13 best Airbnb investment opportunities | September 23, 2022
Three bedroom chalet in the northeast under $220k with a 20.1% cash on cash return. And other unique finds in today's Premium newsletter.
730 Watson Hollow Rd, West Shokan, NY 12494
This adorable renovated farmhouse with a mix of contemporary and rustic minimalist style, fenced garden, large detached garage, and mountain views is located on one of the loveliest roads in the area and is a perfect Catskills retreat! The cozy aesthetic in the main living space of this home will make you feel like you’re wrapped in a hug. With its gorgeous stone fireplace, wood flooring, beams, and additional wood details throughout (most of which was harvested from the property), the living room is the very essence of a warm and inviting space. The ground floor also has a bright den with tons of windows and a gas stove (perfect as a home office, library, art studio, etc); a bonus room with a large picture window framing the forest beyond that’s currently being used as a dining room; and a renovated full bathroom with laundry. A recently refreshed galley kitchen includes mahogany cabinets from a nearby 1890s home, cherry wood countertops, new appliances, and all the conveniences for cooking and entertaining. Upstairs you’ll find two charming bedrooms including the primary bedroom with an en-suite bathroom, walk-in closet, and a large deck that overlooks the garden below…such a lovely spot to enjoy the year-round mountain views.
$385,000
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $224
Expected occupancy rate: 69%
Monthly expected income: $4,551
Monthly expected expenses: $3,521
Monthly expected cash flow: $1,030
Expected cash on cash return: 11.9%
4070 Johnson Rd, Frankfort, MI 49635
Tranquility awaits with this beautiful custom-built home on over 10 acres with stunning views of Lake Michigan, adjoins over 175 acres of conservancy land and is just a short distance to the City of Frankfort. Surrounded by mature hardwoods, evergreens and beautifully landscaped this property provides the most peaceful and private setting to enjoy the beauty of Northern Michigan. Nearly 2,000 sq. foot this home features breathtaking lake views from the main living spaces, wood floors throughout, an abundance of windows to bring in natural light along with vaulted ceilings to create an open and airy feel. Radiant in-floor heat on every level is sourced by an external wood boiler with the addition of two mini splits providing a second heat source and AC. The lower level walkout features a third bedroom currently being used as an art studio but could easily be converted into an apartment and opens up to a small patio providing a nice space to sit and relax. A 30x60 pole barn is every homeowners dream and provides plenty of storage for all of your Up North toys.
$459,900
3 Bedrooms, 1.5 Bathrooms
Average Daily Rate: $274
Expected occupancy rate: 60%
Monthly expected income: $4,851
Monthly expected expenses: $3,637
Monthly expected cash flow: $1,214
Expected cash on cash return: 11.8%