|
$29,040 NOI |
$-19,170 NCF |
0.6 DSCR |
3% Cap |
-8% ROI |
Townhouse Style Multi-Family
Waterbury, CT
6 Units . $141,667/unit
$850,000
Description
Income
Expenses
Highlights
|
$29,040 NOI |
$-19,170 NCF |
0.6 DSCR |
3% Cap |
-8% ROI |
| % Proforma : % Proforma :
50%
|
Parking :
Off Street
|
| Property Type : Type :
Multifamily
|
Heating :
Electic
|
| Buildings :
1
|
Hot Water :
Electic
|
| Parcel(s) :
|
Sewer :
Public
|
| Year Built :
1989
|
Water :
Public
|
| Occupancy : Occ. :
100%
|
Trash :
City Pick-up
|
| Sqft:
5888 sqft
|
Utility Split :
Tenant Paid
|
| Lot Size :
11761 acres
|
Sprinklers :
No
|
- 1.5 Bathrooms
- Attached Garages/Basements
- In Unit Washer/Dryer Hookups
All units have the same layout consisting of two bedrooms, one and a half bathrooms, and a porch. Despite the attractive unit mixes, they are rented for only 50% of the current market value . Half of the units have semi-finished basements in place of an attached garage, but all units have laundry hookups on that bottom most level. The proforma rents in place will yield over a 15% return on investment assuming an $850,000 purchase price, 75% loan-to-value, 25 year amortization, and a 6.5% interest rate.
