Real Estate

Pros & Cons of 177 Whirlwind Loop, Hawthorne, FL 32640

Investing in real estate can be a lucrative opportunity, and the property at 177 Whirlwind Loop, Hawthorne, FL 32640, presents a compelling case for potential investors. With its new construction status, modern amenities, and a spacious layout, this home is designed to attract renters and buyers alike. The financial metrics indicate a solid cap rate of 7.1% and a monthly rent of $1,979, which can provide a steady cash flow. However, investors should also consider the cash on cash return of 2.1% and the relatively modest monthly cash flow of $111, which may not meet the expectations of all investors. Balancing these pros and cons is essential for making an informed decision.

What are the Pros of 177 Whirlwind Loop, Hawthorne, FL 32640?

  • Strong cap rate of 7.1%, indicating good potential for returns.
  • Attractive monthly rent of $1,979, providing a steady income stream.
  • New construction with modern features, appealing to renters.
  • Spacious layout with 3 bedrooms and 2 bathrooms, enhancing marketability.
  • No HOA fees, allowing for greater profit margins.

What are the Cons of 177 Whirlwind Loop, Hawthorne, FL 32640?

  • Cash on cash return of 2.1% may be lower than some investors prefer.
  • Monthly cash flow of only $111, which could limit financial flexibility.
  • Potential for higher maintenance costs associated with new construction.

What are potential Red Flags or Risks with 177 Whirlwind Loop, Hawthorne, FL 32640?

  • Market fluctuations could impact rental demand and property value.
  • New construction may face unforeseen issues or delays.
  • Location in a sought-after neighborhood may lead to increased competition.

Property Details for 177 Whirlwind Loop, Hawthorne, FL 32640

Property Detail Name Property Detail Value
Address 177 Whirlwind Loop, Hawthorne, FL 32640
Property Type Single Family
Price $317,999
Price Change -$7,001
Tax Assessed Value $17,280
Non Owner Occupied? Yes
Pre Foreclosure Auction No
Bedrooms 3.0
Bathrooms 2.0
Living Area 1,270.0
Lot Area 2.16
Lot Area Unit ACRES
Year Built 2024

Weighing the Investment Potential

In conclusion, the property at 177 Whirlwind Loop offers a mix of attractive financial metrics and potential drawbacks that investors must carefully consider. The strong cap rate and appealing rental income suggest a promising investment opportunity, particularly for those looking to enter the rental market. However, the lower cash on cash return and modest monthly cash flow may not align with every investor's goals. It's crucial to evaluate your financial strategy and risk tolerance before making a decision. If you're ready to explore this investment further, schedule your showing today!

Financial Summary for 177 Whirlwind Loop, Hawthorne, FL 32640

Financial Metric Name Financial Metric Value
Cash on Cash Return 2.1%
Monthly Rent $1,979
Net Operating Income $1,884
Cap Rate 7.1%
Monthly Cash Flow $111
Gross Rent Multiplier 13.4
Debt Service Coverage Ratio 1.2
Principal and Interest $1,585
Tax $188
HOA Fees $0
Insurance $95
Total Payment $1,868