10 best Airbnb investment opportunities | June 6, 2023
Lakefront 3 bedroom, $569k and a 24.5% CoC return
Alex Veytsman
June 06, 2023
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This lakefront house, only $569k is featured in today's full newsletter. Upgrade and enjoy!
Well maintained 3 bedroom, 2 bath contemporary home with spectacular distant views of Saddleback Mountain set on 10 spacious acres. Very private setting just a short drive to downtown Skowhegan. Large light filled chef's kitchen open to the dining and living room which has a stone fireplace with wood stove insert. Second floor primary bedroom and bath. Oversized insulated two car garage with walk up stairs and storage above. Wrap around deck for enjoyment and entertaining guests. Well manicured lawn and landscaping. Walk out full basement features additional storage. Many recent updates. This is a must see!
$395,000
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $338
Expected occupancy rate: 66%
Monthly expected income: $6,785
Monthly expected expenses: $3,741
Monthly expected cash flow: $3,044
Expected cash on cash return: 35.2%
This beyond charming seasonal cottage on 115' of Burt Lake's west shore is the perfect location for your summers at the lakeshore or for construction of your new home. The ground floor updated kitchen extends toward the water with the living room and dining room providing expansive views of Burt Lake. The large stone fireplace is the centerpiece of the room, providing both heat and ambiance to the living room. Upstairs you will find 3 bedrooms and a half bath arranged to accommodate yourself and a number of guests. The detached shed provides additional bunk room space for sleeping, playing, or, if necessary, to be used as office space for working. The home is being sold with many furnishings, allowing you to move in and begin enjoying lake days immediately.
$749,900
3 Bedrooms, 2 Bathrooms
Average Daily Rate: $374
Expected occupancy rate: 64%
Monthly expected income: $7,280
Monthly expected expenses: $5,456
Monthly expected cash flow: $1,824
Expected cash on cash return: 11.4%
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