647 S DELAWARE AVE (MLS: O6220154) For Sale

647 S DELAWARE AVE, (Volusia), Deland Florida 32720

Currently Rented at $1,800.00 / month

Area: 1306

Property Info

  • MLS O6220154
  • Unit No -
  • Bedrooms 4
  • Bathrooms 1
  • Area (sqft) 1306
  • Living Area (sqft) 1306
  • Foundation Crawlspace, Slab
  • Min Lease Crawlspace, Slab

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Split Bedroom

Buy Price

$
$215,000.00

Rental Price

$
$1,800.00
  • Cap Rate
  • 8.5%
  • Gross Yield
  • 10%
  • Lease End Date
  • July 19, 2027
  • Rent Amount

  • $1,800.00

Cash Flow

Cap Rate8.5 Gross Yield10% Annual Rent$21,600.00 Property Taxes$3,275.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $21,600.00 $1,800.00 / mo $108,000.00 $1,800.00 / mo $216,000.00 $1,800.00 / mo
Estimated Expenses $3,275.00 $16,375.00 $32,750.00
Net Cash Flow $18,325.00 $91,625.00 $183,250.00

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