9 best Airbnb investment opportunities | December 18, 2021
Two houses above 22% cash on cash return. Just an OK list today. Homes in MT, IL, CA, AZ, GA, NY, OR, and VA.
12891 Sadie D Dr, Nevada City, CA 95959
This is a fantastic log home and a 5 minute walk to Scotts Flat Lake. You'll love the high pitched wood beam ceilings in all its rustic glory. This cool home has new appliances in the kitchen along with the pretty stone work every where you turn including the lovely fireplace hearth. Upstairs is large family room and master bedroom. The lower level is waiting for a full basement remodel should you need more room. It is truly the perfect mountain get-away for friends or wonderfully suited for a year-round family. The outdoor deck will inspire many outdoor gatherings, minutes to the boat launch or walk to the lake and only 15 minutes to downtown Nevada City. Come lived the charmed life, almost lakeside living.
$525,000
3 Bedrooms, 2 Baths
Average Daily Rate: $290
Expected occupancy rate: 64%
Monthly expected income: $5,649
Monthly expected expenses: $3,828
Monthly expected cash flow: $1,821
Expected cash on cash return: 15.4%
110 Edgar St, Lincoln, IL 62656
Mysterious black octagon shaped home on an expansive secluded .52 acre lot! No square rooms -- extraordinary design! Main floor of home features an inviting foyer, open living/dining concept with a corner gas log fireplace, French doors, and laminate flooring, a fully equipped galley kitchen with granite countertops, comfortable bedroom, full hall tiled bath, and a large tiled laundry/mudroom. Travel up the captivating spiral staircase to an exquisite bright and airy master loft with soaring cathedral ceilings, three skylights, and a stunning private tiled bath with a double vanity and tiled walk-in shower. Property also features three separate decks, a 3+ car attached garage, and TONS of recent updates ($160,000+) -- siding, gutters, roof, landscaping, total bath rebuilds, countertops, fixtures, plumbing, electrical, flooring, HVAC, water softener, custom black window treatments, trim, doors, pergola/firepit -- WOW! Sleek, sexy, and undeniably unique is this midwestern showstopper!
$250,000
2 Bedrooms, 2 Baths
Average Daily Rate: $158
Expected occupancy rate: 73%
Monthly expected income: $3,508
Monthly expected expenses: $2,160
Monthly expected cash flow: $1,348
Expected cash on cash return: 22.9%