10 best Airbnb investment opportunities | November 9, 2022
Lakefront northeast home, four bedrooms under $500k and a 10.7% cash on cash return.
395 Shippee Rd, East Greenwich, RI 02818
Stunning, one of a kind Lindal Cedar home situated on 4+ private acres in desirable East Greenwich. This highly functional and flexible floor plan is ideal for any lifestyle - the sun-drenched, two-story great room, featuring a wall of glass and a custom brick fireplace leads to the updated granite kitchen and dining area. Glass door leads to the outdoor oasis including an expansive, wrap around tiered deck and tranquil yard space. Exquisite architectural details and craftsmanship throughout including features such as timeless, solid wood paneled walls and detailed wood ceilings and floors throughout. Finishing the first floor is bedroom, full bath, den or potential fourth bedroom, greenhouse with a built-in utility sink, and an accessory dwelling over the garage perfect for a secluded home office. The open, modern staircase leads to the second floor boasting a cathedral-ceiling primary-suite with french doors leading to a sun-filled sitting-room, ample closet space and full bathroom. This floor also includes an additional spacious bedroom. Air conditioning, first floor laundry, mudroom and whole house generator. Lower level has ample storage. Oversized heated 2 car garage. New septic installed in 2020. Ideally located.. Just minutes to highway access, top rated schools, shopping, restaurants, marina, nature trails and downtown EG.
$659,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $333
Expected occupancy rate: 63%
Monthly expected income: $6,381
Monthly expected expenses: $5,536
Monthly expected cash flow: $845
Expected cash on cash return: 5.7%
1639 Old Topanga Canyon Rd, Topanga, CA 90290
Chaparral Peak Pool Home. Virtuoso Views. This home has been distilled to its purest essence, and recreated as an exquisite, modern abode, wrapped in extraordinary views, with a high-ceilinged Great Room, redone everything, and a stunning Mod Pool, with windows on the view! Drive up your gated drive, to your gleaming home set on the top of a hill. Step up hand-built stone steps to a grassy courtyard, framed with a glass wall and the pool to one side, and the sleek modern door on the other. The lofty great room envelops you in views, and comforts with a cement clad fireplace. You are irresistibly pulled through the glass doors to the steel reinforced deck, and the dazzling, rugged, rock formations of Topanga's own Big Rock! You may never leave the deck, but if you do, the bright, new, open, kitchen, with CaesarStone counters and high end appliances, will be where your family and friends find you. The Main Suite, with glass doors to the front yard, eastern views of mountains and sunrise, glass walled closets leading to a gleaming new bath with a Live Edge counter and shower large enough for two, is your private sanctuary.
$1,999,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $799
Expected occupancy rate: 63%
Monthly expected income: $15,311
Monthly expected expenses: $13,362
Monthly expected cash flow: $1,949
Expected cash on cash return: 4.6%