10 best Airbnb investment opportunities across the US | August 24, 2023
The 10 best properties in IL, MI, IN, FL, GA, AZ, NY, PA, and VT.
Northeast
67 Acorn St, Lake Placid, NY 12946
Tasteful upgrades incorporating modern finishes & amenities blend seamlessly with natural wood trim to retain the charm inherent in this 1930's home situated in the heart of Lake Placid. Upgraded electrical system, furred out walls with additional insulation, modern windows & a spray foamed attic space increase the efficiency while an open floor plan makes excellent use of the space. The new seamless metal roof delivers a timeless look & unmatched longevity. The expanded classic Shaker style kitchen features custom inset cabinetry, stainless steel appliances & a combination of walnut butcher block & polished concrete countertops.
$725,000
5 Bedrooms, 2 Bathrooms
Average Daily Rate: $656
Expected occupancy rate: 59%
Monthly expected income: $11,611
Monthly expected expenses: $9,738
Monthly expected cash flow: $1,874
Expected cash on cash return: 9.92%
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