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PROPERTY INFO
FACTS
- Single Family
- Built In 1970
- Price/Sqft : $201.69
- 4 Days on Market
- MLS # : 20-2823
- Updated Date : 12/23/2020 at 19:41
CONSTRUCTION
- Beds : 4
- Floor Size : 1,537 sqft
- Baths : 2 full
Listing Agent
Compass Washington, Llc
Listing Agent's Description
Beautifully maintained West Valley Home near the Orchards Shopping Center. This 4BR 2BA home has both living and family rooms on a corner lot. Home has been updated with newer carpeting, paint and new windows were installed spring of 2020. The HVAC unit has also been updated recently.
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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 | $1,639 |
| EXPENSES | Loan Payment | -$1,144 |
| Property Tax | -$238 | |
| Property Insurance | -$58 | |
| Property Management Fees | -$109 | |
|
CASH FLOW
$90
|
||
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.
$310,000
PROJECTED PRICE
$1,639
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
$87,900
LOAN DETAILS
$1,144
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $77,500 |
| Loan Amount | $232,500 |
6.25
YEARS SAVED
$26,387
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,639
LIST RENT -
$1.07
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
225 S 66th Ave Yakima, WA
- 4 beds 2 baths ∙ 1,537 Sqft ∙ Built 1970 4 beds 2 baths ∙ 1,537 Sqft ∙ Built 1970
![property image]()
- Rent
- Rent Per SQFT
- $1,639
- $1.07
PROPERTY LISTING DETAILS
1.509.952.4172
Compass Washington, Llc
