As I type I am running the same DAC with the volume at about 1:00 (so roughly 1.0V output?) into my preamp at 14db gain into the SIT-3 with 11.5 db of gain. 1V output with 25.5db of gain is plenty on my 94db speakers. I typically listen around 83-84db average, so pretty loud.
The OP's scenario could "possibly" work BUT...
System gain is still 10 db less than yours. Not insignificant.
DAC voltage is 1.44 vs 1.8.
His speakers are 3 db less sensitivity than your 94 db.
Perhaps cutting it a bit close it seems.
Charles