Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime
Copied
Photo
Copied
Photo
Photo
Photo
Photo
See all photos

$745,000

For Sale - Active
14584 SW 115th St, Miami, FL 33186
3 Beds
3 Baths
1,517 Square Feet
0.11 Acres Lot
Built in 1997
For Sale - Active
Units n/a
Checked: 1 day ago
Updated: Jun 17, 2025 at 03:15AM

Investment Summary


Monthly Cash Flow
-$984
Cap Rate
4.6%
Cash-on-Cash Return
-6.9%
Debt Coverage Ratio
0.74
Internal Rate of Return (5 years)
-2.7%

Property Description


0.11 Acres Lot
Built in 1997
For Sale - Active
Units n/a

Discover your dream home in the West Kendall area of Miami. This beautifully renovated residence features 3 bedrooms and 2.5 baths, showcasing an array of luxurious finishes, including porcelain tiles that lend sophistication to all living spaces. Enjoy peace of mind with new impact windows and doors, providing safety and energy efficiency. Each window is elegantly adorned with stylish roller blinds. In the charming backyard, lush mango trees provide shade, beauty, and fresh fruit. A notable advantage is that there is NO HOA. Conveniently located, this home is just minutes from the Turnpike and 874 highways. This turnkey property is easy to show and ready for you to explore. Don’t miss the chance to make it your own - schedule your appointment today and embrace a lifestyle of comfort!

Build Your Team


Quickly find investor-friendly professionals who can help you succeed in real estate investing at any stage of the investing journey.

Agents

Match with investor-friendly agents who can help you find, analyze, and close your next deal

Find an Agent

Lenders

Get the best funding…find investor-friendly lenders who specialize in your deal strategy

Find a Lender

Property Managers

Transition to passive investing. Find a trusted property management partnership that lasts.

Find a Property Manager

Tax Pros & Accountants

Taxes and financial reporting made easy—find experts to create tax savings strategies, file taxes, and more

Find a Tax Pro

Location


Property Details


Parking

  • Description: Driveway, PaverBlock
  • Details: Driveway, Paver Block
  • Garage Spaces: 0
  • Spaces Total: 0

Bedroom Information

  • # of Bedrooms: 3

Bathroom Information

  • # of Baths (Full): 2
  • # of Baths (Partial): 1
  • # of Baths (Total): 3.0

Interior Features

  • # of Rooms: 8
  • # of Stories: 1

Exterior Features

  • Roof Material: Barrel, Spanish Tile

Land Information

  • Land Use: Residential
  • Land Use Subtype: Single Family Residential

Lot Information

  • Parcel ID: 3059100380370
  • Lot Size: 4968 sqft

Property Information

  • Property Type: Single Family Residence
  • Style: Detached, OneStory
  • Year Built: 1997

Tax Information

  • Annual Tax: $7,412

Utilities

  • Water & Sewer: Public
  • Heating: Central
  • Cooling: Central Air

Location

  • County: Miami Dade

Listing Details


Listed by:
Alejandro Vizcaino
BHHS EWM Realty
(786) 391-7963

Source:
MIAMI REALTORS MLS
MLS#: A11698596
MIAMI REALTORS MLS

Investment Summary


Monthly Cash Flow
-$984
Cap Rate
4.6%
Cash-on-Cash Return
-6.9%
Debt Coverage Ratio
0.74
Internal Rate of Return (5 years)
-2.7%

Purchase Details

Find an Agent

Purchase price:
$745,000
Amount financed:
-$596,000
Down payment:
$149,000
Closing costs:
$22,350
Rehab costs:
$0
Initial cash invested:
$171,350
Square feet:
1,517
Cost per square foot:
$491
Monthly rent per square foot:
$3.30

Financing Details

Find a Lender

Loan amount:
$596,000
Loan to value ratio:
80.0%
Loan type:
Amortizing
Term:
30 years
Interest rate:
6.625%
Principal & interest:
$3,816
Property tax:
$618
Insurance:
$350
Private mortgage insurance (PMI):
$0
Monthly payment:
$4,784

Operating Income

Find a Property Manager

% Rent Monthly Yearly
Gross rent:
$5,000 $60,000
Vacancy loss: (6%)
6% -$300 -$3,600
Operating income:
$4,700 $56,400

Operating Expenses


% Rent Monthly Yearly
Property taxes: (12%)
12%-$618-$7,412
Insurance: (7%)
7%-$350-$4,200
Property management: (8%)
8%-$400-$4,800
Repairs & maintenance: (5%)
5%-$250-$3,000
Capital expenditures: (5%)
5%-$250-$3,000
HOA fees: (n/a)
n/an/an/a
Total operating expenses: (37%)
37%-$1,868-$22,412

Cash Flow


Monthly Yearly
Net operating income:
$2,832 $33,984
Mortgage payments:
-$3,816 -$45,792
Cash flow:
$984 $11,808