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PROPERTY INFO
FACTS
- Built In 1962
- Price/Sqft : $163.03
- 2 Days on Market
- MLS # : 20-2471
- Updated Date : 11/02/2020 at 12:25
CONSTRUCTION
- Beds : 3
- Floor Size : 1,466 sqft
- Baths : 1 full , 1 half
Listing Agent
Windermere Real Estate
Listing Agent's Description
Location location! Large living room with a fireplace. Hardwood floors in the living room, hall and bedrooms have just been refinished. Interior has been freshly painted. New water heater. Kitchen has oak cabinets. Large main bath needs a little TLC. There's a laundry room and half bath off the step down family room. Off the family room is a converted garage with pull down steps for storage that was used for a work shop. Large covered patio in the back. Lots of parking.
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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 | $1,263 |
| EXPENSES | Loan Payment | -$882 |
| Property Tax | -$184 | |
| Property Insurance | -$56 | |
| Property Management Fees | -$109 | |
|
CASH FLOW
$32
|
||
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.
$239,000
PROJECTED PRICE
$1,263
PROJECTED RENT
0.53%
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
$69,085
LOAN DETAILS
$882
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $59,750 |
| Loan Amount | $179,250 |
5.58
YEARS SAVED
$17,486
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,263
LIST RENT -
$0.86
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
206 S 64th Ave Yakima, WA
- 3 beds 2 baths ∙ 1,466 Sqft ∙ Built 1962 3 beds 2 baths ∙ 1,466 Sqft ∙ Built 1962
- Rent
- Rent Per SQFT
- $1,263
- $0.86
PROPERTY LISTING DETAILS
1.509.945.4007
Windermere Real Estate
