Pros & Cons of 22 Palmyra Ln, Palm Coast, FL 32164

Investing in real estate can be a lucrative opportunity, and this property presents a compelling case for potential investors. With a freshly painted exterior and a new roof, this home is not only aesthetically pleasing but also offers significant financial advantages. The property boasts a strong cash on cash return of 5.7% and a cap rate of 7.9%, indicating solid profitability. However, investors should also consider the monthly cash flow of $283, which, while positive, may not be substantial enough for some. Additionally, the absence of HOA fees is a plus, but potential buyers should remain aware of the ongoing costs associated with property maintenance and insurance.

Weighing the Financial Pros and Cons of Your Investment

In conclusion, this property offers a mix of attractive financial metrics that could appeal to savvy investors. The strong cash on cash return and cap rate suggest that it can generate a solid income stream, while the absence of HOA fees adds to its financial allure. However, the relatively low monthly cash flow and potential maintenance costs are factors that should not be overlooked. As with any investment, it's crucial to conduct thorough due diligence and consider both the positive and negative aspects before making a decision. If you're ready to explore this opportunity further, don't hesitate to reach out for more information!