Incredibly High Yield Package Deal

Waterbury, CT

0 Units • $0/unit

Est. $7,080 /mo

Get Financing
List Price $950,000
NOI
$-35,998
DSCR
-0.63
Cap
-4%
ROI
-39%
Listing Details
$950,000
Incredibly High Yield Package Deal

Waterbury, CT

0 Units . $0/unit

$950,000

Listed By
Anthony Velez

VC Property Group

REB.0795536

Est. $7,080 /mo

Get Financing
Property Snapshot
0% Proforma
Property Type
Multifamily
Building(s)
2
Sqft
10000 sqft
Parcel(s)
2
Lot Size
22000 acres
Year Built
1900
Highlights
  • 861 Baldwin St, Waterbury, Ct
  • 102 Boswell Ave, Norwich, Ct
  • Fully Occupied with Tenant Paid Utilities
Property Description

DO NOT MISS OUT!!! This will not last. Motivated seller with 2023 level pricing. 11 units, (9) 2 Bedrooms and (2) 1 Bedrooms. The property currently has an in-place 15% ROI, and you will not find a higher yield package on the market. Property needs some TLC, which is reflected in the price. Do not wait, call today.

Property Features
Utilities & Systems
Heating
Natural Gas
Hot Water
Natural Gas
Water
Public
Sewer
Public
Trash
City Pick-up
Electric
1200
Site Amenities
Parking
On Street
Unit Amenities
N/A
Residential Income
Current vs Proforma
Monthly
$0
$0
Annual
$0
$0
Operating Expenses
Annualized
Property Taxes
$17,080
Insurance
$11,000
HOA
$1
Electric
$1,200
Heating
$3,715
Water / Sewer
$3,000
Trash
$1
CAM
$0
Payroll & Benefits
$0
Administrative
$0
Marketing / Leasing
$0
Vacancy - Residential
$0
$0
Vacancy - Commercial
$0
$0
Maintenance
$0
$0
Management
$0
$0
Others
$1
Resi Reserves ($/unit)
$0
Comm Reserves ($/sqft)
$0
Total Expenses
$35,998
$35,998
Loan Terms
Scenario Builder
Sale Price
$950,000
Loan Term
30 years
Rate
7%
LTV
75%
P&I
$4,740
$4,740
Annualized
$56,883
$56,883
Net Cash Flow
$-92,881
$-92,881
Request loan quote from VC Property Group.

Anthony Velez

VC Property Group

REB.0795536

Anthony Velez
Anthony Velez
VC Property Group

Anthony Velez


VC Property Group

REB.0795536