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6001 Glacier Way Yakima, WA 98908

4 Beds 3 Baths 2,762 sqft Built 1978

$525,000

List Price

$2,075

$1.9K - $2.3K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
March 12, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1978
  • Price/Sqft : $190.08
  • 4 Days on Market
  • MLS # : 21-504
  • Updated Date : 03/12/2021 at 00:52
CONSTRUCTION
  • Beds : 4
  • Floor Size : 2,762 sqft
  • Baths : 2 full , 1 half
Listing Agent

Windermere Real Estate

Listing Agent's Description

Beautiful home in perfect move-in condition. Vaulted ceilings in the foyer, formal living & family rooms. Kitchen updated w/ granite countertops, new appliances & tile floor inlaid with a design. New carpet, master bath, lighting, water heater, windows, roof, retaining wall, fencing, exterior paint, back patio walk-way and more. Floor & attic re-insulated. 2 gas fireplaces. Jetted tub in main bath. Inground pool has newer gunite, heater & diving board. Nice partially covered patio off family room. 8' patio door off the master suite to the backyard & pool. Water feature at front entry, fountain in back corner. Very private backyard is perfect for entertaining or family fun.

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
 

$472,500$577,500$525,000

PURCHASE PRICE

$1,868$2,283$2,075

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $2,075
EXPENSES Loan Payment -$1,824
Property Tax -$409
Property Insurance -$82
Property Management Fees -$122
CASH FLOW
-$362

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.

$525,000

PROJECTED PRICE

$2,075

PROJECTED RENT

0.40%

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$1.2M$1.4M

PROJECTED ANNUAL CASH FLOW

11530-$5.0k$0.0$5.0k$10k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k$1.0M$1.2M$1.4M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$144,875

INVESTMENT

$144,875

Down Payment
$131,250
Rehab Estimate
$5,750
Closing Costs
$7,875

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 60% down payment or higher enables the proceeds from the asset to cover all costs.

$1,824

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $131,250
Loan Amount $393,750
See What Happens When You Reinvest Cash Flow

1.33

YEARS SAVED

$3,390

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $2,075

    LIST RENT
  • $0.75

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$2,075
1$2,075
$2,075
RENT COMPS ANALYSIS
  • 6001 Glacier Way Yakima, WA
    • 4 beds 3 baths ∙ 2,762 Sqft ∙ Built 1978 4 beds 3 baths ∙ 2,762 Sqft ∙ Built 1978
    property image
    • Rent
    • Rent Per SQFT
    •  
    • $2,075
    • $0.75
    •  
PROPERTY LISTING DETAILS
Jo Ann Houfek
1.509.952.6380
Windermere Real Estate
1.866.250.5610
Yakima Associal of Realtors ( YAR)
MLS #: 21-504
Last Updated: 03/12/2021
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