Pros & Cons of 14 Forsythe Ln, Palm Coast, FL 32137

Investing in real estate can be a lucrative opportunity, and this property in Palm Coast, Florida, presents a compelling case for potential investors. With brand new roofing, A/C unit, and stainless steel appliances, this updated 3-bedroom, 2-bathroom home offers modern amenities and a welcoming ambiance. The financial metrics are promising, showcasing a cash on cash return of 5.3% and a cap rate of 7.8%, indicating solid investment potential. However, it's essential to consider the monthly cash flow of $266 and the debt service coverage ratio of 1.3, which may raise some concerns for investors looking for higher returns. Overall, this property balances attractive features with some financial considerations that warrant careful evaluation.

Weighing the Investment Potential

In conclusion, this property presents a unique opportunity for real estate investors looking to capitalize on the Palm Coast market. The attractive financial metrics, including a cap rate of 7.8% and a cash on cash return of 5.3%, highlight its potential for generating income. However, the monthly cash flow of $266 and a debt service coverage ratio of 1.3 suggest that investors should proceed with caution. Balancing the property's appealing features with the financial considerations will be crucial in making an informed investment decision. If you're ready to explore this opportunity further, schedule a showing today and see the potential for yourself!