10 best short term rental investment opportunities | October 22, 2021
12876 120th Ave, Grand Haven, MI 49417
Log home situated on 5 acres. This home has a true log home feel with beautiful tongue and groove ceilings, a stone fireplace and a great open floor plan. The kitchen features a center island, w/ built in desk, open to dining area and screened in porch, deck one side & spacious LR w/ tall ceilings & an open loft on other side. Poss 2 sleeping areas in the loft. Enjoy a main floor B/R w/ laundry and door to bath. LL is another area is used as a B/R with full bath but could be another F/Rwith a bedroom. Acreage to play and build pole barn. A 10-15 min to Grand Haven or Holland's downtowns and beaches and just 2 miles to Grand River Access. Only 30 min to GR make this location easy to enjoy all West MI has to offer. Sold as is. Any & all offers not presented until 10-26-21 at 5:00pm.
$249,900
3 Bedrooms, 2 Baths
Average Daily Rate: $238
Expected occupancy rate: 58%
Monthly expected income: $4,191
Monthly expected expenses: $2,489
Monthly expected cash flow: $1,702
Expected cash on cash return: 29%
117 Arrowhead Pass, Blue Ridge, GA 30513
LONG RANGE VIEW! Located in the desirable log home community of Cherry Lake this true log cabin has it all! Features include open floor plan, great room with wood burning fireplace, huge wrap around porch, oversized loft, and finished basement with family room. This cabin would make a perfect weekend get away or short term rental. The HVAC is brand new and the list price includes an additional lot for privacy. A must see cabin!
$549,900
3 Bedrooms, 3 Baths
Average Daily Rate: $251
Expected occupancy rate: 62%
Monthly expected income: $4,732
Monthly expected expenses: $3,751
Monthly expected cash flow: $981
Expected cash on cash return: 8.1%