11 best Airbnb investment opportunities | June 29, 2022
Five above 21% cash on cash return, including one on Northeast wine trail on 6 acres for under $150k, with a 28.1% cash on cash.
1525 Chuckanut Ridge Drive, Bow, WA 98232
This private Chuckanut oasis is situated on 20 acres provides sweeping views of the Bay, San Jaun Islands, Oyster Dome, Skagit Farm Lands from inside and outside the home. Mother in law studio apartment attached with separate entrance. Hardwood floors throughout and live edge accents. Central AC to keep you cool. 2-car garage with workshop space. As a bonus, located above the home is a partially finished structure with impeccable views. Perfect space for an art or yoga studio. Secret fenced garden with green house for all your planting needs.
$1,595,000
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $498
Expected occupancy rate: 68%
Monthly expected income: $9,999
Monthly expected expenses: $7,941
Monthly expected cash flow: $2,058
Expected cash on cash return: 6.1%
35 Mill Pond Lane, South Thomaston, ME 04858
Perched on the banks of the Wessaweskeag River and enjoying 118 ft of easily accessible waterfrontage, this recently renovated home awaits it's new owners! This 2 bedroom/2.5 bathroom A- Frame is being conveyed completely furnished and features a nice layout throughout the home. On the 1st floor, you'll love the open-concept living area! It comprises a large sun-filled living room, formal dining area, kitchen, full bathroom, laundry room and sliding doors leading out to a large waterfront deck. The master bedroom and guest bedroom are located on the 2nd floor, along with a half bathroom and spacious hallway closet. The lower level has been partially finished, providing a great bonus area and flexible space to the new owner. There is also a fenced side yard - perfect for your pet! Home is situated in a very desirable location. It's located on a quiet dead end lane, close to Village, Public Landing, Library, Post Office and Keag General Store - which boasts the best lobster rolls in Maine!
$479,000
2 Bedrooms,C3 Bathrooms
Average Daily Rate: $272
Expected occupancy rate: 65%
Monthly expected income: $5,213
Monthly expected expenses: $3,380
Monthly expected cash flow: $1,833
Expected cash on cash return: 17.2%