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4407 Benjamin Dr Yakima, WA 98908

4 Beds 3 Baths 2,632 sqft Built 1952

$369,500

List Price

$1,599

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

January 14, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1952
  • Price/Sqft : $140.39
  • 4 Days on Market
  • MLS # : 21-96
  • Updated Date : 01/15/2021 at 21:14
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,632 sqft
  • Baths : 2 full , 1 half
Listing Agent

Coldwell Banker

Listing Agent's Description

Don't judge a book by it's cute cover! This home is spacious with beautiful attention to detail thru-out the entire home! Wood lined vaulted ceiling treatments welcome you into this open floor plan with accents of crown molding and elegant gas log fireplace. Light and bright kitchen w/center island provides plenty of counter and cabinet space and is highlighted by newer SS appliances. All four bedrooms are on the main level with w/the master suit having a private wing. Great storage, built in closet organizers and great flow gives separation to the bedrooms. Bathrooms have all been updated with elegant touches. The dining room is adjacent to the patio w/pergola cover that is tucked in to provide privacy.

SEE MORE

PRICE & RENT TRENDS

Zip Code: 98908

ZipNIR Market*CityMarket2010Year2000201980k100k120k140k160k180k200k220k240kPrice in $78k241k

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

Zip Code: 98908

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
Gilbert Elementary School Primary Regular 560 35 2
Wilson Middle School Middle Regular 825 46 3
A.c. Davis High School High Regular 2,099 97 2

Gilbert Elementary School

  • Education Level: Primary
  • # of students: 560
  • # of teachers: 35
2
GreatSchools Rating

Wilson Middle School

  • Education Level: Middle
  • # of students: 825
  • # of teachers: 46
3
GreatSchools Rating

A.c. Davis High School

  • Education Level: High
  • # of students: 2,099
  • # of teachers: 97
2
GreatSchools Rating
 

$332,550$406,450$369,500

PURCHASE PRICE

$1,439$1,759$1,599

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,599
EXPENSES Loan Payment -$1,283
Property Tax -$288
Property Insurance -$79
Property Management Fees -$109
CASH FLOW
-$160

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.

$369,500

PROJECTED PRICE

$1,599

PROJECTED RENT

0.43%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

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
11530$0.0$200k$400k$600k$800k$1.0M

PROJECTED ANNUAL CASH FLOW

11530-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$103,668

INVESTMENT

$103,668

Down Payment
$92,375
Rehab Estimate
$5,750
Closing Costs
$5,543

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,283

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $92,375
Loan Amount $277,125
See What Happens When You Reinvest Cash Flow

2.42

YEARS SAVED

$6,626

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,599

    LIST RENT
  • $0.61

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,599
1$1,599
$1,599
RENT COMPS ANALYSIS
  • 4407 Benjamin Dr Yakima, WA
    • 4 beds 3 baths ∙ 2,632 Sqft ∙ Built 1952 4 beds 3 baths ∙ 2,632 Sqft ∙ Built 1952
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,599
    • $0.61
    •  
PROPERTY LISTING DETAILS
Kimberly Turnquist
1.509.969.4088
Coldwell Banker
BESbswy