🏘️ 9 best short term rental opportunities | October 26, 2023
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Nestled in the heart of a lush, 14-acre forest, this enchanting abode is a haven for the nature enthusiast and outdoor aficionado. This environmentally conscious home embraces sustainable living and harmonious coexistence with the natural world. The house, a well-crafted 2120 sq ft sanctuary with 2 bedrooms and 2 bathrooms (3 bedroom septic permit on file), boasts a single level for seamless living. The exterior is adorned with poplar-bark siding harvested right from the property; a testament to its deep connection with the land. The locally sourced hemlock trim and beams enhance the home's interior. The living room, with its many large thermal pane windows, invites the outside in, framing the breathtaking forest views. The space is anchored by an impressive stone fireplace, creating a cozy and inviting atmosphere. A sleeping porch fully screened, and a second screened porch with a fireplace off the kitchen ensure that every aspect of comfort and relaxation is meticulously addressed. For the environmentally conscious the home boasts features like passive solar, radiant hot water heating, and pure well water. The home's utility costs are impressively minimal.
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $433
Expected occupancy rate: 64%
Monthly expected income: $8,429
Monthly expected expenses: $6,223
Monthly expected cash flow: $2,206
Expected cash on cash return: 11.8%
Welcome to this exceptional lake home situated perfectly on a wooded lot on the desirable all-sports Harper Lake in Iron, MI. The stunning views of the lake showcase the sandy bottom and clear blue waters. This quaint home is warm and inviting boasting a wood burning stove, two living rooms with ample space for entertaining, two bedrooms, and an open living space. The mudroom and laundry room offer good storage space. Outside you will find a deck, patio area, and a fire pit. This property also features a large oversized garage and separate storage shed. Walk down to the lake to find a sandy beach area and a large dock. Schedule your showing today! You do not want to miss this one!
2 Bedrooms, 1 Bathrooms
Average Daily Rate: $259
Expected occupancy rate: 62%
Monthly expected income: $4,884
Monthly expected expenses: $2,941
Monthly expected cash flow: $1,944
Expected cash on cash return: 32.0%
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