| Acquisition (one-time, not monthly/yearly) | |
| Purchase price | $860,900 |
| Down payment (20.0%) | $172,180 |
| Loan amount | $688,720 |
| Closing costs (5.0%) | $43,045 |
| Total cash to close | $215,225 |
| Income | |
| Rent (comp-derived) | $2,999$35,988 |
| Vacancy loss (8.0%) | |
| Effective gross income | $2,759$33,109 |
| Operating expenses | |
| Property tax (placeholder 1.9% of price) | $1,363$16,357 |
| Insurance (placeholder 0.8% of price) | $574$6,887 |
| HOA dues | $0$0 |
| Management (0.0% of EGI) | $0$0 |
| Maintenance (5.0% of GSR) | $150$1,799 |
| Total operating expenses | $2,087$25,044 |
| 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) | $150$1,799 |
| 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 |
|---|---|---|---|---|---|---|---|
| apartment | 1 | 1 | 600 | $2,000 | 2026-08-20 | — | |
| apartment | 1 | 1 | 750 | $2,400 | 2026-08-20 | — | |
| apartment | 1 | 1 | 660 | $1,100 | 2026-08-20 | — | |
| apartment | 1 | 1 | 800 | $2,200 | 2026-04-21 | — | |
| apartment | 1 | 2 | 625 | $1,800 | 2026-08-18 | — | |
| condos | 1 | 1 | 638 | $4,150 | 2026-08-17 | — | |
| condos | 1 | 1 | 528 | $4,000 | 2026-08-17 | — | |
| condos | 1 | 1 | 720 | $3,800 | 2026-08-11 | — | |
| apartment | 1 | 1 | 752 | $3,643 | 2026-07-27 | — | |
| condos | 1 | 1 | 829 | $4,221 | 2026-07-20 | — | |
| condos | 1 | 1 | 625 | $2,216 | 2026-07-09 | — | |
| condos | 1 | 1 | 624 | $3,500 | 2026-07-06 | — | |
| condos | 1 | 1 | 526 | $2,092 | 2026-07-04 | — | |
| apartment | 1 | 1 | 550 | $1,475 | 2024-10-01 | — | |
| apartment | 1 | 1 | 550 | $2,100 | 2026-06-25 | — | |
| condos | 1 | 1 | 650 | $4,000 | 2026-06-24 | — | |
| condos | 1 | 1 | 720 | $4,350 | 2026-06-22 | — | |
| condos | 1 | 1 | 756 | $5,500 | 2026-06-17 | — | |
| condos | 1 | 1 | 598 | $4,750 | 2026-06-17 | — | |
| condos | 1 | 1 | 745 | $3,324 | 2026-06-16 | — | |
| condos | 1 | 1 | 638 | $4,200 | 2026-06-12 | — | |
| apartment | 1 | 1 | 638 | $4,700 | 2026-06-11 | — | |
| condos | 1 | 1 | 638 | $4,200 | 2026-06-11 | — | |
| condos | 1 | 1 | 638 | $4,200 | 2026-06-11 | — | |
| condos | 1 | 1 | 720 | $4,500 | 2026-06-10 | — | |
| condos | 1 | 1 | 638 | $3,600 | 2026-06-05 | — | |
| apartment | 1 | 1 | 598 | $4,000 | 2026-06-02 | — | |
| condos | 1 | 1 | 750 | $2,999 | 2026-05-29 | — | |
| condos | 1 | 1 | 820 | $4,600 | 2026-05-27 | — | |
| apartment | 1 | 1 | 817 | $4,900 | 2026-05-20 | — | |
| condos | 1 | 1 | 638 | $4,400 | 2026-05-19 | — | |
| condos | 1 | 1 | 638 | $3,500 | 2026-05-17 | — | |
| condos | 1 | 1 | 638 | $3,200 | 2026-05-17 | — | |
| condos | 1 | 1 | 708 | $2,675 | 2026-08-26 | — | |
| apartment | 1 | 1 | 650 | $1,450 | 2026-05-12 | — | |
| condos | 1 | 1 | 700 | $2,320 | 2026-05-05 | — | |
| condos | 1 | 1 | 624 | $4,000 | 2026-05-04 | — | |
| apartment | 1 | 1 | 800 | $1,975 | 2026-08-02 | — | |
| apartment | 1 | 1 | 700 | $1,550 | 2026-07-31 | — | |
| apartment | 1 | 1 | 800 | $2,150 | 2026-08-24 | — | |
