11 best Airbnb investment opportunities | April 27, 2022
Lakefront five bedroom under $480k with a 21.5% cash on cash return. Today's list: VT, NH, TN, NC, GA, CO, and NY.
26 Drew Road, Tunbridge, VT 05077
Quintessential historic Vermont hillside farm. Recent and extensive renovations and move-in ready. Historic barn (c. 1882) has graced the cover of Vermont Life magazine. Barn is beautifully preserved and a section of it has been renovated into finished, heated office space plus well-maintained animal stalls, a tack room, and a large hay loft in the barn. Classic Vermont Cape (c. 1832) with extensive, recent updates that highlight many historic features of the house including wide wood floors and exposed beams. Nice kitchen with cherry cabinets next to formal dining room. Living room has a wood burning fireplace. Perfectly set up for one-level living, with a bedroom on the first floor as well as two newer full bathrooms. Two cape bedrooms upstairs. On the way in, an attractive mud room leads to the attached garage. A newer, attached screen porch makes for wonderful 3-season relaxation and dining. The land component includes a hillside pasture above the house with fenced in areas for grazing, as well as a beautiful and sunny pasture across the road below the wonderful barn. Above the home on top of the hill are sitting areas around a frog pond and a charming pond shed - all of which have excellent views down across the house, barn and farms on the distant hills. The home has a 5.8 kW solar array (owned, and which conveys) for net electric metering - which reduces the annual electric bill to about $500/year. SHOWINGS BEGIN SATURDAY APRIL 30th. See property website.
$695,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $291
Expected occupancy rate: 61%
Monthly expected income: $5,234
Monthly expected expenses: $4,585
Monthly expected cash flow: $649
Expected cash on cash return: 4.3%
320 Shaker Road, Northfield, NH 03276
Welcome to this incredible 4 bedroom, 3 bathroom contemporary sitting in a wonderfully tranquil setting with picturesque views of the Belknap Mountain range and 3+ open acres. This energy efficient 3,000+ square foot sun filled home invites you to relax in one of it's tastefully finished rooms. The windows let sunshine in and the views will relax you. The great room enjoys a cathedral ceiling and a cozy propane fireplace. The open kitchen features granite counter tops and an island with a quartz counter top. Off the kitchen/dining area is a fantastic sun-room with floor to ceiling windows. The home is complimented with beautiful carbonized Bamboo wood flooring, multiple office/den/bonus rooms, maintenance free 6.75 KW solar panels, and a Harmon wood fired furnace as back-up. There is room for the whole family and more, with a luxurious primary suite and a full basement ready to be finished for additional living space. You can't beat the location, just minutes from I-93 Exit 20, shopping and restaurants, and just 20 minutes to Concord. Delayed showings until April 30th. Open house from 10 am - Noon.
$429,900
4 Bedrooms, 3 Bathrooms
Average Daily Rate: $297
Expected occupancy rate: 64%
Monthly expected income: $5,603
Monthly expected expenses: $3,828
Monthly expected cash flow: $1,775
Expected cash on cash return: 18.5%