12 best Airbnb investment opportunities | September 19, 2022
Two bedroom new construction A-frame 3,000 ft. above sea level, under $325k and a 13.2% cash on cash return. And other unique finds, in today's Premium newsletter.
192 Discovery Rd, Breckenridge, CO 80424
This idyllic mountain retreat gives a nod to history with its re-claimed timbers from the Cucumber Gulch Mine but also offers the perfect blend of unique architectural coolness just not found in today’s market. As you enter this property you realize you are about to experience something very special from the Viking Appliances complemented by soapstone and pine beetle countertops, a cozy year round sunroom, unique sunken great room and amazing spa like bath with a rare Japanese soaking tub.
$1,375,000
3 Bedrooms, 3 Bathrooms
Average Daily Rate: $476
Expected occupancy rate: 63%
Monthly expected income: $8,852
Monthly expected expenses: $7,163
Monthly expected cash flow: $1,689
Expected cash on cash return: 5.8%
51 Alpine Way, Rangeley, ME 04970
Delight in panoramic views of Rangeley Lake and the surrounding mountains from this turn-key four-season vacation home with deeded lake access. This extensively renovated and FULLY furnished home has 4 bedrooms, including one bedroom on the main floor; 2 full baths, including laundry; new kitchen with custom cherry cabinets, gorgeous large island for entertaining, new appliances, and pantry; bright dining area with built-in buffet / coffee station; and living room with fieldstone fireplace with granite hearth. Wide pine floors and custom shiplap are throughout the main floor. The lower level of this home includes 3 bedrooms, bathroom, large maple linen cabinet in hallway, utility area and an additional 350SF of unimproved space. Property includes an adjacent heated 2-car garage with workshop and storage AND more than 700SF of additional living space in upper-level great room with large view windows. Additional features adding to the comfort of this home include a whole house generator, new water heater, water filtration system, new electrical, plumbing and insulation; SMART thermostat; satellite wifi; exterior solar lighting; roof shingles and furnace are less than 10 years old. Enjoy the outdoors from more than 900SF of wrap-around deck with views from every side or a quick walk to Mingo Springs 18-hole golf course and Mingo Springs Trail and Bird Walk. Alpine Acres Association access to 600 feet of waterfront with large dock, float and picnic area. Snowmobile trail access and 20 minute drive to Saddleback Mountain!
$559,000
4 Bedrooms, 3 Bathrooms
Average Daily Rate: $292
Expected occupancy rate: 64%
Monthly expected income: $5,521
Monthly expected expenses: $4,023
Monthly expected cash flow: $1,498
Expected cash on cash return: 12.2%