| apartment | 1 | 1 | 692 | $3,150 | 2026-08-22 | — | |
| apartment | 1 | 1 | 646 | $2,831 | 2022-10-31 | — | |
| apartment | 1 | 1 | 551 | $2,708 | 2024-06-26 | — | |
| apartment | 1 | 1 | 690 | $2,879 | 2026-03-25 | — | |
| condos | 1 | 1 | 720 | $2,374 | 2025-07-18 | — | |
| apartment | 1 | 1 | 599 | $1,900 | 2026-08-25 | — | |
| apartment | 1 | 1 | 700 | $1,500 | 2026-08-22 | — | |
| apartment | 1 | 1 | 730 | $2,162 | 2025-07-16 | — | |
| apartment | 1 | 1 | 700 | $1,550 | 2025-03-05 | — | |
| apartment | 1 | 1 | 620 | $2,175 | 2025-09-12 | — | |
| condos | 1 | 1 | 646 | $2,485 | — | — | |
| apartment | 1 | 1 | 640 | $1,850 | 2026-08-23 | — | |
| apartment | 1 | 1 | 710 | $3,374 | — | — | |
| apartment | 1 | 1 | 744 | $3,119 | — | — | |
| condos | 1 | 1 | 738 | $2,795 | — | — | |
| apartment | 1 | 1 | 716 | $2,637 | — | — | |
| apartment | 1 | 1 | 740 | $2,377 | 2025-03-11 | — | |
| apartment | 1 | 1 | 720 | $1,800 | 2026-07-11 | — | |
| condos | 1 | 1 | 797 | $2,725 | 2026-08-26 | — | |
| condos | 1 | 1 | 797 | $2,795 | 2026-08-26 | — | |
| apartment | 1 | 1 | 700 | $1,600 | 2024-05-28 | — | |
| apartment | 1 | 1 | 646 | $2,757 | — | — | |
| apartment | 1 | 1 | 646 | $2,837 | — | — | |
| apartment | 1 | 1 | 646 | $2,827 | — | — | |
| apartment | 1 | 1 | 751 | $3,463 | — | — | |
| apartment | 1 | 1 | 692 | $3,225 | — | — | |
| apartment | 1 | 1 | 794 | $4,106 | — | — | |
| apartment | 1 | 1 | 748 | $2,879 | — | — | |
| apartment | 1 | 1 | 647 | $2,888 | — | — | |
| condos | 1 | 1 | 778 | $2,520 | — | — | |
| condos | 1 | 1 | 674 | $2,585 | — | — | |
| apartment | 1 | 1 | 716 | $2,775 | — | — | |
| apartment | 1 | 1 | 715 | $3,064 | — | — | |
| apartment | 1 | 1 | 715 | $2,944 | — | — | |
| condos | 1 | 1 | 744 | $2,630 | — | — | |
| apartment | 1 | 1 | 772 | $3,089 | — | — | |
| apartment | 1 | 1 | 646 | $2,947 | — | — | |
| apartment | 1 | 1 | 727 | $2,994 | — | — | |
| apartment | 1 | 1 | 744 | $3,134 | — | — | |
| apartment | 1 | 1 | 744 | $3,229 | — | — | |
| apartment | 1 | 1 | 744 | $3,229 | — | — | |
| apartment | 1 | 1 | 744 | $3,144 | — | — | |
| apartment | 1 | 1 | 805 | $3,353 | — | — | |
| apartment | 1 | 1 | 534 | $2,640 | — | — | |
| apartment | 1 | 1 | 600 | $2,493 | — | — | |
| apartment | 1 | 1 | 658 | $2,950 | — | — | |
| apartment | 1 | 1 | 653 | $2,878 | — | — | |
| apartment | 1 | 1 | 658 | $2,815 | — | — | |
| apartment | 1 | 1 | 616 | $2,565 | — | — | |
| apartment | 1 | 1 | 714 | $2,793 | — | — | |
| apartment | 1 | 1 | 642 | $2,909 | — | — | |
| apartment | 1 | 1 | 671 | $2,935 | — | — | |
| apartment | 1 | 1 | 534 | $2,880 | — | — | |
| apartment | 1 | 1 | 571 | $2,978 | — | — | |
| apartment | 1 | 1 | 565 | $2,746 | — | — | |
| apartment | 1 | 1 | 685 | $3,003 | — | — | |
| apartment | 1 | 1 | 579 | $2,812 | — | — | |
| apartment | 1 | 1 | 673 | $2,961 | — | — | |
| condos | 1 | 1 | 646 | $2,795 | 2026-09-01 | — | |
| apartment | 1 | 1 | 716 | $3,015 | — | — | |
| apartment | 1 | 1 | 636 | $2,765 | — | — | |
