Miami Deal Reality Check Calculator
Answer one simple question: "If I buy this Miami property with these assumptions… will it bleed cash or hold its own?" Run your numbers with realistic Miami market assumptions.
Basic Deal Info
$
Total price you expect to pay for the property.
$
Total rent when fully rented.
Monthly Cash Flow
$-3,028
Likely negative-cash-flow investment.
Cap Rate:0.80%
Cash-on-Cash Return:-18.54%
DSCR:0.13
Break-Even Occupancy:150.0%
Reality Check Flags:
- •DSCR under 1.0: Property income doesn't fully cover loan payments. High risk for lenders.
- •Cap rate under 3%: Very low unlevered return. More of an appreciation/lifestyle play.
- •Insurance is a large burden. Florida has among the highest home insurance costs in the U.S.
- •Break-even occupancy over 95%. Deal only works if property is almost never vacant.
In today's Miami market, many condo deals have thin or negative cash flow once you include realistic HOA and insurance costs. This doesn't mean the deal is bad, but it does mean you're relying more on long-term appreciation than steady income.
Disclaimer: This tool is for educational purposes only and uses simplified assumptions. It is not tax, legal, or financial advice. Actual results will vary. Always consult appropriate professionals before investing.