3 best Airbnb investment opportunities for the Southwest | November 10, 2022

5116 Onies Ct NE, Rio Rancho, NM 87144

This incredible single story luxurious Northern New Mexico style home is located at the end of a cul-del-sac with phenomenal views of the Sandia Mountains. Custom finishes throughout; stamped concrete flooring, beautiful raised tongue & groove ceilings with vigas, nichos, plant ledges, plaster walls, stacked stone accents. An ''award winning'' gourmet kitchen with high quality stainless steel appliances, granite countertops, knotty alder cabinetry, pantry, buffet style island.

• $749,900

• 4 Bedrooms, 3 Bathrooms

• Average Daily Rate: $625

• Expected occupancy rate: 78%

• Monthly expected income: $14,625

• Monthly expected expenses: $10,025

• Monthly expected cash flow: $4,600

• Expected cash on cash return: 23.22%