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PROPERTY INFO
FACTS
- Single Family
- Built In 1996
- Price/Sqft : $205.97
- 2 Days on Market
- MLS # : 21-59
- Updated Date : 01/09/2021 at 17:43
CONSTRUCTION
- Beds : 3
- Floor Size : 2,112 sqft
- Baths : 2 full
Listing Agent
Fathom Realty Wa, Llc
Listing Agent's Description
This home is GORGEOUS. Come explore this immaculate single level, West Valley home located in the highly desirable neighborhood of Kimberly Estates. Walk in to see rich bamboo flooring and naturally immerse yourself in your own fresh and airy space with over 80k worth of updates and improvements. This includes a brand new roof, A/C, granite countertops, and interior paint throughout that was done in 2020, bamboo flooring and furnace is 2yrs old. You will find this rare layout to accommodate all your living needs. Property is located on a corner lot and is lower maintenance with full underground sprinklers. Backyard is private and fully fenced with a drive through gate off Chestnut that would accommodate RV parking, boat or trailer. There is plenty of room to make it your own.
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PRICE & RENT TRENDS
Zip Code: 98908
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 98908
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,788 |
| EXPENSES | Loan Payment | -$1,511 |
| Property Tax | -$335 | |
| Property Insurance | -$69 | |
| Property Management Fees | -$109 | |
|
CASH FLOW
-$236
|
||
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.
$435,000
PROJECTED PRICE
$1,788
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$121,025
LOAN DETAILS
$1,511
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $108,750 |
| Loan Amount | $326,250 |
1.83
YEARS SAVED
$5,341
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,788
LIST RENT -
$0.85
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
201 S 70th Ave Yakima, WA
- 3 beds 2 baths ∙ 2,112 Sqft ∙ Built 1996 3 beds 2 baths ∙ 2,112 Sqft ∙ Built 1996
- Rent
- Rent Per SQFT
- $1,788
- $0.85
PROPERTY LISTING DETAILS
1.509.945.7900
Fathom Realty Wa, Llc
