Pros & Cons of 2018 Umbrella Tree Dr, Edgewater, FL 32141

This charming 2-bedroom, 2-bathroom saltwater pool home in Edgewater presents a unique opportunity for real estate investors. With a solid cash on cash return of 4.4% and a cap rate of 7.7%, this property offers promising financial returns. The monthly rent of $2,107 and a net operating income of $2,012 contribute to a healthy monthly cash flow of $232, making it an attractive investment. However, potential investors should also consider the local market dynamics and the property's proximity to amenities, which can influence long-term value. While the absence of HOA fees is a significant advantage, the overall investment should be evaluated against potential risks such as market fluctuations and maintenance costs.

Weighing the Investment Potential

In conclusion, this property presents a compelling investment opportunity with its strong financial metrics, including a cap rate of 7.7% and a monthly cash flow of $232. The absence of HOA fees and the attractive rental income further enhance its appeal. However, investors must remain vigilant about potential market risks and maintenance costs that could affect profitability. Overall, this property stands out as a solid choice for those looking to invest in a vibrant area with access to numerous amenities and recreational activities. Don't miss out on the chance to secure a valuable asset in Edgewater!