3311 S ATLANTIC AVE #604 (MLS: V4944620) For Sale

3311 S ATLANTIC AVE #604, (Volusia), Daytona Beach Florida 32118

Currently Rented at $3,000.00 / month

Area: 2072

Property Info

  • MLS V4944620
  • Unit No 604
  • Bedrooms 3
  • Bathrooms 3
  • Area (sqft) 2072
  • Living Area (sqft) 2072
  • Foundation Pillar/Post/Pier
  • Min Lease Pillar/Post/Pier
  • HOA Fees $1,194.22

Interior Features

  • Ceiling Fans(s)
  • Living Room/Dining Room Combo
  • Primary Bedroom Main Floor
  • Split Bedroom
  • Walk-In Closet(s)

Buy Price

$
$599,900.00

Rental Price

$
$3,000.00
  • Cap Rate
  • 2.4%
  • Gross Yield
  • 6%
  • Lease End Date
  • July 22, 2026

  • Rent Amount
  • $3,000.00

Cash Flow

Cap Rate2.4 Gross Yield6% Annual Rent$36,000.00 Property Taxes$7,165.00 Operating Expenses0
Year 1 Year 5 Year 10
Expected Rent $36,000.00 $3,000.00 / mo $180,000.00 $3,000.00 / mo $360,000.00 $3,000.00 / mo
Estimated Expenses $7,165.00 $35,825.00 $71,650.00
Net Cash Flow $28,835.00 $144,175.00 $288,350.00
HOA Fees $14,330.64 $71,653.20 $143,306.40