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PROPERTY INFO
FACTS
- Single Family
- Built In 1962
- Price/Sqft : $146.34
- 1 Days on Market
- MLS # : 20-2593
- Updated Date : 11/14/2020 at 20:10
CONSTRUCTION
- Beds : 4
- Floor Size : 1,845 sqft
- Baths : 2 full , 1 half
Listing Agent
Exp Realty Llc
Listing Agent's Description
Centrally location property with 2 homes. Both houses have a nice clean stucco finish. The main house offer 3 bedrooms with 1.5 bathrooms. There is a nice cozy living room with fireplace, formal dining, attached garage, washer and dryer area, Central air & Heat and water softener.The small house is a rental. This cute house has been completely remodeled from interior approximately 1 year ago.Buyer shall verify all about homes, lot/parcel to buyer satisfaction.
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PRICE & RENT TRENDS
Zip Code: 98944
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 98944
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
INCOME | Rent | $1,257 |
EXPENSES | Loan Payment | -$996 |
Property Tax | -$203 | |
Property Insurance | -$64 | |
Property Management Fees | -$109 | |
CASH FLOW
-$115
|
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.
$270,000
PROJECTED PRICE
$1,257
PROJECTED RENT
0.47%
PROJECTED RENT / PRICE RATIO
Expense Inflation | 2.50% |
Rental Growth Year (1-5) | 2.50% |
Appreciation Year (1-5) | 7.5% |
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
$77,300
LOAN DETAILS
$996
MONTHLY LOAN PAYMENT
Term | 30 Years |
Interest | 4.25% |
Down Payment | $67,500 |
Loan Amount | $202,500 |
3.08
YEARS SAVED
$7,837
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,257
LIST RENT -
$0.68
LIST RENT PER SQFT
Comps Range
PROPERTY LISTING DETAILS
1.509.901.0209
Exp Realty Llc