🏠 10 best short term rental opportunities | October 21, 2024

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This 3 bedroom did $119k in revenue in 2023, and $87k thus far in 2024. On the market today for $645,000 and comes fully furnished.

It’s featured, along with 11 other awesome properties in the full version of today’s newsletter. (Pro)

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Mountain living at its finest! This unique, completely furnished home sits on 7.7 acres, is surrounded by thriving oak trees, and offers fantastic views. Enjoy ample privacy with close proximity of all that Ruidoso and Alto have to offer. The sellers have taken very good care of this home & it shows. A dog run, sun room, two brand-new water heaters, private well, tons of parking and a gated driveway await your arrival. This property would make a great second home, rental investment, or permanent home. There's even a rain-capture water tank for the wildlife to enjoy. It's not hard to envision yourself kicking back on one of the decks, listening the to elk bugle up & down the canyon, and sipping coffee as you gaze at majestic Sierra Blanca peak to the west. Don't miss out on this one!

  • $649,900

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $325

  • Expected occupancy rate: 64%

  • Monthly expected income: $6,326

  • Monthly expected expenses: $4,855

  • Monthly expected cash flow: $1,470

  • Expected cash on cash return: 10.5%

CURRENTLY BEING USED AS AN INCOME PRODUCING STR - Beautiful, contemporary ADU (B Unit) in the heart of Travis Heights in 78704!  Incredible location location location, just minutes from everything central Austin has to offer. Features include soaring ceilings boasting an abundance of natural light with a huge sliding glass door to enter a very large backyard deck. Open living/kitchen floor plan with custom cabinetry in the kitchen, sophisticated quartz countertops and a gorgeous waterfall island. Stainless steel appliance package and curated tile selections throughout the home. Downstairs has one bedroom and a full bathroom and upstairs you can retreat to your primary suite with dual vanities and spacious walk-in shower. Very large, privately fenced back yard great for barbecuing, gardening, or just relaxing.  Just a quick drive to shopping and eating on South Congress, South 1st, and Downtown with tons of trails and the boardwalk in walking distance.

  • $675,000

  • 2 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $287

  • Expected occupancy rate: 73%

  • Monthly expected income: $6,372

  • Monthly expected expenses: $4,937

  • Monthly expected cash flow: $1,434

  • Expected cash on cash return: 9.9%

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