10 best Airbnb investment opportunities | October 25, 2022
Four above 15% cash on cash return in today's Premium newsletter.
245 Virgil Rd, Dryden, NY 13053
This beautiful pine cabin sits back from the road surrounded by rural land and woods, nestled in the rolling hills of Dryden. Despite the spectacular nature views, and quiet privacy, it is close to everything you need, just a 1-minute drive to main street Dryden. The home boasts all that you would want with log cabin living, open concept, loft bedroom with a full tile bathroom, main level bedrooms and bathroom, cathedral ceilings, exposed beams, loads of natural light, a pellet stove, and soft wood tones throughout to provide a cozy feel. This house also has upgrades you would not expect in a log home, including spray foam insulation, interior sealing, new windows, 550 sq/ft finished basement not included in square footage, solid concreate pad in shed, and central air conditioning. Enjoy the flower and vegetable gardens in the front, or BBQ and entertain on the deck and side yard. Do not wait on this one, it won't last long!
$289,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $241
Expected occupancy rate: 65%
Monthly expected income: $4,765
Monthly expected expenses: $3,536
Monthly expected cash flow: $1,228
Expected cash on cash return: 17.3%
141 Bear Ridge Dr, Butler, TN 37640
Breathtaking mountain views! What an absolutely beautiful custom built home nestled in Bear Ridge Estates. This quiet gated community is only a 1/2 a mile from Cove Ridge Marina. This home offers an open concept with cathedral ceilings, wooden beams, stoned fireplace in the Living Room and Basement. The primary bedroom and bathroom are on the main floor; total bedrooms 5 and bathroom 4.5. Parking is not a problem, this home has a 3 car garage with 2 workshop areas and additional parking areas for guest. From the deck, you can watch the weather patterns come across Watauga Lake;or enjoy entertaining family and friends. Perfect as a primary home or as an investment opportunity. This luxurious home is just a short drive to Boone, NC, Asheville NC, Dollywood, TN and Pigeon Forge,TN. Buyer/Buyers agent to verify all information.
$777,700
5 Bedrooms, 5 Bathrooms
Average Daily Rate: $351
Expected occupancy rate: 63%
Monthly expected income: $6,726
Monthly expected expenses: $5,753
Monthly expected cash flow: $973
Expected cash on cash return: 5.6%