7 best Airbnb investment opportunities | June 29, 2022
Four properties above 19% cash-on-cash return! Today's list includes: CA, NY, VT, MI, & ME.
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19526 Fawn Rd, Lakehead, CA 96051
Beautiful mountain and forest views surround this large 4 bedroom, 3 bath home on 4.62 acres in Lakehead. Newer carpet in main living area, remodeled kitchen with hickory cabinets and tile floors, and multiple sliding glass doors leading out to the expansive decking, perfect for entertaining. There is one bedroom/office and full bathroom on the main level, while the spiral staircase leads up to the other two bedrooms, full bath, and primary suite with a jetted tub, separate shower and double vanity. All bedrooms in this home have balconies to take in those views! Downstairs from the main living area, you will find the oversized two car garage and an extra storage area. Great location, close to Shasta Lake and Shasta Caverns and only 20 minutes from Redding!
$380,000
4 Bedrooms, 3 Bathrooms
Average Daily Rate: $528
Expected occupancy rate: 59%
Monthly expected income: $9,345
Monthly expected expenses: $6,040
Monthly expected cash flow: $3,304
Expected cash on cash return: 24.47%
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