7 best Airbnb investment opportunities across the US | November 18, 2022

1951 E Mark Leslie Dr, Palm Springs, CA 92264

PRIME SOUTH PALM SPRINGS LOCATION, on a very quiet cul-de-sac with NO HOA and YOU OWN THE LAND. This charming 3-bedroom/3-bathroom home is an excellent value and is looking for a new owner to take it to the next level. Offering complete privacy, the south facing backyard boasts newly refinished PebbleTech pool, stand-alone spa/hot tub, covered patio and BBQ - all surrounded by mature citrus trees and amazing views of Mt San Jacinto to the west. Create your very own outdoor paradise with a perfect balance of indoor/outdoor living and plenty of space for entertaining al fresco. The home has been upgraded with natural stone travertine floors throughout and custom stamped concrete circular driveway and rear patio areas. Updated kitchen with new stainless-steel refrigerator, dishwasher and washer/dryer, plus double oven/convection combo, along with custom cabinetry and loads of counter space make it a cook's dream.

• $994,500

• 3 Bedrooms, 3 Bathrooms

• Average Daily Rate: $672.00

• Expected occupancy rate: 68%

• Monthly expected income: $13,708.80

• Monthly expected expenses: $10,834.41

• Monthly expected cash flow: $2,874.39

• Expected cash on cash return: 11.22%

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