🏠 13 best short term rental opportunities | February 22, 2024

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  • 👇This $649k 3 bedroom A-frame come turnkey with over $80k in renovations completed. It’s featured in the Pro version of this newsletter.

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Updated house in the residential community of Arch Cape. Private and located between Cannon Beach and Manzanita; surrounded by the Pacific Ocean, a State Park and a protected forest.Listen to the waves crashing and enjoy the ocean breeze on the upstairs deck, or take a soak in the top-of-the-line hot tub beneath a weatherproof deck. Walk to the ocean in less than 2 minutes or to hike the Oregon Coast Trail in 5.This property has been completely renovated over the past 5 years. Updates include new decks, updated open-concept kitchen with stainless appliances and new flooring throughout.Both bathrooms have been completely updated with marble or slate floors and modern fixtures (one with heated floors).This is a turn-key property, whether looking for a home or vacation rental.

  • $749,000

  • 3 Bedrooms, 2 Bathrooms

  • Average Daily Rate: $412

  • Expected occupancy rate: 63%

  • Monthly expected income: $7,895

  • Monthly expected expenses: $5,794

  • Monthly expected cash flow: $2,101

  • Expected cash on cash return: 12.6%

Luxury chalet in gated Mt. Baker Rim community w/ a wall of windows providing an unobstructed mountain view. This beautiful cabin has three levels of living space w/ a loft suite, main level entertaining w/ a spacious gourmet kitchen, floor to ceiling rock gas fireplace & lower level w/ 2nd primary suite & two sets of comfortable bunk beds. Low maintenance exterior w/ metal roof, hardi-siding & composite decks. The community features clubhouse, athletic courts, outdoor pool, sauna & quick access to hiking & biking trails. After a day skiing/hiking enjoy the private hot tub! This well maintained home is the perfect vacation home, short term rental or both! Close quickly on this dreamy move in ready cabin to enjoy the rest of the ski season

  • $725,000

  • 2 Bedrooms, 3 Bathrooms

  • Average Daily Rate: $426

  • Expected occupancy rate: 60%

  • Monthly expected income: $7,775

  • Monthly expected expenses: $5,659

  • Monthly expected cash flow: $2,115

  • Expected cash on cash return: 13.1%

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