STR Deal of the Day
This impeccably renovated, income producing AirBNB, lakefront home offers a rare opportunity for peaceful, waterside living and is conveniently located within walking distance of both Louisville Landing Marina and Union Landing restaurant. At 1495 square feet, the home features 2 bedrooms and 2 bath, with a great sleeping loft area that overlooks the open living area. This home takes full advantage of the stunning lake views through its floor-to-ceiling windows. The entire space has been thoughtfully updated, blending modern finishes with the charm of a lakefront setting. Step outside to enjoy a fantastic deck that overlooks the permitted dock, perfect for boating, fishing, and enjoying dream Summers on the water. This home can be sold fully furnished with an acceptable offer.
$594,700
2 Bedrooms, 2 Bathrooms
Average Daily Rate: $280
Expected occupancy rate: 69%
Monthly expected income: $5,876
Monthly expected expenses: $4,410
Monthly expected cash flow: $1,465
Expected cash on cash return: 11.4%
https://www.zillow.com/homedetails/3243-Logan-Hill-Rd-Louisville-TN-37777/40811217_zpid/
STR Deal of the Day!
Furnished, new-construction 5 bedroom cabin! This stunning contemporary cabin boasts a total of 2,393 square feet of living space, complete with the latest upscale finishes and a chic, modern vibe. The dramatic open floor plan features walls of glass that let in an abundance of natural light and provide views of the surrounding landscape and mountains. There are 5 bedrooms, 4 full bathrooms, an additional half bathroom and an open loft! Step outside and enjoy the beauty of nature from the comfort of one of your oversized decks. This property will be furnished with high-end, commercial grade furniture sourced from the top suppliers in the short-term rental industry. The Lodges at Reedmont is a premier short-term rental development with city utilities and is located minutes from all the best attractions and entertainment in the area. It is 2 minutes from Soaky Mountain and the Sevierville Convention Center and Pigeon Forge is just a short 15-minute drive away with no steep roads along the way. As an added bonus, The Lodges at Reedmont is also designated as an opportunity zone, providing investors with the potential for tax benefits, including tax deferrals on capital gains and potential tax-free appreciation on investments held for 10 years or more. [Drone photography used]
$899,000
5 Bedrooms, 5 Bathrooms
Average Daily Rate: $397
Expected occupancy rate: 71%
Monthly expected income: $8,574
Monthly expected expenses: $6,650
Monthly expected cash flow: $1,924
Expected cash on cash return: 10.3%
The true cost of running an STR: Budgeting tips and hidden expenses
Running a short-term rental (STR) can be a lucrative venture, but it's crucial to understand the full spectrum of costs involved to ensure profitability. From upfront expenses to ongoing operational costs, managing an STR requires careful budgeting and awareness of hidden expenses. In this blog, we'll dive into the true costs of running an STR and provide practical budgeting tips to help you stay on top of your finances.