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$550,000
2407 E Columbia Ave
Spokane, WA 99208
Listed by Dana Pendergrass, REAL Broker LLC
- Units
- 2
- Built
- 1999
- Size
- 3,200 sq ft
- On market
- 68 days
- Layout
- stacked
Cap rate~4.7%
Cash-on-cash~-7.1%
Cash flow−$895

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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−$3,035
Property tax 2026$408−$
InsuranceNo spot on MLS−$
SewerLeft blank−$
WaterLeft blank−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses−$370
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$525
What is left
Cash left over each month−$895
The units
| Unit | Beds | Baths | Sq ft | Rent / mo |
|---|---|---|---|---|
| 1 | 3 | 2 | 1,600 | $1,600 |
| 2 | 3 | 2 | 1,600 | $1,900 |
These 2 units add up to $3,500 a month. Those rents were posted in the MLS by the listing agent.
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