$399,400
323 5th St
Cheney, WA 99004
Listed by Nick Briggs, Windermere City Group
- Units
- 3
- Built
- 1895
- Size
- 3,008 sq ft
- On market
- 0 days
Cap rate~6.2%
Cash-on-cash~-1.4%
Cash flow−$130
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Purchase details
Purchase price$
Closing costs 2.5%−$
Repairs and remodel−$
Loan details
Down payment%
Interest rateour standard rate%
Rents
Rents coming inrents from the MLS$
Expenses
Principal & interest−$2,204
Property tax 2026$318−$
InsuranceNo spot on MLS−$
SewerLeft blank−$
WaterLeft blank−$
GarbageNo spot on MLS−$
Left over after mortgage and expenses$357
Set aside
Vacancy%
Maintenance%
Capital repairs%
Management%
Set aside for vacancy and maintenance−$488
What is left
Cash left over each month−$130
The units
| Unit | Beds | Baths | Sq ft | Rent / mo |
|---|---|---|---|---|
| 1 | 3 | 2 | 1,368 | $1,500 |
| 2 | 2 | 1 | 820 | $850 |
| 3 | 2 | 1 | 820 | $900 |
These 3 units add up to $3,250 a month. Those rents were posted in the MLS by the listing agent.
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