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1007 W Maclaren St Yakima, WA 98902

1 Beds 1 Baths 566 sqft Built 1940

$115,000

List Price

$616

$554.4 - $677.6

Rent Est.

PROPERTY INFO

January 30, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1940
  • Price/Sqft : $203.18
  • 2 Days on Market
  • MLS # : 21-193
  • Updated Date : 01/30/2021 at 16:38
CONSTRUCTION
  • Beds : 1
  • Floor Size : 566 sqft
  • Baths : 1 full
Listing Agent

Keller Williams Yakima Valley

Listing Agent's Description

There is so much potential here! One bedroom home, fenced yard, detached garage centrally located in Yakima. All it takes is some imagination and you'll have yourself a pretty sweet little place. Sold as is where is.

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PRICE & RENT TRENDS

Zip Code: 98902

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180kPrice in $74k189k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 98902

No Data Available.

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

SCHOOLS

NAME EDUCATIONAL LEVEL SCHOOL TYPE # OF STUDENTS # OF TEACHERS GREATSCHOOLS RATING
Mckinley Elementary School Primary Regular 447 29 1
Franklin Middle School Middle Regular 869 42 5
A.c. Davis High School High Regular 2,099 97 2

Mckinley Elementary School

  • Education Level: Primary
  • # of students: 447
  • # of teachers: 29
1
GreatSchools Rating

Franklin Middle School

  • Education Level: Middle
  • # of students: 869
  • # of teachers: 42
5
GreatSchools Rating

A.c. Davis High School

  • Education Level: High
  • # of students: 2,099
  • # of teachers: 97
2
GreatSchools Rating
 

$103,500$126,500$115,000

PURCHASE PRICE

$554$678$616

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $616
EXPENSES Loan Payment -$399
Property Tax -$90
Property Insurance -$38
Property Management Fees -$109
CASH FLOW
-$20

This is the estimated cash flow generated during a typical maintenance-free month. It is recommended that investors set aside 14% of earned rent to cover both maintenance and periods of vacancy.

$115,000

PROJECTED PRICE

$616

PROJECTED RENT

0.54%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 6.6%
Maintenance Year (1-5) 8.00%
Vacancy 6.00%
Length of Stay Years 2

PROJECTED ACCUMULATED WEALTH

30 YEAR PROJECTION

  • Cash Flow
  • Appreciation
  • Principal
11530$0.0$50k$100k$150k$200k$250k$300k$350k

PROJECTED ANNUAL CASH FLOW

11530-$1.0k$0.0$1.0k$2.0k$3.0k$4.0k$5.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$50k$100k$150k$200k$250k$300k$350k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$36,225

INVESTMENT

$36,225

Down Payment
$28,750
Rehab Estimate
$5,750
Closing Costs
$1,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$399

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $28,750
Loan Amount $86,250
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$4,667

INTEREST SAVED

CASH FLOW REINVESTMENT

The time & interest saved by applying each month's positive cash flow towards loan principal pay down.

  • $616

    LIST RENT
  • $1.09

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$616
1$616
$616
RENT COMPS ANALYSIS
  • 1007 W Maclaren St Yakima, WA
    • 1 beds 1 baths ∙ 566 Sqft ∙ Built 1940 1 beds 1 baths ∙ 566 Sqft ∙ Built 1940
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $616
    • $1.09
    •  
PROPERTY LISTING DETAILS
Amy Maib
1.509.406.2128
Keller Williams Yakima Valley
BESbswy