Short Term Rental in the Poconos
This is a four bedroom home in a private community in the Poconos. The community includes several beaches and a pool. This property is an active short term rental. The property is listed for $400k. I am getting a DSCR loan for $280,000 and seeking to raise $150,000 for down payment and closing costs.
Experience
I own two short term rentals, one profiting $40k annually and the other $80k. I have two STRs in addition to this one that will be starting in January.
I own 70 buildings (130 doors) that are generating $30k a month profit. My net worth is around $5 Million.
Required funding
Seeking to raise $150,000
Location
Poconos (Pennsylvania)
How many 10% stakes being offered
Three 10% stakes are available
Potential income
Projecting $40,000 profit annually, which would increase yearly
Connect with project
Interested in this real estate project? Email johnrc@johnrc.com and quote 10% Investor in the subject.