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PASS

This deal doesn't meet the owner's criteria.

AI Score

28

Property Details

1300 NE 110th St, Miami, FL 33161

Analyzed May 30, 2026

Asking Price

$4.90M

Cap Rate

3.42%

NOI

$108K

Units

14

Property Name1300 NE 110th St
Address1300 NE 110th St, Miami, FL 33161
Asking Price$4.90M
Price / Unit$350K
Units14
Year Built1960
Gross Income$338K
Net Operating Income$108K
Cap Rate3.42%
Occupancy Rate100.0%
Building Area12,468 sqft

AI Deal Coach

This deal fails on two critical underwriting criteria simultaneously: the cap rate of 3.42% falls well below the investor's 5.0% minimum cash-on-cash requirement and 4.0% minimum cap rate threshold. At $350,000/unit and $4.9M asking price, the debt service on an 80% LTV loan ($3.92M at 6.5% over 30 years) would generate approximately $24,800/month ($297,600/year), which would produce deeply negative cash flow given NOI of only $107,982 — a cash-on-cash return of approximately -49% before accounting for other debt obligations.

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