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PROPERTY INFO
FACTS
- Single Family
- Built In 1925
- Price/Sqft : $117.94
- 4 Days on Market
- MLS # : 21-180
- Updated Date : 01/29/2021 at 03:58
CONSTRUCTION
- Beds : 3
- Floor Size : 1,789 sqft
- Baths : 1 full
Listing Agent
Keller Williams Yakima Valley
Listing Agent's Description
Investment property with lots of potential in a desirable neighborhood near Yakima Valley College. This bungalo features two bedrooms upstairs, with a third nonconforming bedroom and additional living space downstairs. Alley access with rear off-street parking.
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PRICE & RENT TRENDS
Zip Code: 98902
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
Zip Code: 98902
* NIR Market: Aggregated price or rent trend of all neighborhoods with same NIR
SCHOOLS
FINANCIALS
PROJECTED BASIC MONTHLY INCOME STATEMENT
| INCOME | Rent | $1,071 |
| EXPENSES | Loan Payment | -$733 |
| Property Tax | -$164 | |
| Property Insurance | -$63 | |
| Property Management Fees | -$109 | |
|
CASH FLOW
$2
|
||
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.
$211,000
PROJECTED PRICE
$1,071
PROJECTED RENT
0.51%
PROJECTED RENT / PRICE RATIO
| Expense Inflation | 2.50% |
| Rental Growth Year (1-5) | 2.50% |
| Appreciation Year (1-5) | 6.6% |
| 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
$61,665
LOAN DETAILS
$733
MONTHLY LOAN PAYMENT
| Term | 30 Years |
| Interest | 3.75% |
| Down Payment | $52,750 |
| Loan Amount | $158,250 |
5
YEARS SAVED
$10,617
INTEREST SAVED
CASH FLOW REINVESTMENT
The time & interest saved by applying each month's positive cash flow towards loan principal pay down.
-
$1,071
LIST RENT -
$0.6
LIST RENT PER SQFT
-
COMP ESTIMATED VALUE -
COMP AVG. RENT PER SQFT
Comps Range
-
903 S 17th Ave Yakima, WA
- 3 beds 1 baths ∙ 1,789 Sqft ∙ Built 1925 3 beds 1 baths ∙ 1,789 Sqft ∙ Built 1925
- Rent
- Rent Per SQFT
- $1,071
- $0.60
PROPERTY LISTING DETAILS
1.509.941.3099
Keller Williams Yakima Valley
