11 best Airbnb investment opportunities | September 9, 2022
Northeast Post and Beam on 6 acres, three bedrooms under $500k and a 9.3% cash on cash return.
3388 W Short Mountain Rd, Sneedville, TN 37869
37.58 ACRES!! Wildlife galore. Stunning views. This spacious home boasts 4 bedrooms, 2 1/2 bathrooms and basement. The other structure behind the home has 2 bedrooms/1 bathroom. Cozy up to the fireplace during the quiet winter months and watch the snow fall. All you need is your belongings and you can move right in!
$229,900
4 Bedrooms, 3 Bathrooms
Average Daily Rate: $185
Expected occupancy rate: 66%
Monthly expected income: $3,612
Monthly expected expenses: $2,549
Monthly expected cash flow: $1,063
Expected cash on cash return: 19.5%
16130 Agate Pass Road NE, Bainbridge Island, WA 98110
Great Opportunity! Nestled in a scenic enclave, this custom home designed by Bainbridge Architect, Tom Johnston, is waiting to be restored to its full potential. Add your own style & vision to this almost 3000 sq. ft, 3-level home on lush 1.3 acres of tall cedars that includes a lovely pond. The estate sellers are aware of the home's existing overall condition, the general scope of repairs needed, the importance of completing improvements, and the needed upgrading of interior living spaces. They are offering home & property at a price with that in mind and with consideration that a buyer will need to invest funds, time, & effort to restore this home to its greatest splendor.
$648,000
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $302
Expected occupancy rate: 62%
Monthly expected income: $5,521
Monthly expected expenses: $4,797
Monthly expected cash flow: $724
Expected cash on cash return: 5.1%