| apartment | 1 | 1 | 703 | $3,246 | — | — | |
| apartment | 1 | 1 | 765 | $3,192 | — | — | |
| apartment | 1 | 1 | 752 | $3,405 | — | — | |
| apartment | 1 | 1 | 707 | $3,113 | — | — | |
| apartment | 1 | 1 | 703 | $3,121 | — | — | |
| apartment | 1 | 1 | 642 | $3,029 | — | — | |
| apartment | 1 | 1 | 665 | $3,043 | — | — | |
| apartment | 1 | 1 | 765 | $3,188 | — | — | |
| apartment | 1 | 1 | 685 | $3,423 | — | — | |
| apartment | 1 | 1 | 715 | $3,164 | — | — | |
| apartment | 1 | 1 | 715 | $3,164 | — | — | |
| apartment | 1 | 1 | 715 | $3,164 | — | — | |
| apartment | 1 | 1 | 692 | $3,175 | — | — | |
| apartment | 1 | 1 | 635 | $3,353 | — | — | |
| apartment | 1 | 1 | 635 | $3,341 | — | — | |
| apartment | 1 | 1 | 809 | $3,374 | — | — | |
| apartment | 1 | 1 | 565 | $3,253 | — | — | |
| apartment | 1 | 1 | 716 | $3,030 | — | — | |
| apartment | 1 | 1 | 748 | $3,123 | — | — | |
| apartment | 1 | 1 | 740 | $3,283 | — | — | |
| apartment | 1 | 1 | 647 | $3,069 | — | — | |
| apartment | 1 | 1 | 710 | $3,574 | — | — | |
| apartment | 1 | 1 | 1,041 | $4,713 | — | — | |
| apartment | 1 | 1 | 1,012 | $4,728 | — | — | |
| apartment | 1 | 1 | 740 | $2,595 | 2025-03-20 | — | |
| apartment | 1 | 1 | 700 | $1,600 | 2026-08-31 | — |
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 |
|---|---|---|---|---|---|---|
| 2700 NW 2nd Ave Unit 502 | condos | 1 | 1 | 638 | $705,000 | 2026-08-27 |
| 450 NW 20th St Unit 1 | condo_townhome_rowhome_coop | 4 | 2 | 1,347 | $250,000 | 2026-02-26 |
| 410 NW 20th St Unit 5 | condos | 3 | 3 | 1,190 | $383,000 | 2026-01-16 |
| 136 NW 26th St Unit 503 | condos | 1 | 1 | 440 | $315,000 | 2025-09-16 |
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 |
|---|---|---|---|---|---|---|
| 2700 NW 2nd Ave Unit 202 | condos | 1 | 1 | — | $650,000 | — |
| 250 NW 24th St Apt 2B | condos | 1 | 1 | 720 | $630,000 | — |
| 2700 NW 2nd Ave Unit 302 | condos | 1 | 1 | — | $725,000 | — |
| 2700 NW 2nd Ave Unit 409 | condos | 1 | 1 | 720 | $850,000 | — |
| 2700 NW 2nd Ave Unit 538 | condos | 1 | 1 | 624 | $710,000 | — |
| 2700 NW 2nd Ave Unit 432 | condos | 1 | 1 | 624 | $720,000 | — |
| 2700 NW 2nd Ave Unit 528 | condos | 1 | 1 | 638 | $645,000 | — |
| 2700 NW 2nd Ave Unit 717 | condos | 1 | 1 | 720 | $799,000 | — |
| Year | Property value | NOI | Cash flow | Loan balance | Equity |
|---|---|---|---|---|---|
| 1 | $886,727 | $8,065 | -$46,845 | $681,253 | $205,474 |
| 2 | $913,329 | $8,432 | -$46,523 | $673,273 | $240,056 |
| 3 | $940,729 | $8,814 | -$46,188 | $664,745 | $275,984 |
| 4 | $968,951 | $9,210 | -$45,839 | $655,631 | $313,320 |
| 5 | $998,019 | $9,621 | -$45,476 | $645,891 | $352,128 |
| 6 | $1,027,960 | $10,048 | -$45,099 | $635,483 | $392,477 |
| 7 | $1,058,798 | $10,491 | -$44,707 | $624,360 | $434,438 |
| 8 | $1,090,562 | $10,951 | -$44,299 | $612,473 | $478,089 |
| 9 | $1,123,279 | $11,428 | -$43,875 | $599,770 | $523,509 |
| 10 | $1,156,978 | $11,924 | -$43,434 | $586,194 | $570,783 |