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$200,000
1623 W Garland Ave
Spokane, WA 99205
Listed by Haydn Halsted, REAL Broker LLC
Pending- Units
- 2
- Built
- 1940
- Size
- 1,488 sq ft
- On market
- 67 days
- Layout
- stacked
Cap rate~6.8%
Cash-on-cash~0.8%
Cash flow+$35
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Purchase details
Purchase price$
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−$1,104
Property tax 2026Left blank−$
InsuranceNo spot on MLS−$
SewerIn water−$
Water$283 with sewer−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses$335
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$300
What is left
Cash left over each month+$35
The units
| Unit | Beds | Baths | Sq ft | Rent / mo |
|---|---|---|---|---|
| 1 | 2 | 1 | 744 | $1,000 |
| 2 | 1 | 1 | 744 | $1,000 |
These 2 units add up to $2,000 a month. Those rents were posted in the MLS by the listing agent.
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