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PROPERTY INFO
FACTS
- Single Family
- Built In 1972
- Price/Sqft : $162.30
- 2 Days on Market
- MLS # : 20-2640
- Updated Date : 11/20/2020 at 20:39
CONSTRUCTION
- Beds : 4
- Floor Size : 1,910 sqft
- Baths : 2 full
Listing Agent
Berkshire Hathaway Homeservices Central Washington Real Estate
Listing Agent's Description
Welcome to this beautiful 4 bedroom, 2 full bath home that welcomes you with a front patio, wood floors, tall ceilings, open concept kitchen, 2 car garage on the main level. Upper level has laundry room, full bathroom and 3 bedrooms. Lower level has a cozy pellet stove in the living area with an additional bathroom and bedroom. Recent updates include roof, HVAC, newer out buildings, new fence in the large backyard with another patio for your family or furry friends to enjoy.
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PRICE & RENT TRENDS
Zip Code: 98942
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 98942
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,602 |
| EXPENSES | Loan Payment | -$1,144 |
| Property Tax | -$244 | |
| Property Insurance | -$65 | |
| Property Management Fees | -$109 | |
|
CASH FLOW
$40
|
||
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
$1,602
PROJECTED RENT
0.52%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.50% |
| Appreciation Year (1-5) | 5.7% |
| 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 |
5.42
YEARS SAVED
$21,265
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,602
LIST RENT -
$0.84
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
410 Hillcrest Dr Selah, WA
- 4 beds 2 baths ∙ 1,910 Sqft ∙ Built 1910 4 beds 2 baths ∙ 1,910 Sqft ∙ Built 1910
![property image]()
- Rent
- Rent Per SQFT
- $1,602
- $0.84
PROPERTY LISTING DETAILS
1.509.833.6559
Berkshire Hathaway Homeservices Central Washington Real Estate
