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914 Pecks Canyon Rd Yakima, WA 98908

3 Beds 3 Baths 1,926 sqft Built 1974

$315,000

List Price

$1,908

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

SINGLE-FAMILY
February 27, 2021 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1974
  • Price/Sqft : $163.55
  • 3 Days on Market
  • MLS # : 21-401
  • Updated Date : 02/27/2021 at 16:41
CONSTRUCTION
  • Beds : 3
  • Floor Size : 1,926 sqft
  • Baths : 2 full , 1 half
Listing Agent

Windermere Real Estate

Listing Agent's Description

Warm and inviting split entry home featuring 3 bedroom and 2.5 bathrooms. Upstairs you'll find new carpet a large living room with a gas fireplace great kitchen and huge master suite. Downstairs there's a large rec room (currently used as a bedroom) with a wood burning fireplace, laundry room and an office. Out back you'll find a big backyard with a terrific deck that's perfect for entertaining groups or quiet afternoons. Located just minutes from shopping and freeway access.

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
Gilbert Elementary School Primary Regular 560 35 2
Wilson Middle School Middle Regular 825 46 3
A.c. Davis High School High Regular 2,099 97 2

Gilbert Elementary School

  • Education Level: Primary
  • # of students: 560
  • # of teachers: 35
2
GreatSchools Rating

Wilson Middle School

  • Education Level: Middle
  • # of students: 825
  • # of teachers: 46
3
GreatSchools Rating

A.c. Davis High School

  • Education Level: High
  • # of students: 2,099
  • # of teachers: 97
2
GreatSchools Rating
 

$283,500$346,500$315,000

PURCHASE PRICE

$1,717$2,099$1,908

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,908
EXPENSES Loan Payment -$1,094
Property Tax -$243
Property Insurance -$65
Property Management Fees -$113
CASH FLOW
$392

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.

$315,000

PROJECTED PRICE

$1,908

PROJECTED RENT

0.61%

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$0.0$5.0k$10k$15k$20k

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$89,225

INVESTMENT

$89,225

Down Payment
$78,750
Rehab Estimate
$5,750
Closing Costs
$4,725

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 25% down payment or higher enables the proceeds from the asset to cover all costs.

$1,094

MONTHLY LOAN PAYMENT

30 yr
Term
3.75%
Interest
25.00%
Down Payment
Term 30 Years
Interest 3.75%
Down Payment $78,750
Loan Amount $236,250
See What Happens When You Reinvest Cash Flow

11.17

YEARS SAVED

$53,741

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,908

    LIST RENT
  • $0.99

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,908
1$1,908
$1,908
RENT COMPS ANALYSIS
  • 914 Pecks Canyon Rd Yakima, WA
    • 3 beds 3 baths ∙ 1,926 Sqft ∙ Built 1974 3 beds 3 baths ∙ 1,926 Sqft ∙ Built 1974
    • Rent
    • Rent Per SQFT
    •  
    • $1,908
    • $0.99
    •  
PROPERTY LISTING DETAILS
Travis Antles
1.509.961.1888
Windermere Real Estate
1.866.250.5610
Yakima Associal of Realtors ( YAR)
MLS #: 21-401
Last Updated: 02/27/2021
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