Work with a dedicated Real Estate Advisor who will take your financial preferences and help you select and acquire properties that fit your criteria. Learn more

6405 Crestfields Rd Yakima, WA 98903

3 Beds 2 Baths 1,282 sqft Built 2009

$267,000

List Price

$1,335

$1.2K - $1.5K

Rent Est.

PROPERTY INFO

January 22, 2021 RECENTLY ADDED
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!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 98903

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180kPrice in $70k189k

* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR

Zip Code: 98903

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
Cottonwood Elementary School Primary Regular 425 28 8
West Valley Middle School Middle Regular 813 38 6
West Valley High School High Regular 1,040 44 6

Cottonwood Elementary School

  • Education Level: Primary
  • # of students: 425
  • # of teachers: 28
8
GreatSchools Rating

West Valley Middle School

  • Education Level: Middle
  • # of students: 813
  • # of teachers: 38
6
GreatSchools Rating

West Valley High School

  • Education Level: High
  • # of students: 1,040
  • # of teachers: 44
6
GreatSchools Rating
 

$240,300$293,700$267,000

PURCHASE PRICE

$1,202$1,469$1,335

RENT

DOWN PAYMENT
FINANCING

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

ASSUMPTIONS

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
11530$0.0$100k$200k$300k$400k$500k$600k$700k$800k

PROJECTED ANNUAL CASH FLOW

11530-$2.0k$0.0$2.0k$4.0k$6.0k$8.0k$10k$12k

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$100k$200k$300k$400k$500k$600k$700k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$76,505

INVESTMENT

$76,505

Down Payment
$66,750
Rehab Estimate
$5,750
Closing Costs
$4,005

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 45% down payment or higher enables the proceeds from the asset to cover all costs.

$927

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $66,750
Loan Amount $200,250
See What Happens When You Reinvest Cash Flow

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
$1,335
1$1,335
$1,335
RENT COMPS ANALYSIS
  • 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
Chris Thorn
1.509.952.7788
John L Scott Yakima
BESbswy