Massive Brick Six Family

$79,316 NOI	1.66 DSCR	10% Cap	39% ROI

$799,000

Massive Brick Six Family

Hartford, CT

6 Units . $133,167/unit

$799,000

Connor Wenchell

VC Property Group

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Est. $5,727 /mo

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Description Income Loan Terms

$77,396 NOI	1.62 DSCR	10% Cap	15% ROI

% Proforma : % Proforma 98%	Parking Off Street
Property Type Type Multifamily	Heating Natural Gas
Buildings 1	Hot Water Natural Gas
Parcel(s) 1	Sewer Public
Year Built 1910	Water Public
Occupancy Occ. 100%	Trash Owner Paid
Sqft 6914 sqft	Utility Split Tenant Paid
Lot Size 11813 acres	Sprinklers No

Highlights

Gut renovated units
Cold flat
Ample parking

Gut renovated 6 family asset to be sold at a 10% CAP RATE AS IS! The property features an impressive facade, quality craftsmanship, and subsidized rental premiums. Not to mention there is off street parking for all units, washer/dryer hookups, and brand new dual heat and hot water gas powered heaters for all units. Stabilized is an UNDERSTATEMENT!

$77,396 NOI	1.62 DSCR	10% Cap	15% ROI

Rental Income	Current	Proforma
1 2 Bed, 1 Bath	1,660	$
2 2 Bed, 1 Bath	1,660	$
3 2 Bed, 1 Bath	1,660	$
4 2 Bed, 1 Bath	1,660	$
5 3 Bed, 1 Bath	1,800	$
6 3 Bed, 1 Bath	1,800	$
Total	$10,240	$10400
Operating Expenses Annualized
Property Taxes	$15,488	$
Insuarance	$5,400	$
HOA	$	$
Electic	$1,000	$
Heating	$	$
Water/Sewer	$	$
Trash	$4,000	$
Vacancy	$6,240	$
Maintenance	$5,928	$
Management	$5,928	$
Other	$1,500	$
Total	$ 45,484	$ 45,484

	Current	Proforma
Sale Price	$799,000	$
Loan Term	30
Rate	7%	%
LTV	75	%
P&I	$3,987	$3,987


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VC Property Group

Connor Wenchell

VC Property Group

Call

Connor Wenchell

VC Property Group

Massive Brick Six Family

Product Description

Loan Matcher