9 best Airbnb investment opportunities | May 9, 2022
Six above 13% cash on cash return. Today's list: ME, NH, NY, MN, HI, MI, VT, IN, and NM.
80 Thurlow Road, Lincolnville, ME 04849
Modest Midcoast Abode This 960SF contemporary is tucked on a two-acre parcel and with southerly facing living room windows to maximize the solar gain. Designed by local architect Alex Domenico and built with the assistance of the Seller, this home captures the essence of efficiency with the perfect blend of mid-century modern. The design is T-shaped with an open concept living, dining and kitchen area with radiant floor heat and a Danish-designed Mors stove as a focal point. The two bedrooms are down the hall, divided by the baths. Finishes inside include cork flooring, brass fixtures, and 12'x24'' textured Italian ceramic tile in the baths. Centrally located to the mountains and the sea, just 12 miles to Belfast, and 15 miles to Rockland. Close to Megunticook Lake and the Camden Hills.
$425,000
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $210
Expected occupancy rate: 66%
Monthly expected income: $4,151
Monthly expected expenses: $2,923
Monthly expected cash flow: $1,228
Expected cash on cash return: 12.9%
344 Paquette Drive, Carroll, NH 03595
This charming rustic log cabin in Twin Mountain offers local mountain views and 270 feet of river frontage along Little River. This could be your home away from home in the mountains to enjoy all of the activities the area has to offer; hiking, skiing, snowmobiling, hunting, fishing and more. In those colder months warm up inside with a fire in the fireplace or in the warmer months, you could enjoy a fire in the outdoor firepit. On those hot summer days, cool off in the river or enjoy grilling and chilling on the deck while taking in the views. There's even a large platform deck that could be used for setting up a tent, playing games such as cornhole or whatever else your imagination can come up with. With its location, you have access to many local attractions; Bretton Woods, The Omni Mount Washington Hotel, Cannon Mountain, Santas Village, the quaint towns of Bethlehem and Littleton and so much more. Come see all that this home has to offer. *Delayed showings by appointment begin Saturday May 14th*
$360,000
3 Bedrooms, 1 Bathrooms
Average Daily Rate: $295
Expected occupancy rate: 65%
Monthly expected income: $4,999
Monthly expected expenses: $2,945
Monthly expected cash flow: $2,054
Expected cash on cash return: 25.2%