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4961 N Sky Vista Ave Yakima, WA 98901

4 Beds 2 Baths 1,626 sqft Built 1993

$335,000

List Price

$1,595

$1.4K - $1.8K

Rent Est.

PROPERTY INFO

December 30, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1993
  • Price/Sqft : $206.03
  • 5 Days on Market
  • MLS # : 20-2840
  • Updated Date : 12/29/2020 at 22:38
CONSTRUCTION
  • Beds : 4
  • Floor Size : 1,626 sqft
  • Baths : 2 full
Listing Agent

Compass Washington, Llc

Listing Agent's Description

Great 4BR 2BA Home in Terrace Estates. This home features both family and living rooms plus a formal dining room. Call your favorite Realtor or call me to setup a private showing.

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PRICE & RENT TRENDS

Zip Code: 98901

ZipNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180kPrice in $66k189k

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

Zip Code: 98901

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
East Valley High School High Regular 852 45 6

East Valley High School

  • Education Level: High
  • # of students: 852
  • # of teachers: 45
6
GreatSchools Rating
 

$301,500$368,500$335,000

PURCHASE PRICE

$1,436$1,755$1,595

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,595
EXPENSES Loan Payment -$1,236
Property Tax -$317
Property Insurance -$59
Property Management Fees -$109
CASH FLOW
-$126

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.

$335,000

PROJECTED PRICE

$1,595

PROJECTED RENT

0.48%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 4.9%
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

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

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$94,525

INVESTMENT

$94,525

Down Payment
$83,750
Rehab Estimate
$5,750
Closing Costs
$5,025

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,236

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $83,750
Loan Amount $251,250
See What Happens When You Reinvest Cash Flow

2.67

YEARS SAVED

$8,666

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,595

    LIST RENT
  • $0.98

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,595
1$1,595
$1,595
RENT COMPS ANALYSIS
  • 4961 N Sky Vista Ave Yakima, WA
    • 4 beds 2 baths ∙ 1,626 Sqft ∙ Built 1993 4 beds 2 baths ∙ 1,626 Sqft ∙ Built 1993
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $1,595
    • $0.98
    •  
PROPERTY LISTING DETAILS
Javier Cardenas
1.509.952.4172
Compass Washington, Llc
BESbswy