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$465,000
3112 E 29th Ave
Spokane, WA 99223
Listed by David Jones, John L Scott, Inc.
- Units
- 3
- Built
- 1973
- Size
- 3,486 sq ft
- On market
- 21 days
Cap rate~5.3%
Cash-on-cash~-4.7%
Cash flow−$500
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Purchase details
Purchase price$
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 2026$459−$
InsuranceNo spot on MLS−$
SewerIn water−$
Water$300 with sewer−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses$77
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$578
What is left
Cash left over each month−$500
The units
| Unit | Beds | Baths | Sq ft | Rent / mo | Rentometerestimated | RentCastestimated |
|---|---|---|---|---|---|---|
| 1 | 2 | 1 | 1,162 | $1,100estimated Rentometer $1,412 · RentCast $1,590 | $1,412 | $1,590 |
| 2 | 2 | 1 | 1,162 | $1,300estimated Rentometer $1,412 · RentCast $1,590 | $1,412 | $1,590 |
| 3 | 2 | 1 | 1,162 | Vacantestimated Rentometer $1,412 · RentCast $1,590 | $1,412 | $1,590 |
These 3 units add up to $2,400 a month. Those rents were posted in the MLS by the listing agent. Unit 3 is empty, so it brings nothing to that total.
This rent roll is partial. The listing reports rent on 2 of 3 units, so the rents above do not add up to the building.
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