10 best Airbnb investment opportunities | September 14, 2022
Northeast waterfront three bedroom under $330k and a 22.9% cash on cash return. And other unique finds, in today's Premium newsletter.
56 East Side Drive, Ossipee, NH 03864
Waterfront home on Duncan Lake contains 5 bedrooms and 3 bathrooms, plus 2 large sofa beds in the rec room. On the main floor are a large living room/dining room combination and a completely renovated kitchen with high end appliances, granite tops and all new cabinets. The first floor living area features cathedral ceilings, as well as a wood-burning stone fireplace. The main level also leads to a huge wrap-around deck that overlooks the lake below. There are two good sized bedrooms on this level and a totally renovated bathroom. Upstairs there is a large loft overlooking the family room, which leads to a large master bedroom with a very spacious closet and bathroom.The lower level contains a family room, adjacent to which there is a large deck which has lake access. At the waterfront, there is a large platform for lounging that leads to the pier. The downstairs also has two additional bedrooms, a full bath, several large closets, and a large W/D in the utility room. The interior was completely remodeled 10 years ago, including replacement of the pine floors and most walls. The roof was replaced 2 years ago; the boiler was replaced in 8/22; the entire exterior of the home, decks and steps have just recently been stripped and stained; and the full house generator has been recently serviced. The home is being sold completely furnished, including the Weber grill, outdoor furniture dishes, utensils, oriental rugs, 4 flat screen TVs, multiple kayaks and water toys.
$795,000
5 Bedrooms, 3 Bathrooms
Average Daily Rate: $340
Expected occupancy rate: 66%
Monthly expected income: $6,611
Monthly expected expenses: $5,169
Monthly expected cash flow: $1,442
Expected cash on cash return: 8.3%
2 Redwood Ln, Mill Valley, CA 94941
Ever wanted to strike the ideal balance of living minutes from town, yet just as close to nature? Well, good luck finding a better match! Via the Dipsea steps, it's a quick jaunt to both downtown Mill Valley & to the majestic trails and beaches of southern Marin. This location is a gold mine for lifestyle seekers! After significant investment since 2020 (new roof, skylights, HVAC, floors, drainage, & more), this home is in outstanding shape for its next owners. The homey floor plan in the main living area is inviting & bright while keeping a feeling of privacy intact for the two adjacent bedrooms and full bath. Outside, the deck amongst the redwoods is a classic CA setting. Mosey downstairs to the 3rd bedroom, a full bath and laundry room. With a separate entrance on this floor, one could be creative and flexible in how this space is used. Private parking for 2 cars (1 covered) and ample storage round out this gem of a home, a great fit for all who seek a fulfilling lifestyle.
$1,295,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $450
Expected occupancy rate: 72%
Monthly expected income: $9,558
Monthly expected expenses: $8,108
Monthly expected cash flow: $1,450
Expected cash on cash return: 5.2%