8 best Airbnb investment opportunities | March 4, 2022
One of the highest grossing Palm Springs Airbnbs on the market! Today's list includes: CA, GA, VT, FL & AL.
3530 N Eastgate Rd, Palm Springs, CA 92262
Welcome to one of the most successful Airbnbs in Palm Springs! This property is a roadmap to success and the owner is willing to give you everything you need to succeed (transferable Airbnb profile, Instagram page and 50K of upcoming bookings). The swanky cool vibe of this successful rental is an homage to the Pink Panther motif and has all the components that keep it in demand: open concept interior with dream kitchen, easy pool access, backyard with fantastic mountain views, salt water pool with Baja tanning deck and huge party spa, fire pit, BBQ area and recently installed French Pentaque game (bocci) playground. The cul-de-sac location offers ultimate privacy and despite the volume of business there has never been a single complaint by neighbors. This short term rental generated nearly 170K in rental income this past year during the pandemic and that is without Coachella or Stagecoach. It has been rated in the top 15 vacation rental successes by The Business Insider. Recent improvements incl: new pentair pool system (gas heater and filtration system), Pentanque ball recreation area and improved front and rear landscaping with more desert plants and palm trees and ficus hedge in back. Seller is in the process of doubling the number of solar panels that will eliminate most of the electric charges. Current solar lease is $134/mo and will double once the second set is installed. Comes turn key furnished with a few exceptions. Everything has been thought out for you. All financials are available for review. Available March 9 for viewing.
$979,000
3 Bedrooms, 2 Baths
Average Daily Rate: $507
Expected occupancy rate: 70%
Monthly expected income: $10,647
Monthly expected expenses: $6,883
Monthly expected cash flow: $3,764
Expected cash on cash return: 16.01%
1228 Spalding Cir, Ellijay, GA 30540
"Here She Comes Again" The same Beautifully detailed, Rustic Craftsman Style Mountain Modern Home with a New Larger Floor Plan! Breathtaking Modern Home with a Rustic Warm Charm~ Walk in to the Welcoming Wall of Windows and Open Concept Living Area/Kitchen with Full Length Back Deck~ Floor to Ceiling Fireplace in the Living area~ Master Suite also walks out to back deck and features a large Walk in Tile Shower. Main Level also has a half bathroom for guest. Finished Terrace Level includes second Living Area, two bedrooms, two full bathrooms, and walks out to Perfect Outdoor Kitchen for Entertaining. Outdoor Fireplaces on both main level deck and Terrace Level. Beautiful mix between wood, sheetrock and shiplap~ Features stainless appliance, granite countertops, outdoor kitchen, professional landscaping, concrete board siding, and more! Located in sought after Coosawattee River Resort~ Amenities include gated security, indoor/outdoor pools, river access, community parks, tennis, fitness center, and more!
$600,000
3 Bedrooms, 3 Baths
Average Daily Rate: $286
Expected occupancy rate: 70%
Monthly expected income: $6,058
Monthly expected expenses: $4,821
Monthly expected cash flow: $1,237
Expected cash on cash return: 8.43%
Keep reading with a 7-day free trial
Subscribe to Find My Short Term Rental | Daily Newsletter to keep reading this post and get 7 days of free access to the full post archives.