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1011 Coach Ct Grandview, WA 98930

4 Beds 2 Baths 2,138 sqft Built 1975

$299,000

List Price

$1,330

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

December 15, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1975
  • Price/Sqft : $139.85
  • 6 Days on Market
  • MLS # : 20-2776
  • Updated Date : 12/18/2020 at 20:23
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,138 sqft
  • Baths : 2 full
Listing Agent

Windermere Real Estate

Listing Agent's Description

3 bedroom 1 bath updated main home. New paint, carpet, and bathroom fixtures. All new kitchen appliances, new lighting, 5 ceiling fans, all new interior and exterior doors and house painted inside and out! 1 bedroom 1 bathroom 770 square foot casita! Lots of possibilities for this space! Approximately 450 square foot unfinished basement/fruit room (not included in total sq ft). Large patio with view deck perfect for BBQ's. All on a very large city lot (.39 acre) with RV parking and hookup! Walking distance to Dykstra Park.

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PRICE & RENT TRENDS

Zip Code: 98930

ZipNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170kPrice in $69k171k

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

Zip Code: 98930

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
Grandview High School High Regular 836 35 1

Grandview High School

  • Education Level: High
  • # of students: 836
  • # of teachers: 35
1
GreatSchools Rating
 

$269,100$328,900$299,000

PURCHASE PRICE

$1,197$1,463$1,330

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,330
EXPENSES Loan Payment -$1,103
Property Tax -$257
Property Insurance -$70
Property Management Fees -$109
CASH FLOW
-$209

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.

$299,000

PROJECTED PRICE

$1,330

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 10.3%
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$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$84,985

INVESTMENT

$84,985

Down Payment
$74,750
Rehab Estimate
$5,750
Closing Costs
$4,485

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,103

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $74,750
Loan Amount $224,250
See What Happens When You Reinvest Cash Flow

1.67

YEARS SAVED

$3,628

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,330

    LIST RENT
  • $0.62

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,330
1$1,330
$1,330
RENT COMPS ANALYSIS
  • 1011 Coach Ct Grandview, WA
    • 4 beds 2 baths ∙ 2,138 Sqft ∙ Built 1975 4 beds 2 baths ∙ 2,138 Sqft ∙ Built 1975
    • Rent
    • Rent Per SQFT
    •  
    • $1,330
    • $0.62
    •  
PROPERTY LISTING DETAILS
Tom Trepanier
1.509.949.6655
Windermere Real Estate
BESbswy