10 best Airbnb investment opportunities | August 17, 2022
Lake house with 400' of frontage up north, two bedroom. Under $300k and a 20.2% cash on cash return. In today's premium newsletter.
29 Lexie Lane, Roscoe, NY 12776
Meet Fernside - two homes, both full-season and turnkey, just minutes from essential Catskills towns like Roscoe and Callicoon, and 120 miles from NYC. The original home has been thoughtfully renovated with entertaining areas inside and out. The design-forward, newly built guesthouse is the capstone. The main house features an open plan living area, three bedrooms, shared bathroom, and wood stove. A generous deck invites grilling, dining, sunbathing. The guesthouse is a modern studio with a sleeping loft, kitchen, bathroom, wood stove, and large sundeck. It features clean lines throughout with many opportunities for usage. With its separate driveway, you can use this space to work from home, as a guesthouse, or a well-contained short-term rental. Check out the brochure for a list of renovations to the main house, new construction details and other practical elements. The grounds are home to wild blueberry bushes, yoga deck, hot tub, and a fire pit for late night storytelling.
$595,000
4 Bedrooms, 2 Bathrooms
Average Daily Rate: $254
Expected occupancy rate: 60%
Monthly expected income: $4,501
Monthly expected expenses: $2,492
Monthly expected cash flow: $2,009
Expected cash on cash return: 15.4%
924 Valley Westside Rd, Colville, WA 99114
Over the breath-taking view of the Colville Valley sits this lovely 3-bedroom, 3-bathroom log home. You ascend to your private sanctuary, from the easy access off the paved county road, just 7 minutes from the city of Colville. A large deck hoovers over the endless views from this amazing home. With an open floor plan, high ceilings & banks of large windows, the openness is endless. Beautiful maple kitchen cabinets, an expanding rock hearth for the wood stove, a newly remodeled luxury master suite, allprovide an exceptional touch of superior craftsmanship in the construction of this home. A large shop, a woodshed, and an attached 2 stall carport, make it an absolute must have in elegant country living.
$560,000
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $253
Expected occupancy rate: 67%
Monthly expected income: $4,999
Monthly expected expenses: $3,785
Monthly expected cash flow: $1,214
Expected cash on cash return: 9.8%