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$50,388

NOI

1.97

DSCR

11%

Cap

41%

ROI
NOI
$50,388
DSCR
1.97
Cap
11%
ROI
41%
$450,000
High Yield Investment

18 North A Street, Taftville, CT

4 Family . $112,500/unit

$450,000

Anthony Velez

VC Property Group

REB.0795536
Email
Call

Est. $2,918 /mo

Get Pre-Approved
Description Income Loan Terms

$40,788

NOI

1.59

DSCR

9%

Cap

14%

ROI
% Proforma : % Proforma
87%
 Parking
Off Street
Property Type Type
4 Family
 Heating
Electic
Buildings
1
 Hot Water
Electic
Parcel(s)
1
 Sewer
Public
Year Built
1900
 Water
Public
Occupancy Occ.
25%
 Trash
City Pick-up
Sqft
2400 sqft
 Utility Split
Tenant Paid
Lot Size
11000 acres
 Sprinklers
No
Highlights
  • High Yield Asset
  • 3 Vacant, Rent Ready Units
  • Off Street Parking
  • Separate, Tenant Paid Utilities

Great investment opportunity to acquire a 4 Family with 3 vacant units in rent-ready condition, making this ideal for primary homeowners and investors alike. Vacant units provide opportunity for immediate lease up to attain full market potential right away. Property is situated in a very quite neighborhood about 15 minutes from both Foxwoods and Mohegan Sun. Property consists of four 2 Bedroom units with tenant paid utilities. With the vacant units, this property will yield an estimated 22% ROI inside of 45 days. The 22% takes into consideration a combined 15% for vacancy, maintenance, and management. Don't miss out on this RARE opportunity to acquire a multifamily property and go straight to full market rents, netting over $2,000 per month.

Property Snapshot
87% Proforma
Property Type
4 Family
Building(s)
1
Sqft
2400 sqft
Parcel(s)
1
Lot Size
11000 acres
Year Built
1900
Property Description

Great investment opportunity to acquire a 4 Family with 3 vacant units in rent-ready condition, making this ideal for primary homeowners and investors alike. Vacant units provide opportunity for immediate lease up to attain full market potential right away. Property is situated in a very quite neighborhood about 15 minutes from both Foxwoods and Mohegan Sun. Property consists of four 2 Bedroom units with tenant paid utilities. With the vacant units, this property will yield an estimated 22% ROI inside of 45 days. The 22% takes into consideration a combined 15% for vacancy, maintenance, and management. Don't miss out on this RARE opportunity to acquire a multifamily property and go straight to full market rents, netting over $2,000 per month.

Property Features
Utilities & Systems
Heating
Electic
Hot Water
Electic
Water
Public
Sewer
Public
Trash
City Pick-up
Electric
Site Amenities
Parking
Off Street
Unit Amenities
N/A
Residential Income
Current vs Proforma
2 Bed, 1 Bath
$1,300
2 Bed, 1 Bath
$1,300
2 Bed, 1 Bath
$1,300
2 Bed, 1 Bath
$1,300
Monthly
$5,200
$6,000
Annual
$62,400
$72,000
Operating Expenses
Annualized
Property Taxes
$5,812
Insurance
$3,600
HOA
$0
Electric
$0
Heating
$0
Water / Sewer
$2,400
Trash
$0
Vacancy
$3,400
Maintenance
$3,200
Management
$3,200
Others
$0
Total Expenses
$21,612
$21,612
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