Off-Market Property at 2102 S Elm St, Muncie, IN, 47302
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2102 S Elm St, Muncie, IN, 47302

$94,000

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 $832 per month, based on similar listings in the area. Estimated short-term cap rate of 17.9%. Estimated long-term cap rate of 2.9%. Cute 2 bedroom home: Ready for the new owners to move right in: Fresh paint, new vinyl plank flooring, carpet in bedrooms, new electric water heater, new vinyl windows, new plumbing, brand new kitchen and bathroom, including cabinets, countertops, sink/faucets. Bathroom has a new tub, toilet and vanity. New lighting fixtures. Fresh paint. Enjoy the summer nights sitting out on your front porch.

Property Information
Airbnb Avg Daily
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Occupancy Rate
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Monthly HOA
$0
Rental Policy
daily
Yearly Taxes
$1269
Bedrooms
2
Bathrooms
1
SQFT
1,064
Furnished
unknown
Year built
1914
Listing Status
Off Market
MLS
21970731

Short-term Rental Potential
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$24,144

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$88

Price/SQFT

Long-term Rental Potential
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$9,984

Revenue
Expenses
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Profit
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Cap rate
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Cash on Cash
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$832/mo

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