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PROPERTY INFO
FACTS
- Single Family
- Built In 1998
- Price/Sqft : $193.21
- 4 Days on Market
- MLS # : 21-179
- Updated Date : 01/28/2021 at 16:44
CONSTRUCTION
- Beds : 4
- Floor Size : 2,355 sqft
- Baths : 2 full
Listing Agent
Heritage Moultray Real Estate Serv
Listing Agent's Description
Don't be fooled by the exterior, this home is fabulous inside. Vaulted ceilings with an open concept design make this home a great place to live and entertain. You will enjoy the formal dining room just off the entry and a separate den as well. The open concept living room with fireplace and casual dining space too. The kitchen features ample counter space and tons of storage. The slab granite counters with eating bar are just the right finishes. The largest bedroom features a large en suite bathroom with walk-in closet, on the opposite side of the home are three spacious bedrooms and full bath.Entertaining and outdoor recreation are just outside the sliding doors. The expansive back deck will be your favorite summertime retreat. The entire acre is in lawn with underground sprinklers.
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PRICE & RENT TRENDS
Zip Code: 98901
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 98901
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,654 |
| EXPENSES | Loan Payment | -$1,580 |
| Property Tax | -$430 | |
| Property Insurance | -$74 | |
| Property Management Fees | -$109 | |
|
CASH FLOW
-$540
|
||
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.
$455,000
PROJECTED PRICE
$1,654
PROJECTED RENT
0.36%
PROJECTED RENT / PRICE RATIO
| 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
PROJECTED ANNUAL CASH FLOW
PROJECTED PROPERTY VALUE
30 YEAR PROJECTION
- Appreciation
- Principal
- Loan Balance
TOTAL CASH OUT OF POCKET
INVESTMENT
$126,325
LOAN DETAILS
$1,580
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $113,750 |
| Loan Amount | $341,250 |
0.17
YEARS SAVED
$80
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,654
LIST RENT -
$0.7
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
5500 Garden Terrace Ln Yakima, WA
- 4 beds 2 baths ∙ 2,355 Sqft ∙ Built 1998 4 beds 2 baths ∙ 2,355 Sqft ∙ Built 1998
- Rent
- Rent Per SQFT
- $1,654
- $0.70
PROPERTY LISTING DETAILS
1.509.969.4969
Heritage Moultray Real Estate Serv
