I want to sell my property to an AirBNB investor - Need some advi

[Dave Ramirez]

I have a two bedroom 5 miles away from Dulles International Airport (IAD)  and 5 miles from Metro stations (DC Silver line)

The property is 2 BR and has two Master Suites and a Full kitchen and Dining room.

The Basement could easily hold another bedroom but there the laundry room would have to be refitted as a full bath.

Purchase Price is $350K

$1800 a year in insurance

Tax rate is 1.15%

Assume 4.5% mortgage

HOA - $80

PITI @ $2300

Average Bedroom rate is $55 per night

Assume 20 nights per month 

3 bedrooms

$3300 steady state Revenue

Here is the list of things i would be willing to pay for:

Upgrade to Kitchen - Countertop and Appliances

Upgrade to basement - Put in Full Bath and Stacked washer/dryer

 50 inch LED TV for living room and Basic Verizon FIOS for wifi and cable Utility support for six months

$100 of Uber Gift cards for 12 months for your guests

Good Coffee and Great Meat & Cheese monthly baskets for 12 months

Make sure your revenue matches $300 + PITI for the first six months

What am i forgetting....

i need to sell in August / September so i have some time to deliberate.

[Paul Sandhu]

I agree with @Andy O'Neal.

Your subject of this post is "I want to sell my property.....".  The rest of that quote is irrelevant.  It could be an Airbnb investor, a retired couple, a newly married couple, a widower, a LGBT couple, a property management company, a wealthy Arabian with oil money, a wealthy central American with drug money, etc.

You're selling your property, period.  The future purpose of your property is none of your business, and shouldn't be factored in.  Sell it for market rates, or you won't sell it at all.  

Sometimes I have to put $400 cash from 2 people in my wife's hand while she wishes the 3 bedroom STR was bringing in $600 from 3 people. I ask her to put her wishes in the other hand and then to tell me which hand is filling up faster.

Papa bull and son bull were on a small hill in a meadow.  They saw a herd of cows in the valley.  Son bull said "Let's run down there and screw a cow."  Papa bull said "Son, let's walk down there and screw them all."  You're like son bull.