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2905 Canterbury Ln 
Yakima, WA
98902
4 Beds 2 Baths 2,128 sqft
Built 1949
INVESTimate
$280,500
List Price
$80,083
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PROPERTY INFO
FACTS
- Built In 1949
- Price/Sqft : $131.81
- 2 Days on Market
- MLS # : 20-1833
- Updated Date : 08/25/2020 at 07:54
CONSTRUCTION
- Beds : 4
- Floor Size : 2,128 sqft
- Baths : 2 full
Listing Agent
Best Homes & Land, Realtors
Listing Agent's Description
Nicely maintained older home on quiet dead end street. Updates, newer vinyl windows and fresh interior paint. Located adjacent to the Barge-Chestnut Historical District. Please call or text owner at least 2 hours notice and lock only deadbolt on front door. Please observe all Covid-19 Protocols. Keybox on front rail.
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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
PROJECTED ACCUMULATED WEALTH
30 YEAR PROJECTION
- Cash Flow
- Appreciation
- Principal
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,381 |
| EXPENSES | Loan Payment | -$1,035 |
| Property Tax | -$218 | |
| Property Insurance | -$69 | |
| Property Management Fees | -$109 | |
|
CASH FLOW
-$51
|
||
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.
$280,500
PROJECTED PRICE
$1,381
PROJECTED RENT
0.49%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.50% |
| Appreciation Year (1-5) | 6.64% |
| Maintenance Year (1-5) | 8.00% |
| Vacancy | 6.00% |
| Length of Stay Years | 2 |
TOTAL CASH OUT OF POCKET
INVESTMENT
$80,083
LOAN DETAILS
$1,035
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $70,125 |
| Loan Amount | $210,375 |
4
YEARS SAVED
$12,505
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,381
LIST RENT -
$0.65
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
2905 Canterbury Ln Yakima,
- 4 beds 2 baths ∙ 2,128 Sqft ∙ Built 1949 4 beds 2 baths ∙ 2,128 Sqft ∙ Built 1949
- Rent
- Rent Per SQFT
- $1,381
- $0.65
PROPERTY LISTING DETAILS
1.509.961.1418
Best Homes & Land, Realtors
