231 RIVERSIDE DR #410-1 (MLS: FC321593) For Sale
231 RIVERSIDE DR #410-1,
(Volusia),
Daytona Beach Florida 32117
Currently Rented at $2,650.00 / month
Area: 2079
- MLS FC321593
- Unit No 410-1
- Bedrooms 3
- Bathrooms 3
- Area (sqft) 2079
- Living Area (sqft) 1992
- Foundation Slab
- Min Lease Slab
- HOA Fees $2,678.18
- Ceiling Fans(s)
- Elevator
- Primary Bedroom Main Floor
- Split Bedroom
- Thermostat
- Walk-In Closet(s)
- Window Treatments
Cash Flow
|
Cap Rate-1.4
|
Gross Yield10.6%
|
Annual Rent$31,800.00
|
Property Taxes$3,928.00
|
Operating Expenses0
|
|
|
|
|
Year 1 |
Year 5 |
Year 10 |
| Expected Rent |
|
|
|
$31,800.00 $2,650.00 / mo
|
$159,000.00 $2,650.00 / mo
|
$318,000.00 $2,650.00 / mo
|
| Estimated Expenses |
|
|
|
$3,928.00 |
$19,640.00 |
$39,280.00 |
| Net Cash Flow |
|
|
|
$27,872.00 |
$139,360.00 |
$278,720.00 |
| HOA Fees |
|
|
|
$32,138.16 |
$160,690.80 |
$321,381.60 |
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