Sedona – Feb. 2022
Single-family residence in Sedona, AZ
$1,330,000. 3900 sq. ft., 3 bed/3 bath, .85 acre lot, and no HOA. Adding bedrooms, interior paint, minor landscaping, an economical interior staircase, and an exterior hot tub will push the STR cash flow. It should provide cash-on-cash at approximately 20%. In 2023, the numbers should be 23%-28%, with additional adjustments. There’s optional room to add a pool, an additional dwelling, and more down the road, to further push the cash flow.