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PROPERTY INFO
FACTS
- Single Family
- Built In 1930
- Price/Sqft : $160.98
- 4 Days on Market
- MLS # : 20-2624
- Updated Date : 11/19/2020 at 19:42
CONSTRUCTION
- Beds : 4
- Floor Size : 2,640 sqft
- Baths : 3 full
Listing Agent
Keller Williams Yakima Valley
Listing Agent's Description
Meticulously maintained, historic brick Tudor on beautiful Yakima Avenue. This 4 bedroom, 3 bath impressive home includes security gated entry, gated driveway, manicured grounds and gardens with many eye-popping blooms including beautiful hydrangea garden and very private back yard. Brilliant hardwood floors and new carpet in entry, stairs and den. This home has much charm and character throughout with fresh new kitchen appliances and gas range. Large back patio off the kitchen is perfect for entertaining. Private attached garage around the back of the home has large secure entry door and new garage door. Call today for a private tour!
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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
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,735 |
| EXPENSES | Loan Payment | -$1,568 |
| Property Tax | -$331 | |
| Property Insurance | -$80 | |
| Property Management Fees | -$109 | |
|
CASH FLOW
-$352
|
||
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.
$425,000
PROJECTED PRICE
$1,735
PROJECTED RENT
0.41%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.50% |
| Appreciation Year (1-5) | 6.6% |
| 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
$118,375
LOAN DETAILS
$1,568
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 4.25% |
| Down Payment | $106,250 |
| Loan Amount | $318,750 |
1.17
YEARS SAVED
$2,445
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,735
LIST RENT -
$0.66
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
3003 W Yakima Ave Yakima, WA
- 4 beds 3 baths ∙ 2,640 Sqft ∙ Built 1930 4 beds 3 baths ∙ 2,640 Sqft ∙ Built 1930
- Rent
- Rent Per SQFT
- $1,735
- $0.66
PROPERTY LISTING DETAILS
1.509.952.8341
Keller Williams Yakima Valley
