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PROPERTY INFO
FACTS
- Single Family
- Built In 1920
- Price/Sqft : $188.12
- 7 Days on Market
- MLS # : 20-2540
- Updated Date : 11/10/2020 at 12:38
CONSTRUCTION
- Beds : 3
- Floor Size : 1,010 sqft
- Baths : 1 full
Listing Agent
Keller Williams Yakima Valley
Listing Agent's Description
Well kept 3 bedroom home ready for new owners. Great first home or investment opportunity. New septic system (2000 gallon tank) and pump, new roof, new paint both exterior and interior. Current tenant on a month to month lease. All appliances stay. The storage shed is in good shape and has it's own electrical panel. This is zoned general commercial.
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PRICE & RENT TRENDS
Zip Code: 98902
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 98902
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,069 |
| EXPENSES | Loan Payment | -$701 |
| Property Tax | -$148 | |
| Property Insurance | -$47 | |
| Property Management Fees | -$109 | |
|
CASH FLOW
$64
|
||
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.
$190,000
PROJECTED PRICE
$1,069
PROJECTED RENT
0.56%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.50% |
| Appreciation Year (1-5) | 6.6% |
| 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
$56,100
LOAN DETAILS
$701
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $47,500 |
| Loan Amount | $142,500 |
6.67
YEARS SAVED
$17,658
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,069
LIST RENT -
$1.06
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
2015 Willow St Yakima, WA
- 3 beds 1 baths ∙ 1,010 Sqft ∙ Built 1920 3 beds 1 baths ∙ 1,010 Sqft ∙ Built 1920
![property image]()
- Rent
- Rent Per SQFT
- $1,069
- $1.06
PROPERTY LISTING DETAILS
1.509.952.8341
Keller Williams Yakima Valley
