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PROPERTY INFO
FACTS
- Single Family
- Built In 2009
- Price/Sqft : $208.27
- 3 Days on Market
- MLS # : 21-145
- Updated Date : 01/22/2021 at 20:43
CONSTRUCTION
- Beds : 3
- Floor Size : 1,282 sqft
- Baths : 2 full
Listing Agent
John L Scott Yakima
Listing Agent's Description
Well kept single-level Apple Blossom home, this 1,282 square foot property built in 2009 is in great condition and is move-in-ready. Inside you will find 3 bedrooms and 2 bathrooms, including a master suite with a walk-in closet. The yard is set up for easy maintenance as well and includes a full sprinkler system. Additional features include a forced air furnace and central AC, hot-tub hookup ready, fully fenced backyard with dog run, and a two-bay attached garage!
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PRICE & RENT TRENDS
Zip Code: 98903
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 98903
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,335 |
| EXPENSES | Loan Payment | -$927 |
| Property Tax | -$205 | |
| Property Insurance | -$53 | |
| Property Management Fees | -$109 | |
|
CASH FLOW
$41
|
||
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.
$267,000
PROJECTED PRICE
$1,335
PROJECTED RENT
0.50%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.50% |
| Appreciation Year (1-5) | 4.8% |
| 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
$76,505
LOAN DETAILS
$927
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $66,750 |
| Loan Amount | $200,250 |
5.58
YEARS SAVED
$16,456
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,335
LIST RENT -
$1.04
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
6405 Crestfields Rd Yakima, WA
- 3 beds 2 baths ∙ 1,282 Sqft ∙ Built 2009 3 beds 2 baths ∙ 1,282 Sqft ∙ Built 2009
- Rent
- Rent Per SQFT
- $1,335
- $1.04
PROPERTY LISTING DETAILS
1.509.952.7788
John L Scott Yakima
