Investment Home: 822 Howard St, Muncie, IN, 47305, Muncie, FL - $29,844 Yearly Profit
Description

There have been a number of improvements to this property since the last owner. This is a bit unique as there's another house on the property that is unfinished that is included with this parcel. There's tons of opportunity with this! 2 main floor units are currently rented at 615/mo (through 6/24) and 119/mo (through 7/24). 1,190 is the total monthly cash flow (16,920 per year cash flow). Here's a breakdown of the tenants expenses: 820 Howard: $575/mo rent, gas: $35/mo, water: $25/mo, sewage: $25/mo, trash: $5/mo, utility admin fee $6/mo, liability to landlord $9.50/mo, and insurance admin fee is $4.50/mo for a total of $685/mo 822 Howard: $575/mo rent, gas: $35/mo, water: $25/mo, sewage: $25/mo, trash: $5/mo, utility admin fee $6/mo, liability to landlord $9.50/mo, and insurance admin fee is $4.50/mo, and pet rent of $40/mo for a total of $725/mo. Tenants pay their own electric (all on separate meters). The vacant pictures are the units upstairs. The seller has never lived in the home and he's motivated to sell!

Property Information
airbnb avg Daily
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Occupancy Rate
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Monthly HOA
$0
rental Policy
daily
Yearly Taxes
$3545
Bedrooms
4
Bathrooms
4
SQFT
2,118
Furnished
unknown
Year built
MLS
202337783

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Short-Term Rental Information
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$13,116

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