Off-Market Property at 800 W Lindweth Pl, Muncie, IN, 47303
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800 W Lindweth Pl, Muncie, IN, 47303

$144,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $299 per day and long-term for an average of $2,016 per month, based on similar listings in the area. Estimated short-term cap rate of 46.3%. Estimated long-term cap rate of 7.3%. Duplex, unit 1 is currently rented for $850/month, unit 2 is leased for $675/month on a 2 year lease.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$4294
Bedrooms
5
Bathrooms
3
SQFT
2,037
Furnished
unknown
Year built
Listing Status
Off Market
MLS
202337396

Short-term Rental Potential
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$80,700

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$71

Price/SQFT

Long-term Rental Potential
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$24,192

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$2,016/mo

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