Real Estate

531 NW Palm Dr, Lake City, FL 32055

Property Details for 531 NW Palm Dr, Lake City, FL 32055

Property Detail Name Property Detail Value
Address 531 NW Palm Dr, Lake City, FL 32055
Property Type Single Family
Price $289,000
Price Change $0
Tax Assessed Value $198,605
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 5.0
Bathrooms 4.0
Living Area 2,548.0
Lot Area 0.363
Lot Area Unit ACRES
Year Built 1951

Financial Summary for 531 NW Palm Dr, Lake City, FL 32055

Financial Metric Name Financial Metric Value
Cash on Cash Return 8.3%
Monthly Rent $2,175
Net Operating Income $2,079
Cap Rate 8.6%
Monthly Cash Flow $398
Gross Rent Multiplier 11.1
Debt Service Coverage Ratio 1.4
Principal and Interest $1,500
Tax $181
HOA Fees $0
Insurance $96
Total Payment $1,777