Cottonwood – Mar. 2022
Single-family residence in Cottonwood, AZ
$450K. 1780 sq. ft., 3 bed/3 bath, .26 acres. No HOA and well-suited for a STR. The client will be adding a backyard hot tub and furniture. It should provide STR cash-on-cash return at approx. 17%-19%. In 2023, cash-on-cash should be approx. 22%, with some minor adjustments.