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$415,000
511 W 14TH Ave
Spokane, WA 99204
Listed by Danny Pontius, RE/MAX Citibrokers
- Units
- 2
- Built
- 1908
- On market
- 74 days
Cap rate~3.9%
Cash-on-cash~-9.8%
Cash flow−$930
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Purchase details
Purchase price$
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−$2,290
Property tax 2026$314−$
InsuranceNo spot on MLS−$
SewerIn water−$
Water$245 with sewer−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses−$552
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$378
What is left
Cash left over each month−$930
The units
| Unit | Beds | Baths | Sq ft | Rent / mo |
|---|---|---|---|---|
| 1 | 2 | 1 | 2,580 | $1,495 |
| 2 | 1 | 1 | 550 | $1,025 |
These 2 units add up to $2,520 a month. Those rents were posted in the MLS by the listing agent.
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