7 best Airbnb investment opportunities | May 31, 2022
Four above 17% cash on cash return including a beauty in Turtletown.
742 Sassafras Ridge Rd, Turtletown, TN 37391
Looking for a beautiful long range mountain views with the privacy of 5 acres for an affordable price? This home offers everything you've been looking for! Porches wrap around the home for plenty of outdoor living space. Open great room/dining room/kitchen area with cathedral ceilings and a fireplace for those cozy fall evenings. Generously sized bedrooms and an oversized Master suite upstairs with a large walk in closet and loft area perfect for your home workspace. Nice level terrain outside to enjoy your firepit! There is a spacious shed outback with tons of possibilities! Sold mostly furnished. This one won't last!
$339,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $208
Expected occupancy rate: 65%
Monthly expected income: $3,998
Monthly expected expenses: $2,421
Monthly expected cash flow: $1,577
Expected cash on cash return: 20.4%
543 Lucado Hollow Rd, Pearisburg, VA 24134
This is one beautiful secluded location. This home sits on 63 acres that is situated above the New River. You can access the river from the property from a path cut down to it. Once inside the home there is all the charm of a great modern mountain cabin. On the main level you will find an good sized living room to which has sight lines to the kitchen and dining rooms. In the living room there is a fireplace to cozy up to on those cold winter days. Also on the main level you will find a beautiful master bedroom with vaulted ceilings. Up the spiral staircase you will find 2 great sized bedrooms with the second full bath. The property has 2 outbuilding and a small pond for your pleasure. This property would make a great weekend get a way home or live in it full time if seclusion is your desire. You must have an agent with you to view property. NO DRIVE BY's ALLOWED.
$339,900
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $274
Expected occupancy rate: 55%
Monthly expected income: $4,444
Monthly expected expenses: $3,083
Monthly expected cash flow: $1,361
Expected cash on cash return: 15.1%