10 best short term rental investment opportunities | October 23, 2021
24545 Mulberry Dr, Southfield, MI 48033
Custom mid-century modern home designed by Young. Wide planked hardwood flooring in the great room with two way natural fireplace, open wet bar with Mahogany cupboards, and a spiral staircase to the loft with a bedroom & half bath. Balcony overlooks the great room & dining area. Family room with built-in shelves & doorwall leading to the Redwood deck and gorgeous backyard. Fabulous glass greenhouse overlooking yard, just off dining room with unclaimed brick floor, with separate furnace.4 stairs up to three spacious bedrooms on the second level. Large master suite with an abundance of closets. One bedroom on main floor. Kitchen with wood cabinets,2 warming drawers, & skylight. Inground pool, not operational. House being sold "AS IS". Agent must accompany Buyers and be present for all showings. No For Sale sign on property.
$299,000
5 Bedrooms, 4 Baths
Average Daily Rate: $151
Expected occupancy rate: 74%
Monthly expected income: $3,403
Monthly expected expenses: $2,212
Monthly expected cash flow: $1,191
Expected cash on cash return: 17.3%
33 Cottage Pl, Westbrook, ME 04092
Step into your new oasis of a home. An original John Calvin Stevens designed home on a beautiful historic one way street, lined with so much history. This tastefully remodeled & updated home allows for first floor living w/bedroom, bathroom, open kitchen & living room allows for great entertaining space, front entry/mudroom & deck of the back. The second floor offers 3 additional bedrooms, bathroom w/laundry area, office space & a large walk in closet. New kitchen, redone hardwood floors, updated bathrooms, Heat Pumps, deck, exterior & so much more. Call today for a private showing!
$399,950
4 Bedrooms, 2 Baths
Average Daily Rate: $230
Expected occupancy rate: 57%
Monthly expected income: $3,987
Monthly expected expenses: $2,182
Monthly expected cash flow: $1,805
Expected cash on cash return: 20.1%