8 best Airbnb investment opportunities | April 15, 2022
Four properties with a 25% cash-on-cash return or higher! Today's list includes: CA, NY, PA, CT, GA, & WI.
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820 N Calle Quetzal, Palm Springs, CA 92262
Enjoy the best of desert living in this light and bright, beautifully renovated and upgraded Central PS home. Incredible wireless mountain views from the living room picture window, or from the raised patio deck poolside in the expansive backyard. This 3 bed 2bath home features an open concept design with a center kitchen island/breakfast bar, spacious dining area, and living room with fireplace. Large primary suite, with walk-in closet, 2 guest rooms and guest bath with direct access to the pool/spa and outdoor shower. Take a dip in the newly re-surfaced pebble-tec pool/spa with new heater, pump and autofill and wi-fi enabled controls. The 12,600+ sf lot offers plenty of room for an ADU or other recreational activities. Situated on Fee Land (land that you own), close to downtown Palm Springs and all that this town has to offer! This one truly makes for a perfect desert escape.
$949,000
3 Bedrooms, 2 Baths
Average Daily Rate: $656
Expected occupancy rate: 67%
Monthly expected income: $12,970
Monthly expected expenses: $8,859
Monthly expected cash flow: $4,111
Expected cash on cash return: 18.02%
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