Michael Mazar | South Florida Realtor

6.30%

30-YR RATE

$574K

MEDIAN PRICE

6.2mo

INVENTORY

SPRING 2026

🧮 Mortgage Calculator

Home Price $574,000

Down Payment 20%

$114,800

Loan Term

Interest Rate

% per year

Monthly Payment (P&I)

—

Loan amount —

Total paid (30 yr) —

Total interest paid —

Mortgage Rate
6.30%
↓ Down from 6.83%

Buyer Leverage

High

6.2mo inventory

🏡 Home Value Estimator

Property Address Property Type

Square Footage Bedrooms

Bathrooms

Condition

Features

Pool Waterfront

Estimated Value Range

—

Modeled $/sqft —

Area model —

Est. days to sell —

This instant range is based on your address text and property details. A full CMA uses recent comps, upgrades, and block-level inventory.

Avg Days on Market
83
Price right = faster

Active Inventory

+33%

YoY — price smart

⚖️ Rent vs. Buy

Current Monthly Rent / Housing Budget How Long You'll Stay

Estimated Purchase Price At The Same Monthly Budget

$431,000

Based on a 30-year fixed residential loan plus taxes, insurance, maintenance, HOA, and PMI when needed.

Down Payment 20%

$86,200 at the matched purchase price

Interest Rate

% on a 30-yr fixed residential mortgage

Monthly HOA / Condo Fees

Tax 2.0%/yr Insurance 1.0%/yr Maintenance 0.75%/yr Buyer closing 2.5% Selling costs 8% Rent growth 3% Home growth 2.5%

Selected Horizon: 5 years

RENT — vs BUY —

Matched home price —

Upfront cash needed —

Monthly principal + interest —

Monthly taxes, insurance, PMI, HOA, maintenance —

Interest paid by then —

Principal paid by then —

Estimated selling costs —

Estimated net sale proceeds —

Total rent over 5 yrs —

Net buy cost if sold then —

—

Buy vs. Rent Over Time

—

Rent total paid Net buy cost if sold

Time Frame Breakdown

This estimate assumes a 30-year fixed owner-occupied mortgage. It includes principal, interest, property taxes, homeowners insurance, PMI when needed, maintenance reserves, buyer closing costs, and estimated selling costs. It does not estimate tax deductions or capital gains taxes.

Miami-Dade Avg Rent
$3,500
SFH asking price

Broward Avg Rent

$3,000

+6% YoY

📊 Cap Rate Calculator

Purchase Price ($) Monthly Rent ($)

Annual Property Tax ($)

Annual Insurance ($)

Monthly Maintenance ($) Vacancy Rate

Cap Rate

—

Net Operating Income —

Gross Yield —

Effective Gross Income —

5–7% is strong for South Florida

Cash Transactions
44.8%
Palm Beach County

Condo Inventory

13.2mo

Buyers negotiate

Buyer Reads

📰

Browse the Full Blog See every buyer, seller, renter, and investor article

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Contact Michael

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✉️

Email Michaelmazar.realtor@gmail.com

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FL License #SL3574383 · Michaelmazar.realtor@gmail.com