myConnect
Real Estate Listings and Financing
$122,496
NOI
1.5
DSCR
9%
Cap
35%
ROI
166-168 Affleck Street, Hartford, CT
10 Units . $130,000/unit
$1,300,000
VC Property Group
Est. $9,651 /mo
$100,896
1.23
8%
6%
Two turn key apartment buildings on one parcel in the Frog Hollow neighborhood of Hartford. Both the six family and four family apartment buildings were gut renovated in 2013 including updates to the mechanicals and in-unit finishes. There are (8) 2 bedrooms and (2) 3 bedrooms with parking for all units. All units are rented well with anywhere from $0 to $400 in rent loss per unit. Easily take over management and incrementally raise rents to full market value boosting the ROI from 6.8%-12.5%. These projections assume 75% loan to value and 7.5% interest.
Connor Wenchell
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