14 best Airbnb investment opportunities | October 3, 2022
Six above 13% cash on cash return in today's Premium newsletter.
584 Toms Knob Approach Rd, Lost City, WV 26810
Mountaintop gem with panoramic ridge-top views for miles! This completely updated, impeccable cabin perched high above the Lost River Valley with stunning, dramatic views and sunsets is exactly what you have been dreaming of. Thoughtfully designed with unbelievable attention to detail, the cabin was fully gut-renovated in 2020 and has been lovingly cared for. Absolutely no detail was overlooked to ensure maximum efficiency and aesthetics in the re-design of this home. The home, expertly sited on more than 5 acres is located in one of the most sought after sections of the highly desirable Lost River Valley Property Owners Association on a well-maintained road with a private, circular driveway. The home has all new plumbing and electrical, new walls, trim, high-end Pella windows and doors, pine ceilings, and new flooring. The kitchen features all new stainless steel GE & Bosch appliances with gas cooking and butcher-block countertops. Newly built & recently stained deck with exterior lighting leads to two fire-pit areas on the ground level. Custom window treatments throughout the home, including remote controlled solar shades. Fiber-optic internet makes working remotely extremely easy. This property is located just 2 miles up the road from the Guesthouse Lost River.
$289,000
2 Bedrooms, 1 Bathrooms
Average Daily Rate: $164
Expected occupancy rate: 69%
Monthly expected income: $3,333
Monthly expected expenses: $2,096
Monthly expected cash flow: $1,237
Expected cash on cash return: 18.5%
31515 N Cedar Rd, Deer Park, WA 99006
This 4 bed, 2 bath home with a 30 x 40 shop sits on very private treed 5 acres in the great location of south Deer Park! The kitchen has granite countertops, a gas stove/range & updated appliances. Primary bedroom with two walk-in closets and full bathroom with jetted tub & walk-in two-person tiled shower. This home has two family rooms, a den/flex room & fully enclosed sunroom. The main living room has a full stone fireplace w/ vaulted ceilings. The home is heated with an energy-efficient gas furnace w/ option of the dining wood stove. Enjoy the covered wrap-around porch, the basketball half court, Sprinkler system, a fully fenced garden with raised beds, a carport & 30x40 shop with two 15 x 40-foot lean-to's on each side. The shop is heated and has power. The home is located off of a paved road & only 5 minutes to Deer Park, and 15 minutes to North Spokane. You can choice into either Deer Park or Riverside School District since it is located on the border. Schedule your showing today!
$710,000
4 Bedrooms, 2 Bathrooms
Average Daily Rate: $309
Expected occupancy rate: 66%
Monthly expected income: $6,023
Monthly expected expenses: $4,575
Monthly expected cash flow: $1,448
Expected cash on cash return: 9.4%