7 best Airbnb investment opportunities | May 3, 2022

Known as La Casa Estrella, this turnkey, fully furnished cabin in Northern Joshua Tree has an 18% cash-on-cash return! Today's list includes: CA, AZ, VT, TX, KY, & NC.

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62928 Aberdeen Dr, Joshua Tree, CA 92252

Affectionately known as La Casa Estrella, 62928 Aberdeen Dr is a turnkey, fully furnished cabin in Northern Joshua Tree. Situated on five private acres of sprawling, awe-inspiring desert views, La Casa Estrella comes with multiple outdoor moments including a large covered patio for outdoor dining, a cowboy tub and sunbathing deck, a propane fire pit, and a hammock village for shared stargazing. Built in 1958 and reimagined in 2021, this darling one bedroom, one bathroom bungalow is filled with natural light and charm. Stepping inside, you'll find an open living space with new flooring, fixtures, and a ductless mini-split heating/cooling system. The remodeled kitchen is equipped with stainless steel appliances, new cabinetry, backsplash, and open shelving. The bedroom boasts floor-to-ceiling windows, and an en-suite bathroom with a large spa-like walk-in shower. Joshua Tree National Park and the eclectic Joshua Tree Village (with spots like Crossroads Cafe, The Dez, and the farmers' market) are both very nearby, and the Noah Purifoy outdoor museum is just a short walk from the front gate. The home is already permitted as a short term rental, though you may want to stay a little longer.

• $425,000

• 1 Bedrooms, 1 Bath

• Average Daily Rate: $260

• Expected occupancy rate: 70%

• Monthly expected income: $5,460

• Monthly expected expenses: $3,676

• Monthly expected cash flow: $1,784

• Expected cash on cash return: 18.74%

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