11 best Airbnb investment opportunities | December 13, 2021
Five homes above 19% cash on cash return. Homes in CA, VA, TX, GA, PA, NH, and NC.
25355 Appleton Dr, Idyllwild, CA 92549
This custom-built, year-round 4Bdrm/2.5Bth home is perfect for full-time family living or a tranquil weekend getaway. The main floor enjoys open-concept living room w/vaulted ceilings + wood-burning fireplace, flowing into a spacious dining area, then to an open kitchen w/wood flooring, custom tile counters, trash compactor, adjacent walk-in pantry + a .5 Bth w/laundry. 2 sliding glass doors provide treetop views + lead out to the wrap-around deck, great for BBQs + outdoor living. Upstairs loft provides TV/office or extra sleeping + includes a balcony. The middle level has 3 bedrooms, including the roomy master suite w/a full bath + a 15 ft. wall of mirrored-door closets. The lowest level can be a family room or 2nd master w/full Bth, currently used as a combination of both w/the pool table included. This cabin features a central vacuum, skylight in the living room, + comes completely furnished. Big pluses include easy access parking deck, under-house storage, + comes fully furnished, including dishes, pots & pans, + linens. Recent Improvements include roof, parking deck, carpeting + some appliances. Come see a great family home that will create memories lasting a lifetime!
$489,000
4 Bedrooms, 2.5 Baths
Average Daily Rate: $272
Expected occupancy rate: 70%
Monthly expected income: $5,785
Monthly expected expenses: $3,123
Monthly expected cash flow: $2,662
Expected cash on cash return: 24.5%
420 Old Park Rd, Whitetop, VA 24292
LOG CABIN HOME - aka ''THE ENCHANTED LODGE'' is located in picturesque Whitetop, VA minutes from the VA Creeper Trail, White Top Station Trail Head, Community Center and 8 miles to Grayson Highlands Park. Currently operated as a popular Airbnb, this 3 Bedroom, 2.5 Bath home is a private oasis with 16+ ACRES of wooded paradise that exudes rustic charm. The main level of the home features a spacious kitchen and dining area, laundry room, master bedroom with private bath, and a comfy den/family room with a wood burning fireplace. Step upstairs to 2 additional bedrooms, and a full bath along with a 1/2 bath. There are 2 covered porches, perfect for sipping your favorite cup of java. If you love the great outdoors, take a walk on 1 of 3 nature paths on the property. Or, sit back and relax around the fire pit and watch the sunset. If you are looking for a place to rejuvenate and de-stress, this is it! Properties like this don't come along very often. Schedule a private showing today! RECENT updates: Gravel portion of driveway graded and leveled; and partial new guttering installed and existing guttering repaired in 2021. *Sellers have scheduled NEW replacement windows and 2 exterior storm doors to be installed in Jan/Feb 2022. Septic was pumped in 2018 and well pump replaced 2019 (5 year warranty). Sellers have a lease with a 3rd party for the Christmas trees located on the property with an estimated harvest date in 2022. Lease will be assigned to the new owner(s) at closing. Contact listing agent for more details. Internet provider is Hughes.net. Property being sold ''as is''. NOTE: Some of the photos taken by drone include property that is NOT included with this acreage.
$361,500
3 Bedrooms, 3 Baths
Average Daily Rate: $257
Expected occupancy rate: 71%
Monthly expected income: $5,549
Monthly expected expenses: $2,795
Monthly expected cash flow: $2,754
Expected cash on cash return: 33.6%