Pros & Cons of 20567 NE 118TH Street, Lake Butler, FL 32054

Investing in real estate can be a rewarding venture, and this newly renovated property presents a unique opportunity. With a solid cap rate of 6.2%, the potential for positive cash flow exists, despite the current negative cash flow of -$83 per month. The property boasts a new metal roof, HVAC system, and modern interior finishes, making it an attractive option for renters. However, investors should be cautious of the negative cash on cash return of -2.0%, which indicates that the initial investment may not yield immediate returns. Balancing these pros and cons is essential for making an informed decision.

Weighing the Investment Potential

In conclusion, this property offers a mix of appealing features and notable risks for potential investors. The newly renovated home with modern amenities and a solid cap rate of 6.2% suggests a promising long-term investment. However, the current negative cash flow and cash on cash return indicate that immediate financial returns may be challenging. Investors should carefully consider their financial strategy and market conditions before proceeding. If you're ready to explore this investment opportunity further, don't hesitate to reach out for more information!