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$465,000
2022 W College Ave
Spokane, WA 99201
Listed by Billy Deese, Deese Real Estate
- Units
- 4
- Built
- 1895
- Size
- 2,632 sq ft
- On market
- 75 days
Cap rate~5.4%
Cash-on-cash~-4.5%
Cash flow−$475
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Purchase details
Purchase price$
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−$2,566
Property tax 2026Left blank−$
InsuranceNo spot on MLS−$
SewerLeft blank−$
WaterLeft blank−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses$53
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$528
What is left
Cash left over each month−$475
The units
| Unit | Beds | Baths | Sq ft | Rent / mo | Rentometerestimated | RentCastestimated |
|---|---|---|---|---|---|---|
| 1 | 1 | 1 | 658 | $825estimated Rentometer $1,230 · RentCast $1,050 | $1,230 | $1,050 |
| 2 | 2 | 1.5 | 658 | $999estimated Rentometer $1,790 · RentCast $1,180 | $1,790 | $1,180 |
| 3 | 1 | 1 | 658 | $895estimated Rentometer $1,230 · RentCast $1,050 | $1,230 | $1,050 |
| 4 | 1 | 1 | 658 | $800estimated Rentometer $1,230 · RentCast $1,050 | $1,230 | $1,050 |
These 4 units add up to $3,519 a month. Those rents were posted in the MLS by the listing agent.
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Price history
- Jul 16, 2026Listed for sale$465,000$116,250/unit
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