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Property Breakdowns
1021 NW 3rd St #206 Single
Miami, FL 33128 · 1bd/1.0ba · 465sf · Built 1930Asking Price
3.5% down, great for first-time buyers
Down Payment: $4,025
Loan Amount: $112,917
Fees / MIP: $1,942
Closing Costs: $3,450
Reserves (3mo): $2,372
Total Cash Needed: $9,847
Monthly Expenses
Mortgage P&I+MIP: $790.76
Property Tax: $186.88
Insurance: $150.00
HOA: $204.00
Maint + CapEx: $134.16
Vacancy + Mgmt: $147.16
Total: $1,612.96/mo
Returns
Market Rent (all units): $1,132
Your Rental Income: $1,132
Cashflow: $-481/mo
Annual: $-5,772/yr
Cash-on-Cash ROI: -58.6%
Cap Rate: 3.2% · DSCR: 1.43x
TOP UPGRADES BY ROI
| Pri | Upgrade | Cost | Value Add | ROI |
|---|---|---|---|---|
| CRIT | New A/C System | $7,500 | +$9,750 | 130% |
| CRIT | Electrical Panel Upgrade | $4,500 | +$5,400 | 120% |
| CRIT | Full Re-Pipe | $9,000 | +$9,900 | 110% |
| CRIT | Full Roof Replacement | $4,418 | +$4,859 | 110% |
| CRIT | Professional Deep Clean | $550 | +$2,750 | 500% |
- • Strong forced equity potential (+$45,032)
- • Excellent reno ROI (167%)
- • Older build (1930) — high value-add potential
- • Listed 24% below county market value ($151,100)
- • Heavy negative cashflow ($-481/mo)
- • Low barrier to entry ($9,847 cash needed)
- • Has flip exit strategy if hold doesn't work
- • High-crime area (High Risk) — higher risk
SILVER TREE GROUP LLC Assessed: $139,461 · Market: $151,100 · Built: 1930 · Zoning: 3900 · Folio: 0141020820010 View Full Record →
2/20/2026 — $81,500 ✓ Qualified (from PORTOFINO PACIFIC GROUP CORP)
5/20/2020 — $100 (from CACHAGUA INVESTMENT GROUP LLC)
10/14/2019 — $122,000 ✓ Qualified (from LINCOLN PLAGE INC)
1021 NW 3rd St #305 Single
Miami, FL 33128 · 3bd/2.0ba · 1,200sf · Built N/AAsking Price
3.5% down, great for first-time buyers
Down Payment: $12,250
Loan Amount: $343,661
Fees / MIP: $5,911
Closing Costs: $10,500
Reserves (3mo): $7,220
Total Cash Needed: $29,970
Monthly Expenses
Mortgage P&I+MIP: $2,406.67
Property Tax: $568.75
Insurance: $160.00
HOA: $0.00
Maint + CapEx: $408.34
Vacancy + Mgmt: $296.53
Total: $3,840.28/mo
Returns
Market Rent (all units): $2,281
Your Rental Income: $2,281
Cashflow: $-1,559/mo
Annual: $-18,712/yr
Cash-on-Cash ROI: -62.4%
Cap Rate: 2.9% · DSCR: 0.95x
TOP UPGRADES BY ROI
| Pri | Upgrade | Cost | Value Add | ROI |
|---|---|---|---|---|
| CRIT | New A/C System | $7,500 | +$9,750 | 130% |
| CRIT | Electrical Panel Upgrade | $4,500 | +$5,400 | 120% |
| CRIT | Full Re-Pipe | $9,000 | +$9,900 | 110% |
| CRIT | Full Roof Replacement | $11,400 | +$12,540 | 110% |
| CRIT | Professional Deep Clean | $550 | +$2,750 | 500% |
- • Strong forced equity potential (+$60,145)
- • Excellent reno ROI (169%)
- • Aging property (None) — renovation upside
- • Owner bought for $81,500 (329% ago) — motivated seller potential
- • Heavy negative cashflow ($-1,559/mo)
- • Has flip exit strategy if hold doesn't work
- • High-crime area (High Risk) — higher risk
SILVER TREE GROUP LLC Assessed: $139,461 · Market: $151,100 · Built: 1930 · Zoning: 3900 · Folio: 0141020820010 View Full Record →
2/20/2026 — $81,500 ✓ Qualified (from PORTOFINO PACIFIC GROUP CORP)
5/20/2020 — $100 (from CACHAGUA INVESTMENT GROUP LLC)
10/14/2019 — $122,000 ✓ Qualified (from LINCOLN PLAGE INC)
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