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9800 Bittner Rd Yakima, WA 98901

6 Beds 3 Baths 3,350 sqft Built 1987

$475,000

List Price

$1,885

$1.7K - $2.1K

Rent Est.

PROPERTY INFO

December 10, 2020 RECENTLY ADDED
FACTS
  • Single Family
  • Built In 1987
  • Price/Sqft : $141.79
  • 4 Days on Market
  • MLS # : 20-2752
  • Updated Date : 12/12/2020 at 20:54
CONSTRUCTION
  • Beds : 6
  • Floor Size : 3,350 sqft
  • Baths : 3 full
Listing Agent

Keller Williams Yakima Valley

Listing Agent's Description

This spacious daylight basement home is located in a wonderful country setting in Terrace Heights. Nearly fully renovated this home features 3350 Square Feet of living space, offering a main level great room with vaulted ceiling, remodeled kitchen, hardwood floors & views of the Yakima Valley. With 6 bedrooms, 3 baths, recently remodeled Master Suite retreat with private covered deck and additional office/den and lower-level family room, this home offers endless possibilities with great indoor and outdoor living. 2.15 Acre, garden boxes, UG sprinklers, & irrigations rights, Solar Panels, Dog Fencing, Reverse Osmosis filtration system & so much more. For additional information see the ''More'' tab. This is a great place to call home, see this one today!

SEE MORE

PRICE & RENT TRENDS

Zip Code: 98901

ZipNIR Market*CityMarket2010Year2000201970k80k90k100k110k120k130k140k150k160k170k180kPrice in $66k189k

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

Zip Code: 98901

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
 

$427,500$522,500$475,000

PURCHASE PRICE

$1,697$2,074$1,885

RENT

DOWN PAYMENT
FINANCING

FINANCIALS

PROJECTED BASIC MONTHLY INCOME STATEMENT

INCOME Rent $1,885
EXPENSES Loan Payment -$1,753
Property Tax -$449
Property Insurance -$94
Property Management Fees -$111
CASH FLOW
-$522

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.

$475,000

PROJECTED PRICE

$1,885

PROJECTED RENT

0.40%

PROJECTED RENT / PRICE RATIO

ASSUMPTIONS

Expense Inflation 2.50%
Rental Growth Year (1-5) 2.50%
Appreciation Year (1-5) 4.9%
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-$10k-$8.0k-$6.0k-$4.0k-$2.0k$0.0$2.0k$4.0k$6.0k

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$131,625

INVESTMENT

$131,625

Down Payment
$118,750
Rehab Estimate
$5,750
Closing Costs
$7,125

LOAN DETAILS

25%

DOWN PAYMENT

HOMEUNION RECOMMENDS:

A 65% down payment or higher enables the proceeds from the asset to cover all costs.

$1,753

MONTHLY LOAN PAYMENT

30 yr
Term
4.25%
Interest
25.00%
Down Payment
Term 30 Years
Interest 4.25%
Down Payment $118,750
Loan Amount $356,250
See What Happens When You Reinvest Cash Flow

0.33

YEARS SAVED

$302

INTEREST SAVED

CASH FLOW REINVESTMENT

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

  • $1,885

    LIST RENT
  • $0.56

    LIST RENT PER SQFT
  • COMP ESTIMATED VALUE
  • COMP AVG. RENT PER SQFT
Comps Range
$1,885
1$1,885
$1,885
RENT COMPS ANALYSIS
  • 9800 Bittner Rd Yakima, WA
    • 6 beds 3 baths ∙ 3,350 Sqft ∙ Built 1987 6 beds 3 baths ∙ 3,350 Sqft ∙ Built 1987
    • Rent
    • Rent Per SQFT
    •  
    • $1,885
    • $0.56
    •  
PROPERTY LISTING DETAILS
Lanette Headley
1.509.945.1411
Keller Williams Yakima Valley
BESbswy