🏠 13 best short term rental opportunities | July 3, 2024
$449k Scandinavian inspired A-frame built in 2021
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This was built in 2021 specifically to be an Airbnb. Price: $449k
It’s featured in the Pro version of today’s newsletter.
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Escape to your own 5 acres of paradise just 20 minutes from Grants Pass and 5 minutes to Lake Selma, this country home offers the perfect blend of tranquility and convenience. Step inside and be greeted by vaulted ceilings and an abundance of natural light. The spacious open living room and kitchen feature granite countertops and a dining area perfect for entertaining. With three bedrooms downstairs and an additional bedroom/den/family room upstairs, there's plenty of space for everyone. A hidden gem of the property is the unique 100 ft Tree House, with its own electricity. Providing the perfect spot for your own private getaway. Outside, you'll find ample room to roam, whether you're looking to grow crops, raise chickens, or simply enjoy the great outdoors. With decked patio areas and plenty of space for a backyard oasis or shop, the possibilities are endless. It also has its own seasonal creek and just 1/4th a mile to the town of Selma, this property would make a great Airbnb.
$410,000
4 Bedrooms, 2 Bathrooms
Average Daily Rate: $297
Expected occupancy rate: 69%
Monthly expected income: $6,233
Monthly expected expenses: $3,624
Monthly expected cash flow: $2,609
Expected cash on cash return: 30.5%
Escape to your sanctuary in Admiral's Cove! This architectural gem features two magnificent natural trees, soaring ceilings & expansive windows that flood the interior with natural light, perfectly framing the beautiful westerly views of the Sound, Olympics, & enchanting sunsets. Enjoy endless entertaining possibilities inside and out with living rooms on two levels, baths on each floor, and a patio & deck for soaking in the views. The loft-style primary with en suite is masterfully designed! Enjoy island living with community pool, clubhouse, playground, private beach & lake! Perfect home for your personal use, STR rental or a combination of both! Bonus guest house with artistic & modern finishes. You will love this home & island life!
$750,000
2 Bedrooms, 4 Bathrooms
Average Daily Rate: $388
Expected occupancy rate: 59%
Monthly expected income: $6,963
Monthly expected expenses: $5,503
Monthly expected cash flow: $1,460
Expected cash on cash return: 9.3%
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