7 best Airbnb investment opportunities | August 15, 2022
Lake cabin up north, 4 bedrooms under $485k and a 16.8% cash on cash return.
48 Balsa Ct, Ellijay, GA 30540
Spectacular RIVER FRONTAGE on the Coosawattee River. Great RIVER VIEW from almost every room as this home sits on a beautiful curve of the river. 3 levels of living. You'll be wow'd as you enter the great room w/massive wall of windows, vaulted ceiling & floor-to-ceiling stack stone fireplace. Super nice kitchen w/high-end SS appliances, custom cabinets, stone backsplash, & pantry. Main floor master, huge marble tile shower & soaking tub. Lg LOFT w/VIEW! Finished terrace level has a 2nd kitchen, family room, 2 BR's & full bath. Outdoor living abounds w/4 porches (including screened porch), hot tub, fire pit, river pavilion, outdoor shower, river deck & steps built to the river. (Home is not in the floodplain) Fantastic potential for vacation rental; yet never been in the rental program. Located in popular river resort, 15 min. from Ellijay, amenities galore! (Tennis, fitness, 3 pools, river parks, & more)
$649,777
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $253
Expected occupancy rate: 61%
Monthly expected income: $4,561
Monthly expected expenses: $3,079
Monthly expected cash flow: $1,482
Expected cash on cash return: 10.4%
4358 Highway 61, Two Harbors, MN 55616
LAKE SUPERIOR PROPERTY: Come and check out this newly listed property today. Gorgeous parcel of land with 2.65 acres, 362’ of ledge rock shoreline, located away from Hwy 61 with no traffic noise. Located 4 miles from Split Rock Lighthouse State Park & 3 miles from Beaver Bay, this is a great location for your getaway vacations. The Gitchi Gami bike trail runs along this property & Tettegouche State Park, ski & hiking trails are close by. This offers one of the best locations for easy access to all of the North Shore recreational activities. The property features a Seasonal Cabin with lots of charm & nostalgia. The cabin offers two bedrooms, kitchen, living room bath, screen porch, deck & the BEST panoramic views of Lake Superior. Drive into the property on a small windy road that opens up to the cabin overlooking Superior. Electricity, well & Septic on property. The septic will need replacing, $20,000 in Escrow for new system. One of a kind property, sweet cabin, additional building sites, a perfect North Shore retreat!
$725,000
2 Bedrooms, 1 Bathrooms
Average Daily Rate: $319
Expected occupancy rate: 60%
Monthly expected income: $5,646
Monthly expected expenses: $4,405
Monthly expected cash flow: $1,241
Expected cash on cash return: 7.9%