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903 Crystal Ave Moxee, WA 98936

3 Beds 2 Baths 1,824 sqft Built 2013

$345,000

List Price

$1,571

$1.4K - $1.7K

Rent Est.

PROPERTY INFO

November 04, 2020 RECENTLY ADDED
FACTS
  • Built In 2013
  • Price/Sqft : $189.14
  • 5 Days on Market
  • MLS # : 20-2500
  • Updated Date : 11/04/2020 at 13:12
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,824 sqft
  • Baths : 2 full
Listing Agent

Windermere Real Estate

Listing Agent's Description

Attention to detail throughout this beautiful Craftsman style home located in the Demarais Ranch Subdivision of the Aho development community. Gorgeous open concept with 9 ft ceilings, granite countertops and a generous kitchen island that opens up to the living room. Highly desirable floor plan with master BR separate from guestrooms. And a built-in pup door for your fur babies. Wonderful community with pride of ownership throughout!

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PRICE & RENT TRENDS

Zip Code: 98936

ZipNIR Market*CityMarket2010Year2000201980k90k100k110k120k130k140k150k160k170k180k190k200k210kPrice in $78k214k

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

Zip Code: 98936

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
East Valley High School High Regular 852 45 6

East Valley High School

  • Education Level: High
  • # of students: 852
  • # of teachers: 45
6
GreatSchools Rating
 

$310,500$379,500$345,000

PURCHASE PRICE

$1,414$1,728$1,571

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,571
EXPENSES Loan Payment -$1,273
Property Tax -$323
Property Insurance -$63
Property Management Fees -$109
CASH FLOW
-$197

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.

$345,000

PROJECTED PRICE

$1,571

PROJECTED RENT

0.46%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 4.1%
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

PROJECTED ANNUAL CASH FLOW

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

PROJECTED PROPERTY VALUE

30 YEAR PROJECTION

  • Appreciation
  • Principal
  • Loan Balance
11530$0.0$200k$400k$600k$800k

TOTAL CASH OUT OF POCKET

TOTAL OUT OFPOCKET$97,175

INVESTMENT

$97,175

Down Payment
$86,250
Rehab Estimate
$5,750
Closing Costs
$5,175

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

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

$1,273

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $86,250
Loan Amount $258,750
See What Happens When You Reinvest Cash Flow

2

YEARS SAVED

$5,427

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,571

    LIST RENT
  • $0.86

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,571
1$1,571
$1,571
RENT COMPS ANALYSIS
  • 903 Crystal Ave Moxee, WA
    • 3 beds 2 baths ∙ 1,824 Sqft ∙ Built 2013 3 beds 2 baths ∙ 1,824 Sqft ∙ Built 2013
    • Rent
    • Rent Per SQFT
    •  
    • $1,571
    • $0.86
    •  
PROPERTY LISTING DETAILS
Diana G. Juarez
1.509.930.1302
Windermere Real Estate
BESbswy