8 best Airbnb investment opportunities | June 6, 2022
Five above 12% cash on cash return. Today's list: CA, GA, PA, NH, NY, and TN.
10309 Jeffery Pine Rd, Truckee, CA 96161
This charming Gambrel-style home on a large sunny lot in the heart of Sierra Meadows has been completely renovated with a new kitchen, bathrooms, hickory wood floors and customized built-in features throughout to maximize storage efficiency and modern mountain design elements. Centrally located to North Lake Tahoe ski resorts and walking distance to historic downtown Truckee and The Rock shopping area, the homeowners have dedicated love and intention to every square inch of this space.
$869,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $360
Expected occupancy rate: 65%
Monthly expected income: $6,899
Monthly expected expenses: $4,496
Monthly expected cash flow: $1,953
Expected cash on cash return: 10.4%
186 July Ln, Blue Ridge, GA 30513
"Rock N River" provides stunning rustic elegance with the sights and sounds of flowing water over the rocks on beautiful Fightingtown Creek. Sit by the outdoor fireplace & relax amid the forest hardwoods and hemlocks, fish or float on tubes on the extra wide creek. Take a dip in the hot tub under the stars or shoot some pool on the terrace level. It's all yours in this ROCKIN' Keith Sumner cabin. Established vacation rental in very private location comes turn key, so no interruption in the successful income producing property (furniture under sep bill of sale). Gross revenue 54k in 2021 (owner used 123 days). Just 6 miles from downtown Blue Ridge or McCaysville/ Copperhill. This property comes with 1/2 interest in neighboring lot with walkway to water for 140' of creek frontage.
$840,000
4 Bedrooms, 3 Bathrooms
Average Daily Rate: $395
Expected occupancy rate: 55%
Monthly expected income: $6,404
Monthly expected expenses: $4,529
Monthly expected cash flow: $1,875
Expected cash on cash return: 10.3%