Apple's iPhone 12 is rumored to come in four different models, the smallest of which is a compact 5.4 inches. And this is the first peek at what Apple's mini-flagship phone could look like.

LetsGoDigital asked Jermaine Smit, also known as Concept Creator and a frequent collaborator, to render a 5.4-inch iPhone 12 design. A video of this stunning design, along with several images, can be seen below.

This rendering brings to reality all the iPhone 12 rumors we have been hearing. First, the OLED display has a smaller notch, which should allow the TrueDepth camera to enjoy features like Face ID without taking up so much space on the front of the device. This is because the speaker is rumored to be placed above the front camera in iPhone 12.

You will also notice that the aluminum body has flatter edges than the iPhone 11, making it more similar to the iPhone 5 than recent iPhones. We like this retro look, as it gives the iPhone 11 a more modern look. In addition, the less curved sides should make the iPhone 12 easier to use with one hand and less slippery.

This iPhone 12 video also shows some other design changes: the SIM tray has been moved from the right side to below the volume buttons on the left, and the buttons themselves are more square.

This rendering of the iPhone 12 shows two cameras on the back, presumably offering a wide-angle lens and an ultra-wide-angle lens. Underneath the screen will be a faster A14 Bionic chipset and rumored 4GB RAM.

With a 5.4-inch display, this iPhone will be the smallest iPhone Apple has produced since the iPhone 8. However, unlike the iPhone 8 and iPhone SE 2020 (which use the same body), the 5.4-inch iPhone 12 will have a full-screen display and may be smaller than the iPhone SE.

We are very interested in this smallest iPhone 12, not only for its size but also for its price. Previous rumors suggest that the starting price for the 5.4-inch model will be $649. This is $50 less than the starting price of the iPhone 11 and would be a welcome change from the general surge in flagship phones over the past few years. For example, Samsung's Galaxy S20 starts at $999.