8 best Airbnb investment opportunities | June 21, 2022
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One of the only standing shotgun houses left in Downtown Waco, the Shotgun on 10th is a peaceful, sun filled home that offers a peaceful stay. Sitting only 4 blocks from the Magnolia Silos and Magnolia Press and less than a mile from Baylor the downtown location is prime. Communal spaces throughout allow for a great property to host as well as host in the backyard with the fire pit. Zoned O-2 this property meets the qualifications for a short term rental license in Waco. Move in ready with furnishings throughout conveying.
$615,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $424
Expected occupancy rate: 81%
Monthly expected income: $10,303
Monthly expected expenses: $7,782
Monthly expected cash flow: $2,520
Expected cash on cash return: 17.03%
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