| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $949,900 |
| Down payment (20.0%) | $189,980 |
| Loan amount | $759,920 |
| Closing costs (5.0%) | $47,495 |
| Total cash to close | $237,475 |
| Income | |
| Rent (comp-derived) | $5,025$60,300 |
| Vacancy loss (8.0%) | |
| Effective gross income | $4,623$55,476 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,504$18,048 |
| Insurance (placeholder 0.8% of price) | $633$7,599 |
| HOA dues | $187$2,244 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $251$3,015 |
| Total operating expenses | $2,576$30,906 |
| 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) | $251$3,015 |
| 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 |
|---|---|---|---|---|---|---|---|
| single_family | 3 | 2 | 1,462 | $3,600 | 2026-08-20 | — | |
| single_family | 3 | 2 | 2,343 | $3,700 | 2026-03-10 | — | |
| single_family | 3 | 3 | 1,743 | $5,300 | 2026-08-26 | — | |
| single_family | 3 | 1 | 1,611 | $2,800 | 2026-07-10 | — | |
| single_family | 3 | 4 | 2,176 | $5,900 | 2026-08-06 | — | |
| single_family | 3 | 2 | 1,475 | $4,797 | 2026-03-29 | — | |
| single_family | 3 | 2 | 2,012 | $5,050 | 2026-07-20 | — | |
| single_family | 3 | 3 | 2,158 | $6,550 | 2026-07-14 | — | |
| single_family | 3 | 2 | 1,967 | $6,000 | 2026-08-19 | — | |
| single_family | 3 | 3 | 2,158 | $5,500 | 2026-06-17 | — | |
| single_family | 3 | 4 | 2,116 | $5,000 | — | — | |
| single_family | 3 | 4 | 2,116 | $5,000 | — | — |
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 |
|---|---|---|---|---|---|---|
| 831 Wren Ave | single_family | 3 | 2 | 1,416 | $750,000 | 2026-08-21 |
| 501 Lawn Way | single_family | 3 | 2 | 1,882 | $770,000 | 2026-08-19 |
| 1161 Starling Ave | single_family | 3 | 2 | 2,005 | $890,000 | 2026-08-17 |
| 10 S Melrose Dr | single_family | 3 | 2 | 2,165 | $815,000 | 2026-08-10 |
| 3865 NW 57th Pl | single_family | 3 | 1 | 1,104 | $687,500 | 2026-08-04 |
| 8253 NW 47th Ln | single_family | 3 | 4 | 2,176 | $970,000 | 2026-08-03 |
| 240 Nahkoda Dr | single_family | 3 | 2 | 1,279 | $701,000 | 2026-07-31 |
| 260 Hibiscus Dr | single_family | 3 | 2 | 1,428 | $685,000 | 2026-07-30 |
| 1490 Ludlam Dr | single_family | 3 | 2 | 1,789 | $775,000 | 2026-07-24 |
| 550 Quail Ave | single_family | 3 | 2 | 1,578 | $805,000 | 2026-07-22 |
| 4838 NW 83rd Pkwy | single_family | 3 | 3 | 1,604 | $667,500 | 2026-07-20 |
| 8037 NW 46th Ter | single_family | 3 | 3 | 2,285 | $1,200,000 | 2026-07-17 |
| 571 Raven Ave | single_family | 3 | 2 | 1,450 | $850,000 | 2026-07-07 |
| 531 Forrest Dr | single_family | 3 | 2 | 1,084 | $630,000 | 2026-07-06 |
| 1250 Wren Ave | single_family | 3 | 2 | 990 | $630,000 | 2026-07-02 |
| 281 Pocatella St | single_family | 3 | 2 | 1,409 | $795,000 | 2026-07-01 |
| 400 Morningside Dr | single_family | 3 | 2 | 1,671 | $775,000 | 2026-06-30 |
| 4392 NW 80th Ave | single_family | 3 | 3 | 2,158 | $1,072,000 | 2026-06-26 |
| 851 Albatross St | single_family | 3 | 2 | 2,199 | $750,000 | 2026-06-17 |
| 641 Nightingale Ave | single_family | 3 | 2 | 1,382 | $1,085,000 | 2026-06-16 |
| 240 Lenape Dr | single_family | 3 | 3 | 1,939 | $989,000 | 2026-06-16 |
| 8156 NW 43rd St | single_family | 3 | 3 | 2,158 | $1,015,000 | 2026-06-12 |
| 1161 Nightingale Ave | single_family | 3 | 2 | 1,233 | $730,000 | 2026-06-09 |
