13 best Airbnb investment opportunities | September 16, 2022
Three bedroom A-frame up north under $200k and an 18.7% cash on cash return. And other unique finds, in today's Premium newsletter.
33 Treasure Island Road, Shapleigh, ME 04076
Original mid-century 1960's cottage upgraded to modern lakeside luxury. Custom tile bathroom with stainless steel rain shower. Modern eat-in kitchen with induction range, Bosch dishwasher, quartz countertops and backsplash, and range hood with exterior ventilation. Spacious great room with plenty of extra seating for guests including a built-in window bench with custom upholstered cushions and storage underneath. Large deck, level waterfront and gradual entry sandy beach facing south. Three bedrooms and one bath. New metal roof, new septic, repaired shed, restored original hardwood floors. This Treasure Island cottage is magical. Showings begin Saturday Sept 17.
$539,000
3 Bedrooms, 1 Bathrooms
Average Daily Rate: $273
Expected occupancy rate: 62%
Monthly expected income: $4,991
Monthly expected expenses: $3,909
Monthly expected cash flow: $1,082
Expected cash on cash return: 9.1%
Welcome Tranquility in the Coosawattee River resort, your secluded log cabin getaway. This beautiful stepless entry home (master and laundry on main) has been used as a vacation home and recently, a short-term rental for just a few months. Furnishings available on a separate bill of sale. Expand this home's living space with a stubbed bathroom in the basement 960sqft to play games, a bedroom, or workshop. Enjoy the privacy of this 2.27-acre property surrounded by beautiful woods just down the street from the Coosawattee River and 3 minutes to the Rec Center (indoor heated pool, gym, arcade room, mini golf, tennis, and pickleball courts) you won't run out of things to do. Ellijay, known for its vineyards, apple orchards, hiking and biking trails, embodies everything you need in a quaint mountain town. Kayak and tube in the resort! Riverfront parks and 2 outdoor pools in subdiv. and more! Near 2 vineyards, Carters lake, Blue Ridge and Jasper.
$449,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $251
Expected occupancy rate: 60%
Monthly expected income: $4,444
Monthly expected expenses: $3,435
Monthly expected cash flow: $1,009
Expected cash on cash return: 10.1%