Incredibly High Yield Package Deal

$136,802 NOI	2.4 DSCR	14% Cap	61% ROI

$950,000

Incredibly High Yield Package Deal

Waterbury, CT

11 Units . $86,364/unit

$950,000

Anthony Velez

VC Property Group

REB.0795536

Call

Est. $7,080 /mo

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Description Income Loan Terms

$91,442 NOI	1.61 DSCR	10% Cap	15% ROI

% Proforma : % Proforma 78%	Parking On Street
Property Type Type Multifamily	Heating Natural Gas
Buildings 2	Hot Water Natural Gas
Parcel(s) 2	Sewer Public
Year Built 1900	Water Public
Occupancy Occ. 100%	Trash City Pick-up
Sqft 10000 sqft	Utility Split Tenant Paid
Lot Size 22000 acres	Sprinklers No

Highlights

861 Baldwin St, Waterbury, Ct
102 Boswell Ave, Norwich, Ct
Fully Occupied with Tenant Paid Utilities

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.

$91,442 NOI	1.61 DSCR	10% Cap	15% ROI

Rental Income	Current	Proforma
1 2 Bed, 1 Bath	1,250	$
2 2 Bed, 1 Bath	1,150	$
3 2 Bed, 1 Bath	1,100	$
4 2 Bed, 1 Bath	1,100	$
5 2 Bed, 1 Bath	1,000	$
6 2 Bed, 1 Bath	995	$
7 2 Bed, 1 Bath	1,650	$
8 2 Bed, 1 Bath	1,500	$
9 2 Bed, 1 Bath	1,330	$
10 1 Bed, 1 Bath	1,150	$
11 1 Bed, 1 Bath	795	$
Total	$13,020	$16800
Operating Expenses Annualized
Property Taxes	$17,080	$
Insuarance	$11,000	$
HOA	$1	$
Electic	$1,200	$
Heating	$3,715	$
Water/Sewer	$3,000	$
Trash	$1	$
Vacancy	$9,600	$
Maintenance	$9,600	$
Management	$9,600	$
Other	$1	$
Total	$ 64,798	$ 64,798

	Current	Proforma
Sale Price	$950,000	$
Loan Term	30
Rate	7%	%
LTV	75	%
P&I	$4,740	$4,740


Request Loan a Quote
VC Property Group

Anthony Velez

VC Property Group

REB.0795536

Call

Anthony Velez

VC Property Group

Incredibly High Yield Package Deal

Product Description

Loan Matcher