Single-family residence in Sedona, AZ
$765K. Estimated gross income = minimum $90K. Estimated 2022 appreciation = 30%. This property requires a 30-day minimum on rentals. The investor opted to proceed and will do 1-6 month rentals, as a furnished MTR property. The investor is also considering selling at the end of 2022 and rolling the $200K profit into another STR.
