Active · Triplex
$1,200,000
10128 W Fern St, Miami, FL 33157
- Beds
- —
- Baths
- 0
- Living area
- 3,255 sq ft
- $ / sq ft
- $369/sq ft
- Year built
- 2024
- Lot size
- —
- HOA fee
- —
- Annual tax
- $9,800
About this property
Excellent investment opportunity! This income-producing triplex sits on a 7,050 sq. ft. lot and features three units. Two attached units each offer 3 bedrooms and 2 bathrooms, while the detached unit features 2 bedrooms and 1 bathroom. Two of the units are currently tenant-occupied through the Section 8 program, providing immediate rental income from day one. Ideal for investors looking to expand their portfolio or for an owner-occupant who wants to live in one unit while generating rental income from the others. A property with strong income potential and long-term value.
Interior & exterior features
Cooling
- Central Air
Heating
- Central
Pool
- None
Flooring
- Ceramic Tile
roof
- Other
construction
- Block
Investment intelligence
Yield & ROI calculator
Pre-filled from this listing's price, HOA and tax record. Adjust anything to see returns update instantly.
Estimated monthly cash flow
$1,038
- Cap rate
- 6.7%
- Net yield
- 6.7%
- Cash-on-cash return
- 3.7%
- Gross yield
- 9.2%
- Mortgage payment
- $5,689/mo
- Down payment
- $300,000
- Loan amount
- $900,000
- Annual NOI
- $80,717
Estimates only — includes 5% maintenance reserve and ~3% closing costs in cash invested. Verify taxes, HOA and insurance before making an offer.