Zip Code 33031Miami, FL

🔴POORnegative cash flow likely

Cap Rate

1.1%

Monthly Cash Flow

-$3,994

Median Home Price

$907,840

DSCR

0.17

🏠 Fair Market Rents

Studio
$1,440/mo
1 Bedroom
$1,610/mo
2 Bedroom
$1,980/mo
3 Bedroom
$2,590/mo
4 Bedroom
$3,060/mo

📊 Investment Metrics

Cap Rate
1.1%
Cash-on-Cash Return
-22.9%
Price-to-Rent Ratio
29.2
1% Rule
0.29%
Gross Rent Multiplier
29.2
Vacancy Rate
8.0%

📋 Assumptions Used

20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax

Customize these numbers in the calculator →