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$455,000
2217 W 5th Ave
Spokane, WA 99224
Listed by Danny Pontius, RE/MAX Citibrokers
- Units
- 3
- Built
- 1891
- Size
- 2,098 sq ft
- On market
- 74 days
Cap rate~4.2%
Cash-on-cash~-8.8%
Cash flow−$914
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Purchase details
Purchase price$
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−$2,511
Property tax 2026$329−$
InsuranceNo spot on MLS−$
SewerIn water−$
Water$296 with sewer−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses−$461
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$452
What is left
Cash left over each month−$914
The units
| Unit | Beds | Baths | Sq ft | Rent / mo |
|---|---|---|---|---|
| 1 | 1 | 1 | 800 | $1,095 |
| 2 | 1 | 1 | 750 | $995 |
| 3 | 1 | 1 | 800 | $1,120 |
These 3 units add up to $3,210 a month. Those rents were posted in the MLS by the listing agent.
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