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14025 Wide Hollow Rd Yakima, WA 98908

3 Beds 2 Baths 1,456 sqft Built 1987

$289,000

List Price

$1,279

$1.2K - $1.4K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 18, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $198.49
  • 4 Days on Market
  • MLS # : 21-562
  • Updated Date : 03/19/2021 at 07:18
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,456 sqft
  • Baths : 2 full
Listing Agent

Keller Williams Yakima Valley

Listing Agent's Description

Private setting for this 3 bedroom 2 bath home located in West Valley. Home sits on just over 4 acres with 2 separate fenced areas perfect for all your animals. Mature trees line the perimeter and the creek area. Includes a loafing shed and small shop with concrete floors. Plenty of extra parking for all your vehicles and RV's. Come enjoy the outdoors with all this property has to offer!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 98908

ZipNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240kPrice in $78k241k

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

Zip Code: 98908

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
Mountainview Elementary School Primary Regular 198 15 7
West Valley Junior High School Middle Regular 843 38 NA
West Valley High School High Regular 1,040 44 6

Mountainview Elementary School

  • Education Level: Primary
  • # of students: 198
  • # of teachers: 15
7
GreatSchools Rating

West Valley Junior High School

  • Education Level: Middle
  • # of students: 843
  • # of teachers: 38
NA
GreatSchools Rating

West Valley High School

  • Education Level: High
  • # of students: 1,040
  • # of teachers: 44
6
GreatSchools Rating
 

$260,100$317,900$289,000

PURCHASE PRICE

$1,151$1,407$1,279

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,279
EXPENSES Loan Payment -$1,004
Property Tax -$221
Property Insurance -$56
Property Management Fees -$109
CASH FLOW
-$111

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.

$289,000

PROJECTED PRICE

$1,279

PROJECTED RENT

0.44%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 6.2%
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$900k

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$100k$200k$300k$400k$500k$600k$700k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$82,335

INVESTMENT

$82,335

Down Payment
$72,250
Rehab Estimate
$5,750
Closing Costs
$4,335

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,004

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $72,250
Loan Amount $216,750
See What Happens When You Reinvest Cash Flow

3.08

YEARS SAVED

$7,024

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,279

    LIST RENT
  • $0.88

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,279
1$1,279
$1,279
RENT COMPS ANALYSIS
  • 14025 Wide Hollow Rd Yakima, WA
    • 3 beds 2 baths ∙ 1,456 Sqft ∙ Built 1987 3 beds 2 baths ∙ 1,456 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $1,279
    • $0.88
    •  
PROPERTY LISTING DETAILS
Joanne Melton
1.509.930.5998
Keller Williams Yakima Valley
1.866.250.5610
Yakima Associal of Realtors ( YAR)
MLS #: 21-562
Last Updated: 03/19/2021
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