8 best Airbnb investment opportunities | May 2, 2022
Two properties with 30% cash-on-cash return or higher! Today's list includes: CA, MN, TN, GA, & FL.
If you enjoy Find My Short Term Rental’s Daily Newsletter, consider sharing with other real estate investors!
10304 Santa Cruz Rd, Desert Hot Springs, CA 92240
Lovely 3 bedroom 2 bath home is single story and located in the desirable northern area of Desert Hot Springs. Amazing views from the expansive back yard. Newly renovated in 2019 with all new windows, AC, gourmet kitchen, stainless steel appliances, both baths remodeled entirely with custom tile throughout. Distressed flooring, recessed lighting, ceiling fans. This home has a Short Term Rental Permit with a history over the last 90 days. Limited showing opportunities, as it is occupied with guests. Note available tour times will be noted on the MLS.
$379,000
3 Bedrooms, 2 Baths
Average Daily Rate: $423
Expected occupancy rate: 60%
Monthly expected income: $7,495
Monthly expected expenses: $4,427
Monthly expected cash flow: $3,068
Expected cash on cash return: 35.83%
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.