16 best Airbnb investment opportunities | May 7, 2022
Seven over 15% cash on cash return. Today's list: ME, VT, PA, MI, AR, IL, CO, GA, WA, and TN.
53 Marilyn Lane, Lamoine, ME 04605
Enjoy Maine waterfront living at this peaceful oceanfront property situated on 2.28 acres with 223' +/- of shore frontage on Berry Cove and stunning southern views of the mountains of Acadia. ''Project Serenity'' has been in the same family for generations and is being offered for the first time to the market. Set at the end of a private road, this lovingly built and maintained classic log home features a spacious living and dining area with a cathedral ceiling, customhardwood floors and large windows providing plenty of natural light. A beautiful stone fireplace is the focal point of the living room offering added warmth and ambiance for fall and winter evenings. A four season sunroom spanning the front of the cabin provides cool relief on hot summer days and a cozy spot to read a book and watch the snow fall on a winter day. The first floor is complete with a spacious primary bedroom and full bath.
$795,000
3 Bedrooms, 1 Bathrooms
Average Daily Rate: $325
Expected occupancy rate: 56%
Monthly expected income: $5,362
Monthly expected expenses: $4,396
Monthly expected cash flow: $966
Expected cash on cash return: 5.6%
494 Brook Hill Road, Barnet, VT 05821
This is one of those homes you don’t forget. Its unique architectural design is apparent the moment you approach the home. Peaked gables, tall windows with transoms above, rich stained clapboard siding with cedar shake accents make such a statement, you can’t wait to see the inside. The contemporary interior offers one-level living, featuring vaulted ceilings, brick accent wall, wide pine floors, and ensuite primary bedroom. There is plenty of room in the kitchen to keep the cook company. In the winter, nestle next to the woodstove, and in the warmer months, lift the glass garage door off the kitchen to bring in the outdoors. The views of an up-close Vermont country landscape are lovely year-round. You can take a short walk to Joe’s Brook Farm and gather your organic vegetables and meats for true “farm to table” living. All of this and easy to get to - within 10 minutes to St. Johnsbury for shopping and I-91 and I-93 for convenient travel
$585,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $297
Expected occupancy rate: 63%
Monthly expected income: $4,349
Monthly expected expenses: $3,177
Monthly expected cash flow: $1,172
Expected cash on cash return: 11.4%