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Real Estate Deal Analysis & Advice

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Tanner Kirkpatrick
  • Investor
  • Philadelphia
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Pocono Summit Airbnb

Tanner Kirkpatrick
  • Investor
  • Philadelphia
Posted Nov 28 2022, 14:52

Investment Info:

Single-family residence buy & hold investment.

Purchase price: $390,000
Cash invested: $90,000

KLP's first purchase - fully furnished 4 bed 3 bath single family home in the Poconos for use as a short term rental. This house sleeps 12 guests, full of amenities (hot tub, fire pit, fire place, game room, and lots of indoor and outdoor living space), and centrally located in the Poconos. After all expenses paid, this Airbnb stands to bring in anywhere from $2,500-5,000/mo in cash flow depending on occupancy.

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Jack Tulloch
Pro Member
#2 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
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Jack Tulloch
Pro Member
#2 Mortgage Brokers & Lenders Contributor
  • Lender
  • Austin, TX
Replied Nov 28 2022, 15:14

Hey Tanner! Great looking property and listing. I really like the Poconos market and have seen other STR's do quite well there! The hot tub and game room will really make it stand out.

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Joshua Messinger
  • Property Manager
  • Poconos, PA
259
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438
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Joshua Messinger
  • Property Manager
  • Poconos, PA
Replied Nov 28 2022, 16:28

Hey @Tanner Kirkpatrick

Great job on this one! Can't wait to hear more about all of the success you have in the future! Please don't hesitate to reach out if you ever need anything! 

-

Josh

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Mike Eichler
  • Realtor
  • Pocono Pines, PA
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173
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Mike Eichler
  • Realtor
  • Pocono Pines, PA
Replied Nov 28 2022, 22:10

Congrats, man. I actually own a place in the HOA right next to yours. I hope you have some success here. Let me know if you ever need anything. I'm an agent and I can help with management services if you need them in the future.

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Isa Fu
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Replied Jan 2 2023, 07:57
Hi Tanner,is this still for sale?