Off-Market Property at 708 S Brittain Ave, Muncie, IN, 47303

708 S Brittain Ave, Muncie, IN, 47303

$109,900

Description

Profitable Investment Opportunity: Off-Market Listing: Resideline estimates that this property can be rented on Airbnb for an average of $128 per day and long-term for an average of $915 per month, based on similar listings in the area. Estimated short-term cap rate of 14.1%. Estimated long-term cap rate of 0.8%. Part of a possible 10 package deal all in Muncie. This property features 2 beds/1 bath. It's currently rented for $1,000 a month, on a year lease. Lease ends 11-30-24. Tenants pay all utilities. It also has a spacious kitchen/dining room/family room area, carport, driveway, large backyard, and it is a quick drive to BSU. Possible Muncie package deal with: BSU 1016 W Marsh St # 21956790 921 W Neely Ave # 21956792 823-825 W North St # 21956801 1701 W Adams St # 21956805 1714 W Adams St # 21956811 327 S Talley Ave # 21956821 600 S Brittain Ave # 21956824 Southside 2304 S Pershing Dr # 21956830 2413 S Ebright St # 21956835

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$3134
Bedrooms
2
Bathrooms
1
SQFT
1,092
Furnished
unknown
Year built
1940
Listing Status
Off Market
MLS
21956825

Short-term Rental Potential
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$25,608

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$100

Price/SQFT

Long-term Rental Potential
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$10,980

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$915/mo

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