🏠 10 best short term rental opportunities | November 7, 2024
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This OCEANVIEW 3 bedroom has $400k worth of upgrades and on the market today for $649,000! Oh and it comes furnished.
It’s featured, along with 9 other awesome properties in the full version of today’s newsletter. (Pro)
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Nicely updated inside and private. Close to downtown Nevada City and hiking/biking trails. Year round stream on the property. Main home is a one bedroom 1 bath. There is also a detached studio with a full bathroom which was used for short term rental. Includes a good sized workshop for all your projects. This place is ready to live in with some work to be done to make it your own.
$341,250
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $251
Expected occupancy rate: 60%
Monthly expected income: $4,581
Monthly expected expenses: $3,042
Monthly expected cash flow: $1,538
Expected cash on cash return: 21.6%
Set on 18 wooded acres with beautiful mountain views, this cozy log cabin is the perfect private getaway near Mount Cardigan. Fully furnished and move-in ready, the cabin’s rustic charm includes cathedral ceilings, a wood stove, and a loft, creating a warm and inviting atmosphere. Outdoor features include a two-car log garage, fire pit, and gazebo, all designed for relaxation and gatherings. Enjoy the view while enjoying coffee on the large farmer's porch. The property also has a 3-bedroom septic system, offering potential for expansion. Just minutes from Cardigan Mountain School, 20 minutes from Ragged Mountain skiing, and a short drive to Hanover and the Upper Valley, this property offers seclusion with convenient access to top outdoor attractions. With a strong Airbnb rental history, this cabin also serves as an excellent investment opportunity. Showings start at Open House Sunday 11/10 1-4PM and Monday 11/11 11AM - 1PM
$425,000
2 Bedrooms, 1 Bathrooms
Average Daily Rate: $234
Expected occupancy rate: 66%
Monthly expected income: $4,698
Monthly expected expenses: $3,629
Monthly expected cash flow: $1,068
Expected cash on cash return: 12.0%
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