🏠 12 best short term rental opportunities | March 29, 2024
MI, ME, VA, OR, OR, MT, TN, GA, GA, TX, NC, OK
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This lakefront house is $550k and is featured in the Pro version of this newsletter.
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🏠 Property Management while you cha-ching. The best property management company in the space, that you haven’t heard of. 4.9 stars on Google. Many reviews. Seen 27% increase in revenue.
🛋️ Turnkey STR Service. Worked with hundreds of STRs. They will find you a property, underwrite it, design, furnish and then manage it. You fully own the property, they do everything. Cash flow + appreciation on autopilot. Literally what I want haha!
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OCEANFRONT retreat on over a third of an acre (.36) with a transferrable short-term rental license. Wake up to the soothing sound of the ocean & sea life in this charming A-frame home! With a bedroom & bathroom on the loft level. Sold fully furnished, including SS appliances, this home invites you to relax and unwind immediately. Step onto the deck, whether on the front or back, to soak in the coastal breeze. Wander through lush natural vegetation to find your private path leading directly to the ocean's edge! Separate 2 car garage featuring stack stone accents, second set of washer & dryer and large storage room. Enjoy the luxury of a revenue-producing property, making it an ideal investment opportunity on the South end of Rockaway Beach along 7 miles of sandy beach!
$1,200,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $488
Expected occupancy rate: 67%
Monthly expected income: $9,945
Monthly expected expenses: $8,307
Monthly expected cash flow: $1,638
Expected cash on cash return: 6.1%
Dreaming of a cozy log cabin in the Maine woods? Look no further! Sitting on just over three acres, this home features one bedroom on the main floor, a loft bedroom, open concept living room with vaulted ceilings, and a basement bonus room that offers endless possibilities. With stables next door, you'll enjoy the privacy of having horses for neighbors. Relax on the porch and watch them in the fields or gaze out over your private pond behind the home. You'll find ample storage with an attached garage, basement utility room, and garden shed, and winter reassurance with a whole-house standby generator. Wake up to warm floors on cold winter mornings with radiant heat and stay cool in the summer with a recently installed heat pump. Many other recent improvements including a non-electric water softener system, heat pump water heater, automatic garage door opener, keyless entry, refinished wood floors, updated kitchen counters, sink, and range, and washer/dryer. Tucked in the woods with convenient access to all that Midcoast Maine has to offer and less than 90 minutes from Portland. Perfect as a year round home, a seasonal getaway, or a short term rental - schedule a showing today!
$275,000
2 Bedrooms, 1 Bathrooms
Average Daily Rate: $231
Expected occupancy rate: 74%
Monthly expected income: $5,199
Monthly expected expenses: $2,908
Monthly expected cash flow: $2,291
Expected cash on cash return: 37.0%
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