1017 Harmon Ave

Panama City, FL 32401
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3 bd, 2 ba | 1,165 sqft | Built in 2004

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List Price
$217,000

$10K

Initial Investment

$50,413

Purchase Price

$185,000

Down Payment

25%

Rent

$1,250

Total Return

$83,777

Annualized Return

20.6%

Cap Rate

4.4%

Gross Yield

8.1%

Cash Flow

-$2,519

Appreciation

8.9%
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Features

Occupancy

Occupied

Lease Start

12/01/2022

Lease End

12/01/2023

Lot Size

7,405

HOA

None

Flood Risk

Not Required


MARKETS

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NEIGHBORHOOD

SCHOOLS

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Annual Financial Highlights

Expected Rent

$14,250

Expenses

-$4,012

Property Taxes

-$2,700

Loan Payments

-$10,058

Net Cash Flow

-$2,519

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