|
$39,716 NOI |
$18,156 NCF |
1.84 DSCR |
10% Cap |
19% ROI |
Cash Flowing Multi-Family in the south End
Hartford, CT
3 Family . $126,333/unit
$379,000
Description
Income
Expenses
Highlights
|
$39,716 NOI |
$18,156 NCF |
1.84 DSCR |
10% Cap |
19% ROI |
| % Proforma : % Proforma :
82%
|
Parking :
Off Street
|
| Property Type : Type :
3 Family
|
Heating :
Natural Gas
|
| Buildings :
1
|
Hot Water :
Natural Gas
|
| Parcel(s) :
|
Sewer :
Public
|
| Year Built :
1900
|
Water :
Public
|
| Occupancy : Occ. :
100%
|
Trash :
City Pick-up
|
| Sqft:
3360 sqft
|
Utility Split :
Tenant Paid
|
| Lot Size :
7500 acres
|
Sprinklers :
No
|
- 10% ROI at entry
- Exceeds 1:1 parking
- Two separate egresses
This three family home in the South End of Hartford provides ample cash flow to secure a loan at entry. All of the units have three bedrooms, one bathroom, and at least two parking spaces that are rented well, but can be increased by another $200 per unit. The second floor bathroom was recently redone, but the roof and siding need to be replaced along with some water damaged sheet rock. A total of $4,200/ month in rental income will help offset renovation expenses for a new owner.
