Quick Filter:
1 of 1 properties · ✕ Clear filters · Search: “14873 SW 104th St Unit 6-203” — 1 result(s)
1 F
Grade
$290,000💡 🏦 DSCR 25%dn: $-1,332/mo
F
$290,000
14873 SW 104th St Unit 6-203, Miami
FL
F
28
Cashflow
$-1,821/mo
CoC ROI
-88.0%
Rent Est
$1,629/mo
HUD FMR · GRM 14.8
Cap Rate
0.7%
💡 OPPORTUNITY — alternative strategies
🤝 Seller Finance: $-1,439/mo🏦 DSCR 25%dn: $-1,332/mo
🏘
F
28
$290,000
$-1,821
Cash Flow
-88.0%
CoC ROI
0.7%
Cap Rate
$24,832
Cash In
Property Breakdowns
F
28
14873 SW 104th St Unit 6-203 Single
Miami, FL 33196 · 2bd/2.0ba · 770sf · Built 1982
$290,000
Asking Price
Asking Price
—
3.5% down, great for first-time buyers
Down Payment: $10,150
Loan Amount: $284,747
Fees / MIP: $4,897
Closing Costs: $8,700
Reserves (3mo): $5,982
Total Cash Needed: $24,832
Monthly Expenses
Mortgage P&I+MIP: $1,994.09
Property Tax: $471.25
Insurance: $150.00
HOA: $285.00
Maint + CapEx: $338.34
Vacancy + Mgmt: $211.79
Total: $3,450.46/mo
Returns
Market Rent (all units): $1,629
Your Rental Income: $1,629
Cashflow: $-1,821/mo
Annual: $-21,856/yr
Cash-on-Cash ROI: -88.0%
Cap Rate: 0.7% · DSCR: 0.09x
💡
CREATIVE FINANCING — HOW TO MAKE THIS DEAL WORK
This property shows $-1,821/mo negative cashflow with standard financing. Here are approaches that could turn it positive:
🤝 Seller Financing
Negotiate 10% down at 5.0% with the seller. Projected cashflow: $-1,228/mo (vs $-1,821/mo conventional).
💰 DSCR Loan (25% Down)
Higher down payment, lower rate (6.5%). Projected cashflow: $-1,202/mo — saves $619/mo.
✈️
AIRBNB / SHORT-TERM RENTAL ANALYSIS
LEGAL
Confidence: 70%
AVG NIGHTLY
$170
OCCUPANCY
57%
GROSS / MO
$2,907
STR CASHFLOW
$-2,181/mo
STR vs LTR
-65%
BREAKEVEN OCC
92%
STR EXPENSES BREAKDOWN
Platform fees: $87
Cleaning: $462
Management (20%): $581
Utilities: $350
Taxes (12%): $349
Other: $278
Cleaning: $462
Management (20%): $581
Utilities: $350
Taxes (12%): $349
Other: $278
FURNITURE SETUP
Furniture: $6,100
Appliances: $800
Kitchen + Linens: $900
Electronics: $600
Decor + Supplies: $700
Total Setup: $9,400
Appliances: $800
Kitchen + Linens: $900
Electronics: $600
Decor + Supplies: $700
Total Setup: $9,400
🛡
LTR is safer bet
LTR: $-1,821/mo · STR: $-2,181/mo · CoC ROI: -92.7%
⚠ Allowed in most zones. Must register with DBPR. Brickell condos — check building docs.
🏠 RENTAL COMPS
AVG MARKET RENT
$1,629/mo
RANGE
$1,629 – $1,629
CONFIDENCE
LOW
N/A
Our estimate
$1,629/mo ✅ Inline with market
No comparable rentals found in 33196
📍 NEIGHBORHOOD SCORE 🔒 Pro
▶🤖 SpillAI ANALYSIS 🔒 Pro
TOP UPGRADES BY ROI
📷 Upload photos for AI analysis
| 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 | Professional Deep Clean | $550 | +$2,750 | 500% |
| CRIT | Full Interior Paint | $2,118 | +$6,352 | 300% |
🔨
FIX & FLIP
High Confidence
- • Strong forced equity potential (+$51,264)
- • Excellent reno ROI (175%)
- • Older build (1982) — high value-add potential
- • Negative cashflow ($-1,821/mo) — poor rental hold
❌
IS IT WORTH IT?
NO — Walk Away
- • Heavy negative cashflow ($-1,821/mo)
- • Low barrier to entry ($24,832 cash needed)
- • Has flip exit strategy if hold doesn't work
🛡
NEIGHBORHOOD SAFETY
6/10
Safe
Average to below-average crime, generally safe area
28
AI Deal Score
28/100
🔴 Weak
🏠 OWNER / LANDLORD
Owner Not Yet Found County records searched automatically — open for manual lookup:
🔍 Search Miami Dade County Property Appraiser →
Owner Not Yet Found County records searched automatically — open for manual lookup:
🔍 Search Miami Dade County Property Appraiser →
📈 10-YEAR EQUITY PROJECTION
▶🔨 FIX & FLIP ANALYSIS
▶SpillDeals v5 · Estimates only — verify before making offers