High Yield Asset Near Downtown

3 20

$59,077 NOI	2.12 DSCR	13% Cap	49% ROI

NOI

$59,077

DSCR

2.12

Cap

13%

ROI

49%

$449,000

High Yield Asset Near Downtown

184 Harwinton Avenue, Torrington, CT

4 Family . $112,250/unit

$449,000

Anthony Velez

VC Property Group

REB.0795536

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Est. $3,228 /mo

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Description Income Loan Terms

$40,957 NOI	1.47 DSCR	9% Cap	15% ROI

% Proforma : % Proforma 75%	Parking Off Street
Property Type Type 4 Family	Heating Electic
Buildings 1	Hot Water Natural Gas
Parcel(s) 1	Sewer Public
Year Built 1920	Water Public
Occupancy Occ. 100%	Trash City Pick-up
Sqft 4000 sqft	Utility Split Tenant Paid
Lot Size 11000 acres	Sprinklers No

Highlights

Day 1 Cash Flow
Tenant Paid Utilities
Off Street Parking

Cashflowing asset in High Yield Market. Property consists of (4) 2 Bedroom units with tenant paid utilities.

$40,957 NOI	1.47 DSCR	9% Cap	15% ROI

Rental Income	Current	Proforma
1 2 Bed, 1 Bath	$1,195	$
2 2 Bed, 1 Bath	$1,195	$
3 2 Bed, 1 Bath	$1,150	$
4 2 Bed, 1 Bath	$950	$
Total	$4,490	$6000
Operating Expenses Annualized
Property Taxes	$6,123	$
Insuarance	$4,800	$
HOA	$0	$
Electic	$0	$
Heating	$0	$
Water/Sewer	$0	$
Trash	$0	$
Vacancy	$2,000	$
Maintenance	$0	$
Management	$0	$
Other	$0	$
Total	$ 12,923	$ 12,923

	Current	Proforma
Sale Price	$449,000	$
Loan Term	30
Rate	6.7%	%
LTV	80	%
P&I	$2,318	$2,318


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VC Property Group

Product Description

Cashflowing asset in High Yield Market. Property consists of (4) 2 Bedroom units with tenant paid utilities.

Location

Property Snapshot

75% Proforma

Property Type

4 Family

Building(s)

Sqft

4000 sqft

Parcel(s)

Lot Size

11000 acres

Year Built

1920

Property Description

Cashflowing asset in High Yield Market. Property consists of (4) 2 Bedroom units with tenant paid utilities.

Property Features

Utilities & Systems

Heating

Electic

Hot Water

Natural Gas

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

$1,195

2 Bed, 1 Bath

$1,195

2 Bed, 1 Bath

$1,150

2 Bed, 1 Bath

$950

Monthly

$4,490

$6,000

Annual

$53,880

$72,000

Operating Expenses

Annualized

Property Taxes

$6,123

Insurance

$4,800

HOA

Electric

Heating

Water / Sewer

Trash

Vacancy

$2,000

Maintenance

Management

Others

Total Expenses

$12,923

Loan Terms

Scenario Builder

Sale Price

$449,000

Loan Term

Rate

6.7%

LTV

80%

P&I

$2,318

Request loan quote from VC Property Group.

Anthony Velez

VC Property Group

Anthony Velez

VC Property Group

REB.0795536

Call

Anthony Velez

VC Property Group

High Yield Asset Near Downtown

Product Description

Loan Matcher