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827 S 75th Ave Yakima, WA 98908

3 Beds 3 Baths 2,192 sqft Built 2006

$399,900

List Price

$1,774

$1.6K - $2K

Rent Est.

PROPERTY INFO

November 11, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 2006
  • Price/Sqft : $182.44
  • 5 Days on Market
  • MLS # : 20-2565
  • Updated Date : 11/12/2020 at 16:13
CONSTRUCTION
  • Beds : 3
  • Floor Size : 2,192 sqft
  • Baths : 2 full , 1 half
Listing Agent

John L Scott Yakima

Listing Agent's Description

Wonderful West Valley home features 3 bedrooms and a 4th bonus room. It has 9 foot ceilings and hardwood floors on the main level. A spectacular kitchen and dining room are a must see! Kitchen features granite counter tops, stainless steel appliances, and a large pantry. French doors open to the outside, and all windows and doors are accented with moldings. The second floor has a bonus living area and a spectacular master bathroom with a large jetted tub! The new fence around the front yard really set this home apart. Don't miss out on this gem!

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
Wide Hollow Elementary School Primary Regular 371 24 9
West Valley Middle School Middle Regular 813 38 6
West Valley High School High Regular 1,040 44 6

Wide Hollow Elementary School

  • Education Level: Primary
  • # of students: 371
  • # of teachers: 24
9
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
 

$359,910$439,890$399,900

PURCHASE PRICE

$1,597$1,951$1,774

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,774
EXPENSES Loan Payment -$1,475
Property Tax -$308
Property Insurance -$71
Property Management Fees -$109
CASH FLOW
-$189

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.

$399,900

PROJECTED PRICE

$1,774

PROJECTED RENT

0.44%

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

PROJECTED ANNUAL CASH FLOW

11530-$6.0k-$4.0k-$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$200k$400k$600k$800k$1.0M$1.2M

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$111,724

INVESTMENT

$111,724

Down Payment
$99,975
Rehab Estimate
$5,750
Closing Costs
$5,999

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 55% down payment or higher enables the proceeds from the asset to cover all costs.

$1,475

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $99,975
Loan Amount $299,925
See What Happens When You Reinvest Cash Flow

2.33

YEARS SAVED

$8,335

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,774

    LIST RENT
  • $0.81

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,774
1$1,774
$1,774
RENT COMPS ANALYSIS
  • 827 S 75th Ave Yakima, WA
    • 3 beds 3 baths ∙ 2,192 Sqft ∙ Built 2006 3 beds 3 baths ∙ 2,192 Sqft ∙ Built 2006
    • Rent
    • Rent Per SQFT
    •  
    • $1,774
    • $0.81
    •  
PROPERTY LISTING DETAILS
Andrew Pease
1.509.949.1124
John L Scott Yakima
BESbswy