1340 W 36th St

Castle Estates, Miami, FL · View on Zillow

1340 W 36th St

$625K somewhere else buys…

4 bedrooms · 2 baths · 1,680 sqft · 8,400 sqft lot

Built 1965 · Open Parking · Pool · $372/sqft (city median $425)

ONE STORY. FURNITURE INCLUDED. 3 YEAR OLD ROOF, SHUTTERS 5 YEARS OLD, CLOSE TO SHOPS AND MAJOR ROADWAYS.

What this place offers

  • Private pool
  • Cooling: Central Air
  • Open Parking
  • Top school rating 7/10 nearby

The numbers

$12K/yr

Property tax (actual rate)

$2K/yr

Insurance (quoted)

$625,000

Down payment20% · $125,000
%
Mortgage (principal + interest)$3,128
Property tax$958
Home insurance$188
All-in monthly$4,273/mo

You'd need about $183,144/yr in household income (28% rule) plus $125,000 in cash.

Would rent for ~$3,206/mo · 6.2% gross yield

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