8 best Airbnb investment opportunities | April 18, 2022
All eight properties with a 20% cash-on-cash return or higher! Today's list includes: CA, VA, GA, FL, & NY.
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64033 Desert Trail Dr, Joshua Tree, CA 92252
Secluded house on 2.5 acres in one hot zip code + includes an additional legal parcel to build on. Property has its own Private Well for water. Joshua Tree has become an escape haven for celebrities, artists, and musicians. Views of Mt. San Gorgonio, Bunker Mtn, Copper Mtn and the boulder studded Little San Bernardino Mtns. Property has two legal 1.25 acre lots for a total of 2.5 acres. New kitchen flooring, refrigerator, stove, counters and cabinets. Open living room with new floors. New mini-splits AC/heating. Spacious bedroom with new floors, curtains, and desert views. Bathroom with new shower, toilet, counters, floor, and sink. Shaded patio for entertaining guests. Privacy fence. Hot tub spa. Oversized parking for your RVs and Airstreams. Only 9 miles to the Joshua Tree National Monument. in 2021 over 3 million tourists visited the park. Very strong vacation rental area. Short trip to all amenities in the trendy JT Village. Enjoy organic restaurants, cafes, the farmers market, and the JT Salon.
$449,000
2 Bedrooms, 1 Bath
Average Daily Rate: $306
Expected occupancy rate: 66%
Monthly expected income: $6,059
Monthly expected expenses: $3,830
Monthly expected cash flow: $2,229
Expected cash on cash return: 20.00%
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