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$445,000
2924 E Broad Ave
Spokane, WA 99217
Listed by Billy Deese, Deese Real Estate
- Units
- 4
- Built
- 1948
- On market
- 94 days
Cap rate~4.8%
Cash-on-cash~-6.5%
Cash flow−$665
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Purchase details
Purchase price$
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−$2,456
Property tax 2026Left blank−$
InsuranceNo spot on MLS−$
SewerLeft blank−$
WaterLeft blank−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses−$196
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$469
What is left
Cash left over each month−$665
The units
| Unit | Beds | Baths | Sq ft | Rent / mo | Rentometerestimated | RentCastestimated |
|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 626 | $525estimated Rentometer $1,115 · RentCast $1,040 | $1,115 | $1,040 |
| 2 | 1 | 1 | 626 | $700estimated Rentometer $1,115 · RentCast $1,040 | $1,115 | $1,040 |
| 3 | 1 | 1 | 626 | $700estimated Rentometer $1,115 · RentCast $1,040 | $1,115 | $1,040 |
| 4 | 2 | 1 | 626 | $1,200estimated Rentometer $1,420 · RentCast $1,260 | $1,420 | $1,260 |
These 4 units add up to $3,125 a month. Those rents were posted in the MLS by the listing agent.
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