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๐Ÿ“ˆHousing Dossier for Auburn (98001)

Cap Rate & Rental Yield in Auburn

Housing market dossier for Auburn, Washington: Average condo prices around $516.46/sqft and single-family homes at $409.61/sqft with average yields of 5.2%.

Average Condo / Sqft516.46 $per sqft
Average Home / Sqft409.61 $per sqft
Cap Rate / Yield5.2 %Local Benchmark
Effective Tax Rate0.88 %Washington

๐Ÿ“ˆCap Rate & Rental Yield Calculator

Gross rental yield, capitalization rate (Cap Rate), cash-on-cash return, and net monthly operating cashflow.

Auburn (ร˜ 5.2 % Rendite)
$
$ / mo.
ca. $12,600
%
Effective Annual Rent:$18,252
Price-to-Rent Ratio:19.2x
Net Operating Income:$16,932
Cash-on-Cash Return:-8.07 %
Net Cashflow (Pre-Tax):-$569 / Mo.
Gross Yield:
5.2 %
Cap Rate (NOI):
4.54 %
Cashflow Breakdown

Monthly Cashflow Breakdown

Rental income (blue) minus operating costs and loan payments (grey) = net cashflow (green)

ร˜ Durchschnitt$507
ร˜ Durchschnitt:
Rent:$507
Rent
3 Abschnitte
Yield Curve

Cap Rate & Yield Curve

Sensitivity of gross yield (blue) and net cap rate (green) as property price scales

ร˜ Durchschnitt5.00 %
ร˜ Durchschnitt:
Gross Yield (%):5.00 %Net Cap Rate (%):5.00 %
Gross Yield (%)
Net Cap Rate (%)
6 Datenpunkte

๐Ÿ“Housing Market Overview for Auburn

In Auburn, residential condo values average approx. $516.46/sqft, while single-family homes trade at $409.61/sqft.

With an average gross rental yield of approx. 5.2%, the area provides attractive fundamental margins for both primary owner-occupiers and residential investors.

๐Ÿ›๏ธClosing Costs & State Standards (Washington)

Real Estate Excise Tax (REET): No state personal income tax. Graduated state REET (1.10% to 3.0% on portions above $3.025m) paid by seller. Property tax averages ~0.88%.

State Down Payment Programs (HFA): WSHFC: Washington State Housing Finance Commission Home Advantage and House Key Opportunity programs.

Settlement & Title Fees: Buyer closing costs average 1.8% to 2.8%.

Building Codes & State Statutes: Washington State Energy Code (WSEC); critical areas and shoreline management ordinances.

๐Ÿ“Nearby Housing Markets

Cap Rate & Rental Yield near Auburn

All markets in Washington

Compare property price trends, purchase costs, and rental yields across nearby communities around Auburn.

FAQ & Knowledge

Frequently Asked Questions about Cap Rate & Rental Yield in Auburn

Key guidelines on property purchase, mortgage calculations, and yields in Auburn:

What Cap Rates are investors achieving in Auburn?
?
In Auburn, residential Cap Rates currently average approximately 4.5% with prevailing rents around $2.10/sqft.
How much do property managers in Auburn typically charge?
?
Full-service residential property management firms in Auburn charge between 8% and 10% of gross monthly collected rent.
Are short-term rentals strictly regulated in Auburn?
?
Municipal ordinances and HOA bylaws across Auburn increasingly mandate permits, occupancy taxes, or minimum lease terms for short-term stays.
What is the average rent-to-price ratio in Auburn?
?
Our dataset tracks median monthly lease rates alongside sales prices of $385,000 in Auburn to highlight cash-flow opportunities.
What are healthy vacancy rate assumptions for Auburn?
?
Stable rental markets in Auburn typically experience annual vacancy rates between 4% and 6%, roughly equal to 2 to 3 weeks of tenant turnover.
How do property tax reassessments impact cash flow in Auburn?
?
Purchasing rental real estate in Auburn often triggers an ad valorem property tax assessment adjustment, altering your net operating margin.
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