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PROPERTY INFO
FACTS
- Single Family
- Built In 2008
- Price/Sqft : $214.17
- 5 Days on Market
- MLS # : 21-276
- Updated Date : 02/11/2021 at 23:29
CONSTRUCTION
- Beds : 3
- Floor Size : 1,214 sqft
- Baths : 2 full
Listing Agent
Results Realty Group
Listing Agent's Description
Great starter home, close to schools in a great location. This home is a must see!
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PRICE & RENT TRENDS
Zip Code: 98930
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 98930
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,204 |
| EXPENSES | Loan Payment | -$903 |
| Property Tax | -$224 | |
| Property Insurance | -$51 | |
| Property Management Fees | -$109 | |
|
CASH FLOW
-$83
|
||
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.
$260,000
PROJECTED PRICE
$1,204
PROJECTED RENT
0.46%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.50% |
| Appreciation Year (1-5) | 10.3% |
| 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
$74,650
LOAN DETAILS
$903
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $65,000 |
| Loan Amount | $195,000 |
3.33
YEARS SAVED
$7,203
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,204
LIST RENT -
$0.99
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
620 Arteaga Cir Grandview, WA
- 3 beds 2 baths ∙ 1,214 Sqft ∙ Built 2008 3 beds 2 baths ∙ 1,214 Sqft ∙ Built 2008
- Rent
- Rent Per SQFT
- $1,204
- $0.99
PROPERTY LISTING DETAILS
1.509.949.1771
Results Realty Group
