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201 S 70th Ave Yakima, WA 98908

3 Beds 2 Baths 2,112 sqft Built 1996

$435,000

List Price

$1,788

$1.6K - $2K

Rent Est.

PROPERTY INFO

January 09, 2021 RECENTLY ADDED
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.

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
Summitview Elementary School Primary Regular 317 20 6
West Valley Middle School Middle Regular 813 38 6
West Valley High School High Regular 1,040 44 6

Summitview Elementary School

  • Education Level: Primary
  • # of students: 317
  • # of teachers: 20
6
GreatSchools Rating

West Valley Middle School

  • Education Level: Middle
  • # of students: 813
  • # of teachers: 38
6
GreatSchools Rating

West Valley High School

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

$391,500$478,500$435,000

PURCHASE PRICE

$1,609$1,967$1,788

RENT

DOWN PAYMENT
FINANCING

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

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$200k$400k$600k$800k$1.0M$1.2M

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$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$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$121,025

INVESTMENT

$121,025

Down Payment
$108,750
Rehab Estimate
$5,750
Closing Costs
$6,525

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,511

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $108,750
Loan Amount $326,250
See What Happens When You Reinvest Cash Flow

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
$1,788
1$1,788
$1,788
RENT COMPS ANALYSIS
  • 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
Lia Jennings
1.509.945.7900
Fathom Realty Wa, Llc
BESbswy