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- 10 Best STR Finds | DECEMBER 27, 2024
10 Best STR Finds | DECEMBER 27, 2024
The Market's Top Short Term Rentals – Yours Before Anyone Else.
Mark Borum
December 27, 2024
Oneka Shores is our brand new community tucked right along side Oneka Lake with quick access to Hwy 61 and 35E! The community offers many different collections of homes ranging from Slab-on-grade Villas, Ramblers, Modified Split Levels, Twin Homes and also traditional 2-story homes. Our Villa's and twin homes are association maintained. We offer many unique floorplans that range in SQFT and price to work with any budget. You can build from scratch in this community; you get to choose the floorplan and lot that work best for your lifestyle. You also get to choose your own options and colors for your new home! We also offer quick-move-in homes if you are looking to close sooner. Please reach out if you'd like to discuss any/all options available to you in Oneka Shores!
Price: $799,990
BR/Bath: 4 Bedroom / 4 Bath
Sq. Feet: 3,936
Avg. Daily Rate: $620
Expected Occupancy Rate: 47%
Expected Annual Revenue: $107,016
Expected Annual Cash Flow: $29,867
Expected Cash on Cash: 13.37%
Discover 2 homes on stunning 2.5-acre desert oasis & huge RV garage. Joshua tree laced corner lot in a highly coveted neighborhood surrounded by iconic jumbo rocks, mountains, and lush Joshua trees! Just minutes from vibrant local hotspots yet offering ultimate privacy, this property features TWO updated private detached homes, including a spacious main house with 2 bedrooms and a large additional bonus room, and a newly permitted ADU home and garage in a charming 1,000 sq. ft structure. With over $65k in recent upgrades AND solar power included, and endless possibilities for rental income, an art/yoga studio, or retreat, this serene retreat is a stargazer’s dream. Both properties conveniently have a garage and address with city and are separated by fencing, truly private! TOURS MUST BE SCHEDULED AND APPROVED WITH A REAL ESTATE AGENT, DO NOT VISIT PROPERTY WITHOUT APPROVED SHOWING AND ALSO SUPERVISED BY YOUR AGENT. Don’t miss this rare opportunity to create your own private paradise in the heart of the high desert! Square footage and bath numbers are both units combined.
Price: $499,000
BR/Bath: 2 Bedroom / 3 Bath
Sq. Feet: 1,909
Avg. Daily Rate: $351
Expected Occupancy Rate: 66%
Expected Annual Revenue: $84,680
Expected Annual Cash Flow: $29,080
Expected Cash on Cash: 21.72%
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Buying a short term rental doesn’t need to be complicated. But, with more than 14,000 listings hitting the market every single day, the likelihood of you finding the right home at the right time feels damn near impossible.
You need to find the right location.
With the right unit economics.
And, the right style.
It’s tough.
But, when you do… it’s a game life changer.
The last Airbnb I purchased provides a 16.99% Cash on Cash return with $15,700+ in annual free cash flow after my mortgage and all expenses…
I hope this is a resource that saves you time, so you can make decisions in minutes and avoid missing out on the property that will change your life.
Disclaimer: The information provided on STR Daily is for informational purposes only and should not be considered financial advice. Short-term rental regulations change constantly, so please review local rules and regulations prior to any purchases. Projected cash-on-cash returns are based on a 20% down payment, estimated furnishing costs appropriate for the property size, and anticipated fees. Actual returns may vary. Please run the numbers yourself or consult a financial professional to assess risks and develop a strategy suited to your specific needs.