Incredibly High Yield Package Deal

$187,771 NOI	3.3 DSCR	20% Cap	61% ROI

$950,000

Incredibly High Yield Package Deal

Waterbury, CT

11 Units . $86,364/unit

$950,000

Anthony Velez

VC Property Group

REB.0795536

Call

Est. $5,772 /mo

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Description Income Loan Terms

$148,771 NOI	2.62 DSCR	16% Cap	39% ROI

% Proforma : % Proforma 81%	Parking On Street
Property Type Type Multifamily	Heating Natural Gas
Buildings 2	Hot Water Natural Gas
Parcel(s) 2	Sewer Public
Year Built 1900	Water Public
Occupancy Occ. 100%	Trash City Pick-up
Sqft 10000 sqft	Utility Split Tenant Paid
Lot Size 22000 acres	Sprinklers No

Highlights

Separate, Tenant Paid Utilities
Low Expenses with STRONG in-place rents
Fully Occupied
102 Boswell Ave, Norwich, Ct
861 Baldwin St, Waterbury, Ct

DO NOT MISS OUT, this won't last!! A combined 11 units with an in-place ROI of 18%. Property is comprised of (9) 2 Bedroom and (2) 1 Bedroom apartments. Needs some TLC, but no major issues, and certainly factored into the price. You will not find a higher yield asset on the market, so call today.

$148,771 NOI	2.62 DSCR	16% Cap	39% ROI

Rental Income	Current	Proforma
1 2 Bed, 1 Bath	1,250	$
2 2 Bed, 1 Bath	1,250	$
3 2 Bed, 1 Bath	1,250	$
4 2 Bed, 1 Bath	1,250	$
5 2 Bed, 1 Bath	1,250	$
6 2 Bed, 1 Bath	1,250	$
7 2 Bed, 1 Bath	1,250	$
8 2 Bed, 1 Bath	1,250	$
9 2 Bed, 1 Bath	1,250	$
10 1 Bed, 1 Bath	1,150	$
11 1 Bed, 1 Bath	1,150	$
Total	$13,550	$16800
Operating Expenses Annualized
Property Taxes	$10,000	$
Insuarance	$2,333	$
HOA	$44	$
Electic	$44	$
Heating	$44	$
Water/Sewer	$44	$
Trash	$44	$
Vacancy	$344	$
Maintenance	$444	$
Management	$44	$
Other	$444	$
Total	$ 13,829	$ 13,829

	Current	Proforma
Sale Price	$950,000	$
Loan Term	30
Rate	7%	%
LTV	75	%
P&I	$4,740	$4,740


Request Loan a Quote
VC Property Group

Anthony Velez

VC Property Group

REB.0795536

Call

Anthony Velez

VC Property Group

Incredibly High Yield Package Deal

Product Description

Loan Matcher