$2,000,000

6119-6123 N Colton St

Spokane, WA 99208

Listed by Ryan Towner, LT Real Estate

Units
20
Built
1965
Size
12,800 sq ft
On market
60 days
Cap rate~6.0%
Cash-on-cash~-2.2%
Cash flow−$1,017
Aaron Beal

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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 & interest11,038
Property tax 2026⁠Left blank
Insurance⁠No spot on MLS
Sewer⁠Left blank
Water⁠Left blank
Garbage⁠No spot on MLS
Left over after mortgage and expenses1,470

Set aside

Vacancy
Maintenance
Capital repairs
Management
Set aside for vacancy and maintenance2,487

What is left

Cash left over each month−$1,017

The units

UnitBedsBathsSq ftRent / moRentometerestimatedRentCastestimated
111750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
211750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
311750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
411750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
511750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
611750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
711750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
811750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
911750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
1011750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
1111750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
1211750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
1311750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
1411750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
1511750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
1611750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
1711750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
1811750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
1911750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100
2011750$829estimated Rentometer $1,107 · RentCast $1,100$1,107$1,100

These 20 units add up to $16,580 a month. Those rents were confirmed with the listing agent.

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Listed by Ryan Towner, LT Real Estate · MLS# 202622562 · Active

Cap rate, cash flow and cash-on-cash are Beal Estate NW’s own analysis, not MLS data — they follow the financing assumptions shown on this page, and they are not a valuation of the property and not investment advice. Talk to your lender, your accountant and your own advisers before you rely on any of it. MLS GridListings courtesy of Spokane REALTORS® as distributed by MLS Grid. Based on information submitted to the MLS GRID as of 9/29/2026, 3:45:00 PM. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Listing information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing; any other use or search of the data on this site is prohibited. Deemed reliable but not guaranteed accurate by MLS Grid. Verify everything before you write an offer. Report a copyright problem.