Tri-peaked Three Family Home

$46,304 NOI	1.86 DSCR	12% Cap	47% ROI

$399,000

Tri-peaked Three Family Home

30-32 Shultas Place, Hartford, CT

3 Family . $133,000/unit

$399,000

Connor Wenchell

VC Property Group

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Est. $2,804 /mo

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Description Income Loan Terms

$30,704 NOI	1.24 DSCR	8% Cap	7% ROI

% Proforma : % Proforma 75%	Parking Off Street
Property Type Type 3 Family	Heating Natural Gas
Buildings 1	Hot Water Natural Gas
Parcel(s) 1	Sewer Public
Year Built 1910	Water Public
Occupancy Occ. 100%	Trash City Pick-up
Sqft 3070 sqft	Utility Split Tenant Paid
Lot Size 9052 acres	Sprinklers No

Highlights

Strong in place rents
Off street parking
Garage

Located in the Lower West Side of Hartford, this three family home offers excellent potential for investors seeking immediate returns with strong upside. The property is fully occupied featuring (2) three bedroom units and (1) two bedroom unit. Tenants are responsible for their own utilities (gas and electric). With an unburdened return on investment over 10%, this property will be sold As-Is. Minor cosmetic repairs in units will justify increasing rents closer to full market value. Don’t miss the chance to add this promising property to your portfolio!

$30,704 NOI	1.24 DSCR	8% Cap	7% ROI

Rental Income	Current	Proforma
1	$1,500	$
2	$1,300	$
3	$1,100	$
Total	$3,900	$5200
Operating Expenses Annualized
Property Taxes	$6,109	$
Insuarance	$2,700	$
HOA	$	$
Electic	$500	$
Heating	$	$
Water/Sewer	$	$
Trash	$	$
Vacancy	$2,340	$
Maintenance	$2,224	$
Management	$2,223	$
Other	$	$
Total	$ 16,096	$ 16,096

	Current	Proforma
Sale Price	$399,000	$
Loan Term	30
Rate	6.75%	%
LTV	80	%
P&I	$2,070	$2,070


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VC Property Group

Connor Wenchell

VC Property Group

Call

Connor Wenchell

VC Property Group

Tri-peaked Three Family Home

Product Description

Loan Matcher