It’s Waiting for You
Rental income is just standing around, waiting. Waiting for you to get up, and go get it. You’ve read the tips and tricks to gaining rental income and prepared yourself to avoid losing rental income, and now we give you how to make it with us, Mashvisor.
Real estate investors like you are our best friend. And we always work to be your best friend too. You’re Batman, we’re Robin. Like Wonder Woman and her trusty Lasso of Truth, every hero needs a sidekick, whether it’s another person or a tool.
We can be both. Especially the best real estate investment tool out there, ready to assist you on all your heroic investment property missions. We aim to give you the real estate analytics you need to feel confident in the investment property you want.
A Taste of What Mashvisor Can Do for You
Maybe you don’t have a specific property in mind, but you know you want to make rental income. We’re able to help you search for rental properties in the area of your choice, no matter where. In this way, you can see the numbers we’re talking about today, like cash on cash return, cap rate, projected rental income, and occupancy rates.
All sounds good, right? There are real estate performance metrics you don’t want to miss out on. We want to get you as close as possible to making money in real estate, especially through rental income. As we crunch the numbers for you, you’re able to have a property valuation, along with an idea of what base rental income you can expect.
This is a small taste of what our product can provide to you as a real estate investor. We want you to make that rental income just as much as you do. If there is a will, there’s a way. The Mashvisor way.
Now, we give you some of the most important real estate analytics used to evaluate your property to know if you’re going to make that rental income. All the metrics we’re going to mention can be provided to you by Mashvisor. We are ready so long as you are, so let’s go.
Rental Income Indicator #1 – Cash on Cash Return
The cash on cash return rate is a metric that is used to calculate how much cash is actually earned on the cash originally invested in the rental property. Cash on cash return is a good measure of the annual return a real estate investor makes on the investment property (in relation to the down payment, the closing fees, and other purchase related cash costs).
This allows you to really choose the investment strategy most suitable and how the cash will be distributed throughout the lifetime of your investment. Having a clear business plan allows you to reach your goals much faster, and the cash on cash return analysis takes part in that.
Rental Income Indicator #2 – Cap Rate
We describe cap rate as the rate of return you get from your investment property, all based on the rental income the income producing property is expected to generate. This is the ideal metric used to estimate how much return you can expect on your investment.
Rental Income Indicator #3 – Occupancy Rates
You want your rental property to have high occupancy rates and low vacancy rates. Why? Because that means your rental property is doing its job: being rented out! The occupancy rate describes the ratio of rented units in your investment property to the total amount of available units in the rental property.
The occupancy rate is crucial to you as a real estate investor because it’s a good indicator of the anticipated cash flow from the investment property. If you take the chance and buy a rental property with a relatively low occupancy rate, you will have to consider the risk of not filling the units.
This means extra costs of not having tenants, advertising, maintenance, and property tax on units that are not even occupied. Those are a lot of factors that take a bite from your rental income cake. That is your cake, not theirs!
Mashvisor in Action
We would like to give you a glimpse of how real estate investors like you have given our product a try. Now, we talk a little bit about Kate, a Mashvisor user, and how she started her journey with Mashvisor.
So We Had to Step In!
Once Kate handed us her numbers, we made a comparison to see just how accurate our projected real estate analytics were in comparison to Kate’s actual numbers. Kate did take the Airbnb investment strategy route, so we took a look at the digits.
Below is a screenshot of the Waikiki neighborhood projections as of December 2016, the same time Kate shared her numbers. The table compares Mashvisor’s data to Kate’s reporting.
To start looking for and analyzing the best investment properties in your city and neighborhood of choice, click here.
|
Average Monthly Airbnb Rental Income | Average Monthly Airbnb Cash on Cash Return | Airbnb Occupancy Rate |
| Kate’s Actual Numbers | $3,684 (gross) | 6.98% | 96% |
| Mashvisor’s Calculations | $3,373 (gross) | 7% | 61% |
Note: This is not Kate’s first Airbnb listing, meaning she has built up quite an impressive reputation in the area. No surprise we consider Kate to be one of the most successful real estate investors.
The reputation she built for her Airbnb property has a competitive edge against the local competition, which is why her rate was higher than what we anticipated. Those positive reviews on Airbnb really do you good, wouldn’t you say?
Related: Airbnb Reviews: Top Influencers Affecting Your Occupancy Rate
We Have Proven Ourselves Accurate, Don’t You Think?
As you compare Mashvisor’s projected numbers with Kate’s actual numbers, the findings are quite astonishing. Although there is about an 8% difference in the actual rental income versus the projected, there is only a 1% difference in the cash on cash return rates. As Kate said in her own words the “data is surprisingly accurate!”
We think we did a pretty good job, wouldn’t you say so? Our predictive analysis is relatively similar when compared to Kate’s actual data. The actual returns are just one real estate metric that can vouch for Mashvisor’s accuracy. Our product is able to give approximate estimations to help real estate investors like Kate and like you. How?
With these estimations, property investors like yourself are able to gain the insight you need to feel confident when you want to spill the dollars. You can also gain the confidence that the dollars spilled will come back as handsome Benjamin Franklins. Any area, any property, any neighborhood – Mashvisor is ready to project.
To start your 14-day free trial with Mashvisor and subscribe to our services with a 20% discount after, click here.
Now Get Out There, and Take Us With You
We have proven ourselves noble and worthy of you, so take us with you on your real estate investing journey. Rental income will be knocking on your door. There is plenty of money to be made out in the real estate business, so why not go out and make it?
With the help of real estate investment analytics, you are able to see the rental income flowing at the click of a button. So, give us a try, and get started on making money in real estate. Rental income wants to be in your pocket, and we suggest you let in with open arms.