Deals Done For You Newsletter #39

🏡 6 New Deals📍 Joshua Tree, CA | Scottsdale, AZ | Missoula, MT | Lincoln, NE | Locust Grove, VA

April 22, 2023

Free | Newsletter #39

Hi Everyone 👋

Do you want to learn how to analyze out of state short-term rental (STR) properties?

I've got some great news for you. I'm hosting a free training webinar on How to Find and Analyze STR properties, and you're invited!

During this one-hour session, I'll be sharing my exact process to find cash-flowing STR properties, just like the ones we send out in the newsletter. We'll cover the latest techniques and best practices in finding and analyzing a deal, with a specific focus on STR properties that are out of state.

👉 Click here to secure your spot in the next training session

See you there!

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: $595,000

  • 3 Bed, 2 Bath

  • Avg Daily Rate: $574

  • Occupancy Rate: 63%

  • Monthly Income: $10,999

  • Monthly Expenses: $6,536

  • Monthly Cash Flow: $4,133

  • Expected COC return: 34.2%

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

  • Price: $635,000

  • 3 Bed, 3 Bath

  • Avg Daily Rate: $445

  • Occupancy Rate: 61%

  • Monthly Income: $8,257

  • Monthly Expenses: $6,104

  • Monthly Cash Flow: $1,905

  • Expected COC return: 14.9%

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

  • Price: $349,900

  • 5 Bed, 3 Bath

  • Avg Daily Rate: $349

  • Occupancy Rate: 66%

  • Monthly Income: $7,006

  • Monthly Expenses: $4,993

  • Monthly Cash Flow: $1,803

  • Expected COC return: 20.9%

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: $1,900

  • 2 Bed, 1 Bath

  • Avg Daily Rate: $194

  • Occupancy Rate: 63%

  • Monthly Income: $3,606

  • Monthly Expenses: $2,692.50

  • Monthly Cash Flow: $913.50

  • Expected COC return: 79.15%

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

  • Monthly Lease: $2,975

  • 3 Bed, 2 Bath

  • Avg Daily Rate: $443

  • Occupancy Rate: 50%

  • Monthly Income: $6,535.17

  • Monthly Expenses: $3,857.50

  • Monthly Cash Flow: $2,677.67

  • Expected COC return: 153.01%

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

  • Monthly Lease: $3,500

  • 5 Bed, 5 Bath

  • Avg Daily Rate: $477

  • Occupancy Rate: 67%

  • Monthly Income: $9,429.24

  • Monthly Expenses: $5,076.25

  • Monthly Cash Flow: $4,352.99

  • Expected COC return: 162.98%

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

**All 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)