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- Dealsletter Issue #17: Top Picks in Short-Term Rentals & House Hacking
Dealsletter Issue #17: Top Picks in Short-Term Rentals & House Hacking
Dive into Sought-After Investment Strategies by Popular Demand β Your Gateway to Growth
Hello Investors,
Welcome to the 17th edition of Dealsletter, where we're bringing back more of what you've asked for - exceptional short-term rentals and a savvy house hack! By popular demand, we've curated a collection of properties that combine the allure of quick returns with the smart strategy of house hacking. Dive into this issue to explore investment opportunities that continue to resonate with our community of forward-thinking investors.
π Share the Love: If you're enjoying the insights and deals, why not spread the word? Forward this newsletter to friends and fellow investors. Don't let them miss out on these golden opportunities!
π¨ Note on Numbers: We base our insights on a 25% down payment and the current interest rate of 6.61%. Rest assured, we've crunched the numbers so you can focus on the core β the deals.
π The Stats: Each listing comes with detailed investment metrics like cap rates, GRM, and special financing options where available.
This Weeks Deals ποΈ
Short Term Rental in Napa, CA
Property: Catania Ct
Cap Rate: 12.6%
Short Term Rental in Escondido, CA
Property: La Trieste Place
Cap Rate: 8.2%
House Hack in San Diego, CA
Property: University Ave, 3 Units
Cap Rate: 4.4%
Short Term Rental
$1,495,000
4 Bed / 4 Bath / 3,054 Sqft.
Why this is a good investment ππΌ : This North Napa Craftsman-style home is a great short-term rental investment due to its desirable location near world-class wineries, restaurants, and outdoor attractions. With its spacious living area, multiple bedrooms and baths, and a low maintenance backyard, it offers a comfortable and convenient stay for guests visiting the area. Additionally, the impressive financial statistics, including a high cap rate and strong cash flow potential, make it an attractive investment opportunity.
The Stats π
Cap Rate: 12.6%
10 Year Return: 37.4%
Year 1 Cash on Cash Return: 32.6%
Monthly Revenue: $25,761
Huge Cash Flow Potential
Short Term Rental
$1,249,000
4 Bed / 3 Bath / 3,123 Sqft.
Why this is a good investment ππΌ : This property is an excellent short-term rental investment due to its stunning and move-in ready features, spacious layout, and convenient location near amenities. With a high cap rate, impressive cash on cash return, and strong monthly revenue, it offers great potential for investors looking to maximize their returns in the short term.
The Stats π
Cap Rate: 8.2%
10 Year Return: 20.7%
Year 1 Cash on Cash Return: 10%
Appreciation: 4.1%
Monthly Revenue: $15,256
House Hack
$1,175,000
Tri-Plex (Unit Mix of 2 Bedroom Units)
An additional income stream on the property is generated by a billboard!
Why this is a good investment ππΌ : This property is an excellent house hack investment due to its versatile use as either retail or apartment space, the potential for rental income from the billboard, and the recent upgrades and renovations throughout. With a cap rate of 3.4% and a monthly gross rent of $6690, this property offers the opportunity for a profitable investment while providing the flexibility to live in one of the units.
The Stats(House Hack) π
Cap Rate: 3.4%
Monthly Gross Rent: $6690 (includes billboard)
Effective Mortgage: $365
Effective Mortgage with ALL expenses: $2812
Includes Property Taxes, Insurance, Maintenance, and Capital Expenditures.
Billboard income: $310
DELIVERED vacant!
These statistics are based on the assumption that the buyer will live in one of the 2 bedroom units and rent out the other units.
Whatβs Brewing at Dealsetter βοΈ
Extended Listings: Discover exclusive properties that aren't listed elsewhere.
ROI Deep Dive: Understand the financials in-depth β from cash flow to occupancy rates.
Yearly Projections: Make informed decisions with our smart investment forecasts.
Buy & Hold Analytics: Get the long-term metrics essential for sustained growth.
Your Voice, Our Action: Your feedback is our guiding star. Keep the suggestions coming!
A Big Thank You! π
We're immensely grateful for our early subscribers. Your trust and engagement are the fuel that drives Dealsletter. We promise to keep delivering top-notch real estate insights and deals.
Until next time,
The Dealsletter Team