15 best Airbnb investment opportunities | July 2, 2022
Two story wall of windows chalet close to Appalachian Trail, 3 bedrooms, under $475k and a 16.9% cash on cash return.
8999 Swan Pointe Dr, Cheboygan, MI 49721
Finding a waterfront home on the Inland Waterway with over 200' of frontage and 15 acres is difficult but when you add this beautifully updated log home to it, life is good. The last home on a dead end street adds to the private setting perched above the Black River. No worries regarding accessing the river as a driveway takes you to the revamped docking system. The huge waterfront deck and lower level patio provides outside entertaining space while the view from the living room, kitchen and dining area is spectacular. The upstairs loft and bedroom suite provides privacy for both working and sleeping while the furnished lower level provides additional living space. The attached 2 car garage and additional storage building allows you to store your ''Up North'' toys right on site.
$650,000
3 Bedrooms, 4 Bathrooms
Average Daily Rate: $315
Expected occupancy rate: 66%
Monthly expected income: $6,132
Monthly expected expenses: $4,356
Monthly expected cash flow: $1,776
Expected cash on cash return: 12.5%
2709 Elayne Ct, Arlington Heights, IL 60005
Live the Lake Life year round in this bright and airy updated 4 bedroom, 3 bath Lake Briarwood Mid-Century Modern home! Ideally situated on a quiet cul-de-sac and approximately 134' of waterfront offering a refreshing view from the completely open floor plan of living room, dining room, kitchen and family room. The office and master bedroom upstairs bring you a bird's eye view of the entire lake. Relax on the 70' deck, rooftop terrace or just open the wall of sliding glass doors and enjoy the breeze on cool days. Master suites on both levels accommodate nicely for multigenerational living. New Hardie cement board siding, new quartz kitchen counters, new Luxury Vinyl Tile flooring in living room, dining room and kitchen, new hardwood in upstairs master bedroom. Garage door 2020, walking path 2021, brick lakeside patio and brick courtyard 2019, hot tub 2017, hot water heater, stove, dishwasher and microwave 2016. Upstairs master suite has gas line for a fireplace, double walk in closets and Jacuzzi tub, double sinks, double shower head steam shower and private commode in the bath. Main floor bath has jetted tub and separate shower.
$599,900
4 Bedrooms, 3 Bathrooms
Average Daily Rate: $348
Expected occupancy rate: 60%
Monthly expected income: $6,161
Monthly expected expenses: $4,401
Monthly expected cash flow: $1,760
Expected cash on cash return: 13.4%