9 best Airbnb investment opportunities | March 17, 2022
A 36% cash-on-cash return in the Sunshine state. Today's list includes: SC, FL, OR, VA, GA, CA, WI, & MT.
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638 Rutledge Ave, Charleston, SC 29403
This stunning home is the perfect blend of original architecture and modern updates. Built in 1935, a full home renovation was completed in 2014. Care was taken to preserve original features while appealing to a modern lifestyle. Soaring ceilings and original antique windows greet as you pass through the double piazzas and enter the home. The downstairs boasts an updated open concept kitchen leading into the dining room and living room with a double sided fireplace. Just off of the kitchen is an office nook concealed by sliding glass barn doors. A full bedroom and bathroom complete the first floor. Upstairs the soaring ceilings continue leading into a large primary suite with a gas fireplace, large walk-in closet, and a luxurious owner's bathroom. There are 2 additional bedrooms upstairs, one with access to the large front piazza. Another full bathroom with an original clawfoot tub finishes out the upstairs. This home has off street parking, a spacious fenced rear yard with tool shed, and a huge screened porch with antique beamed ceiling. Centrally located and close to shopping, dining, the Citadel, the Riverdogs Baseball Stadium, and so much more! This home and location will not disappoint.
$1,000,000
4 Bedrooms, 3 Baths
Average Daily Rate: $675
Expected occupancy rate: 59%
Monthly expected income: $12,083
Monthly expected expenses: $8,513
Monthly expected cash flow: $3,570
Expected cash on cash return: 14.87%
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