9 best Airbnb investment opportunities | May 11, 2022
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4020 Church St, Burdett, NY 14818
Ready to be in The Finger Lakes? Don't miss the opportunity ! 4-5 bedrooms with 3 1/2 baths. Plenty of space and tons of natural light !! Step out to private back deck from kitchen or head out to another deck from private master suite. Large living room, family room, office, main floor laundry, large dining room !! Sit on the porch swing and enjoy the country air, yet so close to town !! Perfect for vacation home, Airbnb (possibly two units), mother-in-law suite or additional apartment. Home is minutes from Seneca Lake Wine Trail, Watkins Glen and Seneca Lake, Watkins Glen International !!
$199,900
4 Bedrooms, 4 Baths
Average Daily Rate: $500
Expected occupancy rate: 52%
Monthly expected income: $7,800
Monthly expected expenses: $5,386
Monthly expected cash flow: $2,414
Expected cash on cash return: 27.72%
*Rental metrics include $50,000 for repair & upgrades
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