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$385,000
316 N Silver Lake Ave
Medical Lake, WA 99022
Listed by Wendy Armes, eXp Realty, LLC
- Units
- 2
- Built
- 1971
- On market
- 144 days
Cap rate~3.4%
Cash-on-cash~-11.8%
Cash flow−$1,041
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Purchase details
Purchase price$
Closing costs 2.5%−$
Repairs and remodel−$
Loan details
Down payment%
Interest rateour standard rate%
Rents
Rents coming innot on the MLS, confirmed with the listing agent$
Expenses
Principal & interest−$2,125
Property taxLeft blank−$
InsuranceNo spot on MLS−$
SewerLeft blank−$
WaterLeft blank−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses−$739
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$302
What is left
Cash left over each month−$1,041
The units
| Unit | Beds | Baths | Sq ft | Rent / mo |
|---|---|---|---|---|
| 1 | 3 | 1 | 1,144 | $1,500 |
| 2 | 3 | 1 | 1,144 | $1,065 |
These 2 units add up to $2,565 a month. Those rents were posted in the MLS by the listing agent.
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Price history
- May 8, 2026Listed for sale$385,000$192,500/unit
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