8 best Airbnb investment opportunities | March 23, 2022
Four properties with a 30% cash-on-cash return or more! Today's list includes: NY, PA, NC, AL, CO, CT, & FL.
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63 Davis Hill Rd, Stormville, NY 12582
With a playful nod to its wooded, countryside location (via its d cor), this 3 BR/2 Story 1456 sq.ft. "cottage" captures the rustic feel of the neighborhood, while providing all the comforts for year-round living. The scaled-down country kitchen has beautiful pine cabinets w/tons of storage, beautiful countertops, small-scale tile backsplash & a breakfast bar. Across the room, the corner banquet has practical storage under hinged benches, and glass sliders open to a huge bi-level deck. Inside, you'll find lots of natural light streaming thru every window, newly renovated bathrooms, original oak floors in the bedrooms & new vinyl flooring on the main level. In addition, beautiful pine wood frames all the windows and doors, the cozy front porch is fully screened, and the 2nd floor has a separate porch/entrance to a large office space. Sitting on nearly an acre with mountain views and surrounded by tall pines, there's lots of potential to create and enjoy additional outdoor space.
$350,000
3 Bedrooms, 2 Baths
Average Daily Rate: $495
Expected occupancy rate: 70%
Monthly expected income: $10,525
Monthly expected expenses: $5,453
Monthly expected cash flow: $5,072
Expected cash on cash return: 57.42%
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