Pros & Cons of 22 Felter Ln, Palm Coast, FL 32137

Investing in real estate can be a lucrative venture, and this property in the desirable Palm Harbor neighborhood of Palm Coast presents a compelling opportunity. With modern updates and ample living space, this 3-bedroom, 2-bath pool home is designed for comfortable living and entertaining. The financial metrics indicate a solid cap rate of 7.0% and a monthly rent of $2,139, which can provide a steady income stream. However, potential investors should also consider the cash on cash return of 1.2% and the modest monthly cash flow of $68, which may not meet the expectations of all investors. Balancing these financial factors is crucial for making an informed decision.

Weighing the Investment Potential

In conclusion, this property offers a mix of attractive features and potential drawbacks for investors. The strong cap rate and reliable monthly rent are significant positives, suggesting a solid return on investment. However, the low cash on cash return and minimal monthly cash flow may deter some investors looking for more immediate financial benefits. It's essential to consider both the appealing aspects and the financial limitations when evaluating this property. For those willing to navigate the potential risks, this home could be a valuable addition to their real estate portfolio. Schedule your showing today to explore this opportunity further!