Pros & Cons of 114 MANDARIN LAKE Road, Melrose, FL 32666

This property presents a unique opportunity for investors looking for a spacious home with stunning lake views in a tranquil rural setting. With its three bedrooms and two bathrooms, it offers ample space for families or those seeking a peaceful retreat. The financial metrics indicate a solid investment potential, with a cap rate of 7.1% and a monthly rent of $2,135, which can provide a steady income stream. However, the cash on cash return of 1.5% and a monthly cash flow of only $86 may raise concerns for some investors. Overall, this property balances comfort and investment potential, making it an intriguing option for the right buyer.

Weighing the Investment Potential

In conclusion, this property offers a compelling mix of features and financial metrics that could appeal to various investors. The strong cap rate and potential for rental income are significant positives, especially for those looking to invest in a serene environment. However, the low cash on cash return and minimal monthly cash flow may deter some investors seeking immediate financial benefits. It's essential to consider both the lifestyle advantages and the financial implications before making a decision. If you believe this property aligns with your investment strategy, don't hesitate to reach out and schedule a showing.