3 20
×
Previous Next

$49,908

NOI

1.95

DSCR

11%

Cap

41%

ROI
NOI
$49,908
DSCR
1.95
Cap
11%
ROI
41%
$450,000
High Yield Asset

681 N Main St, Norwich, CT

4 Family . $112,500/unit

$450,000

Anthony Velez

VC Property Group

REB.0795536
Email
Call

Est. $2,991 /mo

Get Pre-Approved
Description Income Loan Terms

$38,376

NOI

1.5

DSCR

9%

Cap

11%

ROI
% Proforma : % Proforma
84%
 Parking
On Street
Property Type Type
4 Family
 Heating
Natural Gas
Buildings
1
 Hot Water
Natural Gas
Parcel(s)
1
 Sewer
Public
Year Built
1900
 Water
Public
Occupancy Occ.
100%
 Trash
City Pick-up
Sqft
3600 sqft
 Utility Split
Tenant Paid
Lot Size
11000 acres
 Sprinklers
No
Highlights
  • Fully Stabilized
  • Tenant Paid Utilities

Great investment opportunity to acquire a 4 Family property with GREAT cashflow. Property consists of four 2 Bedroom units with tenant paid utilities.

Property Snapshot
84% Proforma
Property Type
4 Family
Building(s)
1
Sqft
3600 sqft
Parcel(s)
1
Lot Size
11000 acres
Year Built
1900
Property Description

Great investment opportunity to acquire a 4 Family property with GREAT cashflow. Property consists of four 2 Bedroom units with tenant paid utilities.

Property Features
Utilities & Systems
Heating
Natural Gas
Hot Water
Natural Gas
Water
Public
Sewer
Public
Trash
City Pick-up
Electric
Site Amenities
Parking
On Street
Unit Amenities
N/A
Residential Income
Current vs Proforma
2 Bed, 1 Bath
$1,325
2 Bed, 1 Bath
$1,293
2 Bed, 1 Bath
$1,221
2 Bed, 1 Bath
$1,200
Monthly
$5,039
$6,000
Annual
$60,468
$72,000
Operating Expenses
Annualized
Property Taxes
$6,692
Insurance
$3,600
HOA
$0
Electric
$0
Heating
$0
Water / Sewer
$2,400
Trash
$0
Vacancy
$3,200
Maintenance
$3,100
Management
$3,100
Others
$0
Total Expenses
$22,092
$22,092
Loan Terms
Scenario Builder
Sale Price
$450,000
Loan Term
30
Rate
6.5%
LTV
75%
P&I
$2,133
$2,133
Request loan quote from VC Property Group.
Anthony Velez
Anthony Velez
VC Property Group

Anthony Velez


VC Property Group

REB.0795536
Email
Call