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Proposed Settlement Date

Financing Terms

Include Furniture

Include Future Bookings

By submitting an offer, I understand and acknowledge that vrolio corp is not real estate brokerage and does not represent me in any capacity on a real estate transaction. I understand that this is not a purchase commitment and I am simply presenting a non-binding letter of intent to the seller of this property and the seller is in no way obligated to respond or accept my offer.

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Turnkey Joshua Tree Short-Term Rental for Sale

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Joshua Tree, CA 92252

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$620,000
3
2
1,534
sq. ft.
$404
per sq ft
Heated sq ft: 1,534 sq ft
Avg Nightly Rate: $412
Home Legally Sleeps: 8
Occupancy Rate: 34 weeks
Annual Gross Income : 105000
Annual Net Operating Income : 58583
Property Type: Detached Single Family Home (Villa, Cabin, Cottage)
Ownership Type: Full (100%)
Seasoned Short Term Rental: Yes
Furnishings Included: Yes
For Sale By: Broker
Seller Financing: No
Niche: Desert
New Construction: Inquire
Days on Vrolio: 780

Property Description

Looking for a great income property? This single-story, 3 Bedroom, 2 Bath, desert home is the perfect Short-Term Rental. It is already licensed and operating as a Short-Term Rental (Opened in February, 2022) All furniture, furnishings, appliances, TVs, supplies and EVERYTHING else used to operate the property is included in the price. Fully-equipped , kitchen with tile countertops and modern refrigerator and a separate eating area. The primary guest suite features a walk-in closet and attached bathroom with double sinks. This single-story floor plan includes 2 fireplaces. There is a covered backyard patio, with gas firepit and adjacent SPA for your guests to enjoy. No HOA! This Short-Term Rental has lots of upside potential. ($76,653 Proforma Net Income - 12.4% Cap Rate - Self-Managed) ($58,583 Proforma Net Income - 9.4% Cap Rate - Professionally Managed)

Presented by:
Agent:
Keith Powers
Alta Realty Group
Seller Financing
No
Distress Sale
None
Seller Financing Terms
Seasonal Nightly Rates
High: 412
Low: 412
Peak: 412
Special Event: 412
Avarage: 412.00
Furniture Age
1
Est Value of Furnishings
Inquire
Peak & High Seasons
January, February, March, April, May, September, October, November, December
Ownership Percentage
Full (100%)
Qualifies for foreign national visa
No
Reason for Selling
Foreign national buyer restrictions from government?
Not sure
Gross Annual Income
105000
Net Operating Income
58583
Stories
1
Additional Indoor Rooms
Attached Garage for No car, Living Room, Master Suite Down
Appliances
Dishwasher, Dryer, Full stove, Garbage Disposal, Gas appliances, Microwave, Oven, Refrigerator, Washer
Heating/Cooling
Central A/C (gas or electric), Central Heat (gas or electric)
Floor Coverings
Laminate Wood
Security
Yes
Security Description
Ring
Half Baths
Inquire
Master Suite(s)
Inquire
Energy Efficiency
Programmable thermostat
Year built
1989
Outdoor Features
Fenced/Gated Yard, Fire Pit
View
Desert
Backyard Exposure
West
Lot Size
24,419 Square Feet
Community Features
Tax Amount/Year
$6,578
CDD Amount
Inquire
Neighborhood
Inquire
Deed Restricted Community
No
Interview Required
No
Neighborhood Amenities
Mandatory HOA
Inquire
Home Legally Sleeps:
8
Onsite Parking
2 Car garage + 2 Car parking in Driveway
Neighborhood Association STR Rules
Inquire
Municipality STR Rules
No restrictions documented by owner. Verification recomended
Transferrable Permit or License
Yes, Municipality Issuing New Permits
Rental Tax Info
$7.00
Minimum Nightly Rental
No Minimum
Rental Length Requirement
No Restriction
Has Rental History
Yes
Established Rental History
1 Year
Occupancy Rate
34
Being Sold with Bookings
Inquire
Caretaker Info
InquireCaretaker cannot stay and oversee the property
Bookings Placed By
Manager
Managed By
Manager
Management Bookings Percentage
$20.00
Caretaker Bookings Percentage
Inquire
Paid Booking History
Yes
Future Booking Calendar
Management Fees
Inquire
Caretaker Fees
Inquire
Sold with Marketing Collateral
No
Manager Cancellation Policy
In the unlikely event a Host needs to cancel your booking within 30 days of check-in, we’ll find you a similar or better home, or we’ll refund you.
 
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Credit Card Fee
Inquire
Cleaning Fee
Inquire
Licesnes & Permits (Annual)
$667.00
Advertising & Tech Costs (Annual)
Inquire
Yard & Pest Control (Annual)
$600.00
Pool & Spa Maintinence (Annual)
$3,000.00
Electricity (Annual)
$4,200.00
Water/Sewer (Annual)
$792.00
Cable/Interbet (Annual)
$660.00
Accounting Fee (Annual)
Inquire
Property Taxes (Annual)
$6,578.00
Homeowner's Insurance (Annual)
Inquire
Short Term Rental Insurance Rider (Annual)
$700.00
CDD Fee (Annual)
Inquire
Annual Homeowner's Association Dues
Inquire
Additional Membership Fees (Annual)
Inquire
Acquisition
Purchase price
Closing costs
Home Inspection
Furniture & Interiors Package
Rehab Work Estimates
Other
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User understands this calculator is deemed reliable but not guaranteed. Vrolio makes absolutely no guarantees on returns or income. User should do their own due diligence and verify all data before making a purchasing decision. User understands that this is an educational tool only. We therefore accept no liability arising from any reliance made by any user or person to whom this information is made available to. Please use this tool at your own discretion and use caution always before buying any real estate investment.

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Listing Source: Alta Realty Group, 714-402-1357

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