Pros & Cons of 1211 Pearl Ave SE, Live Oak, FL 32064

Investing in real estate can be a lucrative opportunity, and the property at 1211 Pearl Ave SE, Live Oak, FL 32064 presents a compelling case. With a recent price drop, this newly remodeled 2-bedroom, 2-bath home offers modern amenities and a spacious layout, making it an attractive option for potential renters. The financial metrics indicate a solid cash on cash return of 4.2% and a cap rate of 7.6%, which are promising for investors looking for positive cash flow. However, it's essential to consider the local market dynamics and any potential risks associated with property management. Overall, this property has the potential to be a valuable addition to your investment portfolio.

Weighing the Investment Potential

In conclusion, the property presents a balanced investment opportunity with both positive and negative financial factors to consider. The strong cash on cash return and cap rate suggest that it could generate a steady income stream, while the attractive rental price enhances its appeal. However, the limited monthly cash flow and higher gross rent multiplier indicate that investors should be cautious and prepared for potential challenges. Overall, if you are looking for a property with solid fundamentals and a modern touch, this could be a worthwhile investment. Don't miss out on the chance to add this property to your portfolio—act now!