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$1,000,000
1115 1st St
Cheney, WA 99004
Listed by Nicole Page, Keller Williams Spokane - Main
- Units
- 11
- Built
- 1970
- Size
- 9,600 sq ft
- On market
- 80 days
Cap rate~5.6%
Cash-on-cash~-3.7%
Cash flow−$853
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Purchase details
Purchase price$
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−$5,519
Property tax 2026$1,056−$
InsuranceNo spot on MLS−$
Water & sewerLeft blank−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses$355
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$1,209
What is left
Cash left over each month−$853
The units
| Unit | Beds | Baths | Sq ft | Rent / mo | Rentometerestimated | RentCastestimated |
|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 625 | $650estimated Rentometer $850 · RentCast $850 | $850 | $850 |
| 2 | 1 | 1 | 625 | $650estimated Rentometer $850 · RentCast $850 | $850 | $850 |
| 3 | 1 | 1 | 625 | $650estimated Rentometer $850 · RentCast $850 | $850 | $850 |
| 4 | 1 | 1 | 625 | $650estimated Rentometer $850 · RentCast $850 | $850 | $850 |
| 5 | 1 | 1 | 625 | $650estimated Rentometer $850 · RentCast $850 | $850 | $850 |
| 6 | 1 | 1 | 625 | $650estimated Rentometer $850 · RentCast $850 | $850 | $850 |
| 7 | 1 | 1 | 625 | $650estimated Rentometer $850 · RentCast $850 | $850 | $850 |
| 8 | 2 | 1 | 800 | $877estimated Rentometer $1,223 · RentCast $1,228 | $1,223 | $1,228 |
| 9 | 2 | 1 | 800 | $877estimated Rentometer $1,223 · RentCast $1,228 | $1,223 | $1,228 |
| 10 | 2 | 1 | 800 | $877estimated Rentometer $1,223 · RentCast $1,228 | $1,223 | $1,228 |
| 11 | 2 | 1 | 800 | $877estimated Rentometer $1,223 · RentCast $1,228 | $1,223 | $1,228 |
These 11 units add up to $8,058 a month. Those rents were confirmed with the listing agent.
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