Sedona Short term rental data

[Chad McMahan]

I've had a lot of BP-ers reach out to me for Sedona short term rental data, so I thought it might be helpful to post info here.

Client average STR performance info:

16% cash on cash with less than $20k improvements after COE

25% cash on cash with $50k-$100k improvements after COE

30.5% cash on cash with $150k-$250k improvements after COE

"Sweet spot" for best STR ROI = $1,000,000 - $3,000,000

There are *potential* AZ STR restriction laws en route. If they pass, Sedona city limit STR's will be tapped out, and Village of Oak Creek and some other areas will become prime STR areas and should be unrestricted by these new laws- in terms of a STR percentage cap.

For investors that are not comfortable with the above "sweet spot", there are nearby areas between $450k-$700k that are giving similar returns.

I hope this helps.