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116 S Zeus St Moxee, WA 98936

3 Beds 2 Baths 1,368 sqft Built 2011

$285,000

List Price

$1,464

$1.3K - $1.6K

Rent Est.

PROPERTY INFO

January 20, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2011
  • Price/Sqft : $208.33
  • 5 Days on Market
  • MLS # : 21-137
  • Updated Date : 01/20/2021 at 23:40
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,368 sqft
  • Baths : 2 full
Listing Agent

Heritage Moultray Real Estate Serv

Listing Agent's Description

Come see this pleasant home in the desirable Moxee neighborhood. The 3 bedrooms, 2 bath home offers a great one level floor plan that flows throughout. The condition of this home paired with the newly updated life proof flooring radiates the feeling of a newer residence. Inside the main bedroom there is a full bath and walk-in closet to easily make decisions for your daily attire. Inside the kitchen and dining area is an open concept with a pantry to add to the cabinet space. When exiting to the backyard you will find a great entertainment space for everyone, highlighted by but not limited to an extended patio and comforting pergola. Additionally, in the backyard there is a playground area, garden, and green space for everyone to enjoy.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 98936

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $78k214k

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

Zip Code: 98936

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
East Valley High School High Regular 852 45 6

East Valley High School

  • Education Level: High
  • # of students: 852
  • # of teachers: 45
6
GreatSchools Rating
 

$256,500$313,500$285,000

PURCHASE PRICE

$1,318$1,610$1,464

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,464
EXPENSES Loan Payment -$990
Property Tax -$310
Property Insurance -$54
Property Management Fees -$109
CASH FLOW
$1

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.

$285,000

PROJECTED PRICE

$1,464

PROJECTED RENT

0.51%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 4.1%
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$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$81,275

INVESTMENT

$81,275

Down Payment
$71,250
Rehab Estimate
$5,750
Closing Costs
$4,275

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$990

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $71,250
Loan Amount $213,750
See What Happens When You Reinvest Cash Flow

4.42

YEARS SAVED

$12,487

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,464

    LIST RENT
  • $1.07

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,464
1$1,464
$1,464
RENT COMPS ANALYSIS
  • 116 S Zeus St Yakima, WA
    • 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2011 3 beds 2 baths ∙ 1,368 Sqft ∙ Built 2011
    • Rent
    • Rent Per SQFT
    •  
    • $1,464
    • $1.07
    •  
PROPERTY LISTING DETAILS
Drew Harris
1.509.901.1948
Heritage Moultray Real Estate Serv
BESbswy