1600 S PALMETTO AVE #120 (MLS: O6358443) For Sale

1600 S PALMETTO AVE #120, (Volusia), Daytona Beach Florida 32119

Currently Rented at $1,350.00 / month

Area: 960

Property Info

  • MLS O6358443
  • Unit No 120
  • Bedrooms 2
  • Bathrooms 2
  • Area (sqft) 960
  • Living Area (sqft) 960
  • Foundation Slab
  • Min Lease Slab
  • HOA Fees $280.00

Interior Features

  • Ceiling Fans(s)
  • PrimaryBedroom Upstairs
  • Solid Surface Counters
  • Solid Wood Cabinets

Buy Price

$
$135,000.00

Rental Price

$
$1,350.00
  • Cap Rate
  • 9.2%
  • Gross Yield
  • 12%
  • Lease End Date
  • December 15, 2026
  • Rent Amount

  • $1,350.00

Cash Flow

Cap Rate9.2 Gross Yield12% Annual Rent$16,200.00 Property Taxes$406.32 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $16,200.00 $1,350.00 / mo $81,000.00 $1,350.00 / mo $162,000.00 $1,350.00 / mo
Estimated Expenses $406.32 $2,031.60 $4,063.20
Net Cash Flow $15,793.68 $78,968.40 $157,936.80
HOA Fees $3,360.00 $16,800.00 $33,600.00

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