12 best Airbnb investment opportunities | January 13, 2022
Popular locale, under $395k with a 36.3% expected cash on cash return. 5 above 20% cash on cash. Today's list: ME, OH, NY, TN, NC, NH, CO, PA, MN, and OR.
65 Ocean House Rd, Cape Elizabeth, ME 04107
The moment you step into this charming 1940's Cape you know you are home. Walk into the sweet kitchen with granite countertops, tile backsplash, and built-in spice racks. In the perfect sized dining room, there is a built-in china cabinet to display your treasures and a gorgeous shell light fixture. Enjoy the views out the sliding glass doors of your .72 acre, fenced backyard. Around the corner is the living area where you will find a full wall of built-in bookshelves and a perfect window seat in the middle with hidden storage underneath. Capping off this special room is a wood fireplace and a glass front door leading to a fantastic front porch. Upstairs there is an updated bathroom with a surround tile shower and tile flooring as well as fabulous fixtures by Delta. There is even an external EV plug for your vehicle. A ton of care has been put into this home (see the features and updates sheet!).
$395,000
3 Bedrooms, 1 Bath
Average Daily Rate: $265
Expected occupancy rate: 60%
Monthly expected income: $4,693
Monthly expected expenses: $2,844
Monthly expected cash flow: $1,849
Expected cash on cash return: 20.8%
7220 Cubbage Rd, Westerville, OH 43081
OPEN SUNDAY 1/16 FROM 1-3 PM! Wishing for more outdoor space in Westerville? Cool and crisp 3 level split offers 2300+ sq.ft. of living at its best on 1.3 acres near Hoover Reservoir. Great room open floor plan pops with wood vaulted ceiling, sparkling kitchen with Corian counters, subway tiles, open shelving, & stainless steel appliances. Breakfast bay and three season room expand your space on the first level. 3 bedrooms & 2 updated full baths up the open stairway. Lower level family room with plush carpet, gas log stove, a WFH office or 4th bedroom and laundry/storage room with walkout to the backyard. Fresh style throughout and room to roam in this country-like setting with mature trees. Close to Uptown Westerville, Easton, John Glenn Airport & all major freeways.
$399,900
4 Bedrooms, 2 Baths
Average Daily Rate: $217
Expected occupancy rate: 63%
Monthly expected income: $4,034
Monthly expected expenses: $3,224
Monthly expected cash flow: $810
Expected cash on cash return: 9%