Deals Done For You Newsletter #32

🏡 9 New Deals📍 Tucson, AZ | Palm Springs, CA | Fort Lauderdale, FL | Pompano Beach, FL

April 06, 2023

Free | Newsletter #32

Hi Everyone 👋

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Our team has put in in endless hours of work, meticulously analyzing hundreds of properties in different US markets to find Airbnb investment gems 💎

 Here are 6 new deals - 3 Purchase & 3 Arbitrage. Check out the the metrics below to see how each could perform as a short-term rental on Airbnb.

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Purchase Deals 🏡

  • Price: $995,000

  • 5 Bed, 3.5 Bath

  • Avg Daily Rate: $742

  • Occupancy Rate: 67%

  • Monthly Income: $15,121

  • Monthly Expenses: $9,855

  • Monthly Cash Flow: $4,813

  • Expected COC return: 24.2%

Assumptions: 20% down, 6.5% interest rate, 10% property management fee

  • Price: $859,000

  • 4 Bed, 3 Bath

  • Avg Daily Rate: $755

  • Occupancy Rate: 63%

  • Monthly Income: $14,468

  • Monthly Expenses: $9,042

  • Monthly Cash Flow: $4,991

  • Expected COC return: 29.2%

Assumptions: 20% down, 6.5% interest rate, 10% property management fee

  • Price: $389,500

  • 2 Bed, 2 Bath

  • Avg Daily Rate: $253

  • Occupancy Rate: 66%

  • Monthly Income: $5,079

  • Monthly Expenses: $3,770

  • Monthly Cash Flow: $1,156

  • Expected COC return: 14.3%

Assumptions: 20% down, 6.5% interest rate, 10% property management fee

**Return metrics are projections based on comps in the area, not guaranteed returns

Arbitrage Deals 🏡

  • Monthly Lease: $3,000

  • 3 Bed, 2 Bath

  • Avg Daily Rate: 370

  • Occupancy Rate: 60%

  • Monthly Income: $6,549.93

  • Monthly Expenses: $3,995

  • Monthly Cash Flow: $2,554.93

  • Expected COC return: 145.65%

Assumptions: Security deposit included (2.5x monthly rent), $50 application fee

  • Monthly Lease: $4,900

  • 3 Bed, 2 Bath

  • Avg Daily Rate: $391

  • Occupancy Rate: 65%

  • Monthly Income: $7,498.48

  • Monthly Expenses: $5,951.25

  • Monthly Cash Flow: $1,547.23

  • Expected COC return: 74.72%

Assumptions: Security deposit included (2.5x monthly rent), $50 application fee

  • Monthly Lease: $4,800

  • 4 Bed, 3 Bath

  • Avg Daily Rate: $422

  • Occupancy Rate: 66%

  • Monthly Income: $8,217.50

  • Monthly Expenses: $6,110

  • Monthly Cash Flow: $2,107.50

  • Expected COC return: 85.30%

Assumptions: Security deposit included (2.5x monthly rent), $50 application fee

**Return metrics are projections based on comps in the area, not guaranteed returns

Let us know if you have any areas that you are interested in and we will include them in our deal search 🕵️‍♂️ (if local STR regulations allow)

 

Jonathan Farber