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207 S 80th Ave Yakima, WA 98908

3 Beds 3 Baths 2,012 sqft Built 1984

$399,900

List Price

$1,816

$1.6K - $2K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1984
  • Price/Sqft : $198.76
  • 3 Days on Market
  • MLS # : 21-506
  • Updated Date : 03/12/2021 at 03:30
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,012 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Yakima Valley

Listing Agent's Description

Quiet West Valley setting. Mt. Adams view. Well loved and thoughtfully updated tri-level home. Main level has a sunken living room, large dining space, breakfast bar, pantry and cathedral ceiling. Lower level offers a family room with woodstove, full bath and laundry. All three bedrooms are upstairs - the primary BR has double closets, large bath and view deck. Fenced backyard with deck and paver patio. Storage shed plus carport space. Shown by appointment only.

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
Apple Valley Elementary School Primary Regular 338 22 9
West Valley Junior High School Middle Regular 843 38 NA
West Valley High School High Regular 1,040 44 6

Apple Valley Elementary School

  • Education Level: Primary
  • # of students: 338
  • # of teachers: 22
9
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
 

$359,910$439,890$399,900

PURCHASE PRICE

$1,634$1,998$1,816

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,816
EXPENSES Loan Payment -$1,389
Property Tax -$308
Property Insurance -$67
Property Management Fees -$109
CASH FLOW
-$57

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.

$399,900

PROJECTED PRICE

$1,816

PROJECTED RENT

0.45%

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-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k$14k

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$111,724

INVESTMENT

$111,724

Down Payment
$99,975
Rehab Estimate
$5,750
Closing Costs
$5,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 50% down payment or higher enables the proceeds from the asset to cover all costs.

$1,389

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $99,975
Loan Amount $299,925
See What Happens When You Reinvest Cash Flow

3.67

YEARS SAVED

$13,444

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,816

    LIST RENT
  • $0.9

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,816
1$1,816
$1,816
RENT COMPS ANALYSIS
  • 207 S 80th Ave Yakima, WA
    • 3 beds 3 baths ∙ 2,012 Sqft ∙ Built 1984 3 beds 3 baths ∙ 2,012 Sqft ∙ Built 1984
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,816
    • $0.90
    •  
PROPERTY LISTING DETAILS
Ryan Beckett
1.509.945.1022
Keller Williams Yakima Valley
1.866.250.5610
Yakima Associal of Realtors ( YAR)
MLS #: 21-506
Last Updated: 03/12/2021
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