8 best Airbnb investment opportunities | April 12, 2022
Five properties above 20% cash-on-cash return! Today's list includes: PA, CT, GA, NY, NC, CA, FL, & TN.
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41549 Mockingbird Dr, Big Bear Lake, CA 92315
This one checks all of the boxes. Located in the desirable Eagle Point neighborhood of Big Bear Lake. This location is central and only a couple blocks from the lake, Snow Summit, Grocery Stores, Restaurants, and Village. Single level living. New roof and fresh exterior paint. Vaulted ceilings in the living room, kitchen and dining room. Recently remodeled kitchen with quartz countertops, new cabinets, and attached updated pantry. Separate indoor laundry room. Wood burning brick fireplace with log set insert and natural gas. New flooring throughout the home. Knotty Alder doors and door trim throughout. 5 legal bedrooms plus 3 baths give you room for a crowd. Bonus loft could be used as an office area or study. Air conditioner installed recently. Level landscaped and fenced yard is 9600 sq ft. 3 car attached garage. Parking for 6 cars off the street. Furnishings are negotiable per seller's inventory. All work done with city building permits. This would make an ideal primary residence, second home, or short-term rental.
$899,900
5 Bedrooms, 3 Baths
Average Daily Rate: $734
Expected occupancy rate: 53%
Monthly expected income: $11,670
Monthly expected expenses: $8,183
Monthly expected cash flow: $3,487
Expected cash on cash return: 16.09%
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