14 best Airbnb investment opportunities | December 1, 2022

Catskills retreat under $300k, two bedrooms and a 12.4% cash on cash return

Author

Alex Veytsman
December 01, 2022

Tranquil waterfront setting on all sports Bass Lake with a location that offers easy access to Downtown Traverse City and other local amenities. Located at the end of a private drive and surrounded by large wooded acreage parcels creates the private waterfront setting often sought but rarely found. The primary cottage offers modern updates while retaining original character elements with hardwood floors throughout, vaulted tongue and groove pine ceilings, gas fireplace, updated full bath and expansive water views along with a waterside deck just steps away from the waters edge. Guest bunk house offers recent updates with space for up to four guests, a full bath and laundry closet with full size washer/dryer. Excellent rental history in a location where short term rentals are permitted. Classic waterfront cottage perfect as your own private getaway or future investment property.

  • $449,900

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $274

  • Expected occupancy rate: 66%

  • Monthly expected income: $5,501

  • Monthly expected expenses: $3,948

  • Monthly expected cash flow: $1,553

  • Expected cash on cash return: 14.9%

Tastefully updated and fully furnished chalet in the Mountain Lakes District. Bright, open concept kitchen and living area with vaulted ceilings and a gas fireplace. Sliders open up to a large deck and grill. Finished lower level allows for a second living room or extra sleeping space and is equipped with washer/dryer and a half bathroom. New stone firepit in the backyard. Attached garage with direct entry. Very private, wooded lot. Enjoy association amenities without the fee - tennis court, pool and four community beaches on Upper Mountain Lake. Close to hiking, skiing, snowmobiling, rivers, and more! 30 minutes to Loon and 35 minutes to Cannon. OPEN HOUSES Saturday and Sunday from 11am - 1pm.

  • $265,000

  • 2 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $199

  • Expected occupancy rate: 72%

  • Monthly expected income: $4,358

  • Monthly expected expenses: $3,091

  • Monthly expected cash flow: $1,267

  • Expected cash on cash return: 19.2%

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