11 best Airbnb investment opportunities | August 31, 2022
Seven bedroom just off the lake, under $700k and a 7.8% cash on cash return. And a two bedroom A-frame out west under $400k. In today's premium newsletter.
13309 Fernie Way, Redding, CA 96003
UNIQUE, ONE OF A KIND geodesic dome house with 4 spacious bedrooms and 3.5 baths! This amazing home sits on over 2 ACRES with a spring fed, YEAR ROUND POND and SEASONAL CREEK. Inside features include soaring ceilings with a massive skylight and a large centrally located kitchen with center prep island and adjoining dining space. 2 separate owner suite's with walk in closets, loft, large view windows and large double sliding doors that lead to the deck that overlooks the pond. Property has cherry, peach and apple trees and shed w/greenhouse and SOLAR!!
$399,900
4 Bedrooms, 4 Bathrooms
Average Daily Rate: $247
Expected occupancy rate: 66%
Monthly expected income: $4,888
Monthly expected expenses: $3,228
Monthly expected cash flow: $1,660
Expected cash on cash return: 18.5%
845 Main Street, Silver Plume, CO 80476
Historic Gothic Revival church lovingly transformed into a Luxury residence. This high end renovation has turned this former Catholic church into an amazing loft-style residence. This could be your unique private home, a destination Airbnb/Vrbo or a place for corporate retreats. The original rooms have received high end updates while keeping the original charm, gleaming wood floors and architectural integrity. Upon entry through the massive oak entry doors into the foyer this home will spellbind guests. The ceilings soar and are enhanced by custom lighting. The original stained glass windows add to the grandeur and let the sunlight warm the space. The main parishioner space is now a great room with combined living, dining and family room areas. A custom dining set has been crafted from the original church pews and will go with the home. The grand alter with its hand painted celestial mural and up lighting is now a wonderful seating area but could be used as a stage for corporate speakers. Each bedroom is unique and all are non-conforming. When this space was redesigned the openness was kept in tact.
$675,000
4 Bedrooms, 4 Bathrooms
Average Daily Rate: $282
Expected occupancy rate: 72%
Monthly expected income: $5,991
Monthly expected expenses: $4,240
Monthly expected cash flow: $1,751
Expected cash on cash return: 11.9%