🏘️ 9 best short term rental opportunities | November 24, 2023
MI, VA, CA, NC, AK, WA, VA, WA, CO
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This lakefront house is featured in the Pro version of this newsletter.
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“Retreat on Lakeside” - Have you always wanted a home that felt like a cabin retreat? But also one that wasn’t so far from town? How about this amazing gem in the middle of Stephens City that will blow you away as soon as you pull up to the property! Situated just minutes away from I-81 and all of the amenities of Winchester, this home offers the soothing comfort of a log cabin with over 1.5 acres complete with modern features of an upgraded custom kitchen, newer appliances, newer HVAC, newer roof, and much more. The primary bedroom suite on the main level provides the potential for one-level living, but the second floor loft area with bedrooms along with the partially finished basement area with 2 finished bonus rooms allows for opportunities to stretch out a bit. Even though you’re in a neighborhood setting, the surrounding trees and lot size gives the privacy you may be looking for. Come see for yourself - won’t last long!
$429,900
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $306
Expected occupancy rate: 63%
Monthly expected income: $5,864
Monthly expected expenses: $3,822
Monthly expected cash flow: $2,042
Expected cash on cash return: 20.3%
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Warm and inviting custom cedar home in the most desirable bluff neighborhood in White Salmon with close proximity to downtown! Stunning sunset views radiating over Columbia River, Mt. Defiance and Underwood Hills. Open floor plan with floor to ceiling windows offering an abundance of natural light bringing the outdoors in. Spacious master loft with ensuite bathroom and walk in closet. Fabulous outdoor space with a private custom concrete tiered patio and walkway, Mt. Hood views from the gardens, and wrap around deck to enjoy the western views down the river. English inspired garden oasis with custom rock wall around the perimeter, and amazing southern sun exposure perfect for gardening. Fruit trees include apple, cherry, strawberries, raspberries, blueberries and grapes. Many updates throughout including new exterior paint, new carpets, new high end HVAC system, new water heater, updated spa inspired bathroom with stone tile. Sprinkler system, security alarm system, hot tub ready, gas appliances, and pantry. New storage shed, new asphalt throughout the neighborhood, and new concrete walkway and extended driveway. Ample parking with two driveways, custom gates and trellis. Hard wood floors to be refinished in November. Don't miss out on this amazing property!
$1,049,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $479
Expected occupancy rate: 66%
Monthly expected income: $9,616
Monthly expected expenses: $7,634
Monthly expected cash flow: $2,252
Expected cash on cash return: 9.8%
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