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1009 Ida Belle St Sunnyside, WA 98944

5 Beds 1 Baths 2,473 sqft Built 1950

$249,000

List Price

$1,373

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

November 20, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1950
  • Price/Sqft : $100.69
  • 3 Days on Market
  • MLS # : 20-2633
  • Updated Date : 11/19/2020 at 19:05
CONSTRUCTION
  • Beds : 5
  • Floor Size : 2,473 sqft
  • Baths : 1 full
Listing Agent

Chapman Lampson

Listing Agent's Description

1 acre with a 5 bedroom home that is ready for your family and some TLC. Schedule your showing today!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 98944

ZipNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170kPrice in $66k171k

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

Zip Code: 98944

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
Pioneer Elementary School Primary Regular 736 50 2
Harrison Middle School Middle Regular 780 40 3

Pioneer Elementary School

  • Education Level: Primary
  • # of students: 736
  • # of teachers: 50
2
GreatSchools Rating

Harrison Middle School

  • Education Level: Middle
  • # of students: 780
  • # of teachers: 40
3
GreatSchools Rating
 

$224,100$273,900$249,000

PURCHASE PRICE

$1,236$1,510$1,373

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,373
EXPENSES Loan Payment -$919
Property Tax -$171
Property Insurance -$76
Property Management Fees -$109
CASH FLOW
$98

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.

$249,000

PROJECTED PRICE

$1,373

PROJECTED RENT

0.55%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 7.5%
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$200k$400k$600k$800k

PROJECTED ANNUAL CASH FLOW

11530$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$71,735

INVESTMENT

$71,735

Down Payment
$62,250
Rehab Estimate
$5,750
Closing Costs
$3,735

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 40% down payment or higher enables the proceeds from the asset to cover all costs.

$919

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $62,250
Loan Amount $186,750
See What Happens When You Reinvest Cash Flow

7

YEARS SAVED

$24,534

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,373

    LIST RENT
  • $0.56

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,373
1$1,373
$1,373
RENT COMPS ANALYSIS
  • 1009 Ida Belle St Sunnyside, WA
    • 5 beds 1 baths ∙ 2,473 Sqft ∙ Built 1950 5 beds 1 baths ∙ 2,473 Sqft ∙ Built 1950
    • Rent
    • Rent Per SQFT
    •  
    • $1,373
    • $0.56
    •  
PROPERTY LISTING DETAILS
Maria Ivone Osorio
1.509.840.4539
Chapman Lampson
BESbswy