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1017 S Euclid Rd Grandview, WA 98930

3 Beds 3 Baths 2,354 sqft Built 1979

$315,000

List Price

$1,580

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

December 14, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1979
  • Price/Sqft : $133.81
  • 7 Days on Market
  • MLS # : 20-2775
  • Updated Date : 12/16/2020 at 19:41
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,354 sqft
  • Baths : 2 full , 1 half
Listing Agent

Home Source Of Yakima

Listing Agent's Description

This Grandview Rambler sits on 2.86 acres in city limits. Awesome opportunity to acquire this 3 bed, 2 1/2 bath 2354 sq ft home. There is an additional room that could be used as a bedroom, office or family room.Seller will be reviewing all offers, if any, on Monday Dec 21st

SEE MORE

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
 

$283,500$346,500$315,000

PURCHASE PRICE

$1,422$1,738$1,580

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,580
EXPENSES Loan Payment -$1,162
Property Tax -$271
Property Insurance -$74
Property Management Fees -$109
CASH FLOW
-$36

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.

$315,000

PROJECTED PRICE

$1,580

PROJECTED RENT

0.50%

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$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$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$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$89,225

INVESTMENT

$89,225

Down Payment
$78,750
Rehab Estimate
$5,750
Closing Costs
$4,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,162

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $78,750
Loan Amount $236,250
See What Happens When You Reinvest Cash Flow

4.08

YEARS SAVED

$14,354

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,580

    LIST RENT
  • $0.67

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,580
1$1,580
$1,580
RENT COMPS ANALYSIS
  • 1017 S Euclid Rd Grandview, WA
    • 3 beds 3 baths ∙ 2,354 Sqft ∙ Built 1979 3 beds 3 baths ∙ 2,354 Sqft ∙ Built 1979
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,580
    • $0.67
    •  
PROPERTY LISTING DETAILS
Lars Hanson
1.509.952.7147
Home Source Of Yakima
BESbswy