| 461 Plover Ave | single_family | 3 | 2 | 942 | $670,000 | 2026-06-09 |
| 550 Forrest Dr | single_family | 3 | 2 | 1,233 | $600,000 | 2026-06-05 |
| 851 Bluebird Ave | single_family | 3 | 2 | — | $920,000 | 2026-05-29 |
| 1620 Lenape Dr | single_family | 3 | 2 | 1,869 | $1,100,000 | 2026-05-28 |
| 6200 NW 39th Ter | single_family | 3 | 1 | 962 | $529,000 | 2026-05-26 |
| 8304 NW 49th St | single_family | 3 | 5 | 2,366 | $860,000 | 2026-05-18 |
| 30 Bentley Dr | single_family | 3 | 2 | 1,710 | $899,000 | 2026-05-12 |
| 801 Oriole Ave | single_family | 3 | 2 | 1,755 | $800,000 | 2026-05-08 |
| 429 Deer Run | single_family | 3 | 3 | 2,875 | $1,260,000 | 2026-05-05 |
| 564 DE Leon Dr | single_family | 3 | 3 | 1,873 | $875,000 | 2026-05-04 |
| 1125 Dove Ave | single_family | 3 | 2 | 1,808 | $606,000 | 2026-05-04 |
| 5870 NW 38th St | single_family | 3 | 2 | 1,288 | $683,000 | 2026-04-28 |
| 625 Miller Dr | single_family | 3 | 2 | 1,100 | $810,000 | 2026-04-17 |
| 296 Navajo St | single_family | 3 | 3 | 1,663 | $785,000 | 2026-04-16 |
| 5804115403 | single_family | 3 | 2 | 1,816 | $700,000 | 2026-04-10 |
| 510 Lee Dr | single_family | 3 | 2 | 1,179 | $550,000 | 2026-04-06 |
| 358 Pine Ct | single_family | 3 | 1 | 918 | $635,000 | 2026-04-01 |
| 8279 NW 43rd St | single_family | 3 | 4 | 2,182 | $1,127,000 | 2026-03-30 |
| 339 Falcon Ave | single_family | 3 | 2 | 1,624 | $755,000 | 2026-03-27 |
| 4757 NW 85th Ave | single_family | 3 | 4 | 2,257 | $1,125,000 | 2026-03-23 |
| 17 N Melrose Dr | single_family | 3 | 2 | 1,547 | $599,000 | 2026-03-19 |
| 4761 NW 85th Ave | single_family | 3 | 4 | 2,257 | $1,125,000 | 2026-03-09 |
| 631 Curtiss Pkwy | single_family | 3 | 2 | 1,498 | $777,000 | 2026-03-03 |
| 1030 Falcon Ave | single_family | 3 | 2 | 1,892 | $790,000 | 2026-02-26 |
| 8272 Central Park Blvd | single_family | 3 | 4 | 2,257 | $1,066,900 | 2026-02-18 |
| 700 Rio Vista Dr | single_family | 3 | 2 | 1,752 | $738,000 | 2026-02-13 |
| 17 Whitethorn Dr | single_family | 3 | 2 | 1,394 | $660,000 | 2026-02-06 |
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 |
|---|---|---|---|---|---|---|
| 8201 NW 41st St Unit D203 | condos | 3 | 2 | 1,124 | $450,000 | — |
| 1101 Starling Ave | single_family | 3 | 2 | 1,942 | $899,000 | — |
| 157 Lenape Dr | single_family | 3 | 1 | 1,058 | $665,000 | — |
| 701 Westward Dr | single_family | 3 | 3 | 2,200 | $899,999 | — |
| 240 Carlisle Dr | single_family | 3 | 1 | 1,417 | $749,900 | — |
| 430 Forrest Dr | single_family | 3 | 2 | 1,103 | $930,000 | — |
| 8166 NW 42nd St | townhomes | 3 | 4 | 1,866 | $840,000 | — |
| 801 Albatross St | single_family | 3 | 2 | 1,320 | $850,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $978,397 | $24,570 | -$37,047 | $751,681 | $226,716 |
| 2 | $1,007,749 | $25,461 | -$36,230 | $742,876 | $264,873 |
| 3 | $1,037,981 | $26,384 | -$35,385 | $733,466 | $304,515 |
| 4 | $1,069,121 | $27,337 | -$34,511 | $723,410 | $345,711 |
| 5 | $1,101,194 | $28,324 | -$33,605 | $712,664 | $388,531 |
| 6 | $1,134,230 | $29,344 | -$32,668 | $701,180 | $433,051 |
| 7 | $1,168,257 | $30,399 | -$31,698 | $688,907 | $479,351 |
| 8 | $1,203,305 | $31,491 | -$30,695 | $675,791 | $527,514 |
| 9 | $1,239,404 | $32,619 | -$29,656 | $661,774 | $577,630 |
| 10 | $1,276,586 | $33,786 | -$28,581 | $646,795 | $629,791 |