10 best Airbnb investment opportunities | July 8, 2022
Mountain home out west by national forest, 4 bedrooms under $515k and a 16.4% cash on cash return.
920 Old Buffalo Ln, New Market, VA 22844
The woods are calling and you must go! Buffalo Ridge Cabin is situated at the end of a woodsy country lane. Nestled on Massanutten Mountain, it offers 270 degree wooded views of the 6.408-acre property that includes a natural stream. Privacy, convenience, and investment potential! This property contains two lots (one fully vacant) with the option/ability to build a second cabin. Enjoy perfect seclusion while being just minutes from Route 211 and I-81 (via New Market) and a short distance from Harrisonburg (25 min), Luray Caverns (20 min), Shenandoah National Park (35 min), and George Washington National Forest (12 min). Recently renovated, the cabin boasts a newly finished basement, hot tub, fire pit, and fresh landscaping. The Main Level features the Kitchen, Living Room, 2 Bedrooms, and Full Bath. An open staircase leads up to a Loft Bedroom and Half Bath. The downstairs basement provides a Family/game Room, Mini Bar, Pool table, additional bedroom and modern full bath. The house has a covered porch at the entrance and a wrap-around deck to the western side of the home. The western deck is two levels and has a hot tub on the lower level. Option to buy full
$449,000
4 Bedrooms, 3 Bathrooms
Average Daily Rate: $219
Expected occupancy rate: 67%
Monthly expected income: $4,333
Monthly expected expenses: $3,121
Monthly expected cash flow: $1,212
Expected cash on cash return: 12.1%
152 West Road, Washougal, WA 98671
Stunning Cabin sets on a bend in the Washougal River with the best Swimming Spot around. Secluded, Quiet, and Private are just a few of the amenities offered by this Rustic 1 Bedroom, 1 Loft, & 1 Bathroom Cabin on almost an acre. Cabin has been used for family gatherings, holidays, and summer getaways for decades and is ready for someone else to make lifetime memories here. The property has room for tent or trailer camping and multiple outdoor actives. Short walk across the bridge to Washougal River Mercantile for treats or supplies. A truly amazing opportunity to own an a very special property.
$499,000
1 Bedrooms, 1 Bathrooms
Average Daily Rate: $289
Expected occupancy rate: 70%
Monthly expected income: $5,963
Monthly expected expenses: $4,500
Monthly expected cash flow: $1,463
Expected cash on cash return: 13.2%