -$111,453 | $1,173,865 | $916,306 |
| 9 | $2,152,876 | -$7,055 | -$111,452 | $1,149,518 | $1,003,358 |
| 10 | $2,217,462 | -$6,983 | -$111,445 | $1,123,499 | $1,093,963 |