Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

2691 Sheller Rd Sunnyside, WA 98944

3 Beds 1 Baths 821 sqft Built 1950

$204,900

List Price

$843

$758.7 - $927.3

Rent Est.

PROPERTY INFO

February 05, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1950
  • Price/Sqft : $249.57
  • 3 Days on Market
  • MLS # : 21-224
  • Updated Date : 02/05/2021 at 19:08
CONSTRUCTION
  • Beds : 3
  • Floor Size : 821 sqft
  • Baths : 1 full
Listing Agent

Dk Bain Real Estate, Inc.

Listing Agent's Description

COUNTRY SETTING. GREAT STARTER HOME WITH STORAGE SHED, FENCED YARD, LOTS OF ROOM FOR GARDEN AND PARKING.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 98944

ZipNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170kPrice in $66k171k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 98944

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
Chief Kamiakin Elementary School Primary Regular 782 51 1
Sierra Vista Middle School Middle Regular 696 34 1

Chief Kamiakin Elementary School

  • Education Level: Primary
  • # of students: 782
  • # of teachers: 51
1
GreatSchools Rating

Sierra Vista Middle School

  • Education Level: Middle
  • # of students: 696
  • # of teachers: 34
1
GreatSchools Rating
 

$184,410$225,390$204,900

PURCHASE PRICE

$759$927$843

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $843
EXPENSES Loan Payment -$712
Property Tax -$140
Property Insurance -$44
Property Management Fees -$109
CASH FLOW
-$161

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.

$204,900

PROJECTED PRICE

$843

PROJECTED RENT

0.41%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 7.5%
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$100k$200k$300k$400k$500k$600k

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$60,049

INVESTMENT

$60,049

Down Payment
$51,225
Rehab Estimate
$5,750
Closing Costs
$3,074

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$712

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $51,225
Loan Amount $153,675
See What Happens When You Reinvest Cash Flow

1.58

YEARS SAVED

$1,830

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $843

    LIST RENT
  • $1.03

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$843
1$843
$843
RENT COMPS ANALYSIS
  • 2691 Sheller Rd Sunnyside, WA
    • 3 beds 1 baths ∙ 821 Sqft ∙ Built 1950 3 beds 1 baths ∙ 821 Sqft ∙ Built 1950
    • Rent
    • Rent Per SQFT
    •  
    • $843
    • $1.03
    •  
PROPERTY LISTING DETAILS
Isabel Roos
1.509.391.2100
Dk Bain Real Estate, Inc.
BESbswy