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$499,000
557 E Broad Ave
Spokane, WA 99203
Listed by Jay Overholser, SDS Realty, Inc.
- Units
- 2
- Built
- 1972
- On market
- 92 days
Cap rate~5.8%
Cash-on-cash~-3.1%
Cash flow−$357
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Purchase details
Purchase price$
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−$2,754
Property tax 2026$353−$
InsuranceNo spot on MLS−$
SewerIn water−$
Water$300 with sewer−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses$228
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$585
What is left
Cash left over each month−$357
The units
| Unit | Beds | Baths | Sq ft | Rent / mo | Rentometerestimated | RentCastestimated |
|---|---|---|---|---|---|---|
| 1 | 4 | 2 | 1,808 | $1,950estimated Rentometer $2,081 · RentCast $2,000 | $2,081 | $2,000 |
| 2 | 4 | 2 | 1,808 | Vacantestimated Rentometer $2,081 · RentCast $2,000 | $2,081 | $2,000 |
These 2 units add up to $1,950 a month. Those rents were posted in the MLS by the listing agent. Unit 2 is empty, so it brings nothing to that total.
This rent roll is partial. The listing reports rent on 1 of 2 units, so the rents above do not add up to the building.
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