Issue #164June 27, 2026
Tampa 8-Unit Cash Flow Lead, Kansas City Midtown Multifamily, Hyde Park Value-Add, Lemon Grove House Hack
Four new active listings only — a Tampa 8-unit with disclosed rent and the best day-one DSCR in the batch, two Kansas City multifamily leads, and a detached San Diego County fourplex house hack. Every deal in this issue was found by Acora.
ACTIVE CASH FLOWMIDTOWN ENTRYHYDE PARK LEASE-UPDETACHED FOURPLEX
ACTIVE CASH FLOW8.3/10
14207 N 12th St Apt A, Tampa, FL 33613
buy & hold multifamily · 8 units$1,550,000
UNDERWRITING
Units
8 · fully occupied
Disclosed Rent
$11,900/mo actual
Cap Rate
7.00% modeled
Est. CoC
4.68%
Cash Required
~$434,000
Annual Cash Flow
~$20,327
DCR
1.23x
OPPORTUNITY
An active 8-unit Tampa multifamily listing at $1,550,000 with all units occupied and $11,900/month in actual rent disclosed on the listing. Six 2-bed/1-bath units and two 3-bed/1-bath units, brand-new A/C units, recent upgrades, RMC-20 zoning, and a 0.52-acre lot.
RISK
The listing does not publish a full T12, operating expense breakdown, or cap rate, so the 7.00% cap and 1.23x DCR are model outputs rather than verified broker financials. Insurance, taxes, management, repairs, and any utility exposure need to be checked before relying on the cash-flow number.
VERDICT
Highest-quality active lead in the batch — live status, actual rent, full occupancy, and positive DSCR at 6.5% debt. First broker call; ask for rent roll, T12, insurance, tax bill, and CapEx receipts.
MIDTOWN ENTRY7.8/10
206 W 34th St, Kansas City, MO 64111
buy & hold multifamily · 8 units$875,000
UNDERWRITING
Units
8 · Midtown KC
Price/Unit
~$109,375
Cap Rate
6.78% estimated
Est. CoC
3.89%
Cash Required
~$245,000
Annual Cash Flow
~$9,538
DCR
1.19x
OPPORTUNITY
Active for sale at $875,000 and listed as a Kansas City multifamily property sourced from Heartland MLS #2601030. The modeled price per unit is attractive for Midtown Kansas City if the 8-unit configuration and market rents from the sourcing pass are confirmed.
RISK
The public listing does not expose current rents, expenses, occupancy, NOI, or a cap rate. Because the underwriting depends on modeled income, the broker package is the entire diligence gate.
VERDICT
Strong second-call lead because the basis is low and cash required is manageable. Becomes publishable only if the T12 and rent roll confirm enough NOI to keep DSCR above roughly 1.15x.
HYDE PARK LEASE-UP7.2/10
4245-4247 Harrison St, Kansas City, MO 64110
multifamily value-add · 15 units$1,550,000
UNDERWRITING
Units
15 · 87% occupied
Price/Unit
$103,333
Cap Rate
6.46% estimated
Est. CoC
2.75%
Cash Required
~$434,000
Annual Cash Flow
~$11,928
DCR
1.14x · stabilizes if vacancies fill
OPPORTUNITY
A 15-unit Hyde Park apartment building at $1,550,000 near Country Club Plaza, Westport, and Downtown Kansas City employers. One studio plus fourteen 1-bed/1-bath units, private balconies, hardwood floors, updated appliances, and on-site laundry.
RISK
The page does not publish income, NOI, or cap rate, and the property is a 1916 Class C mid-rise. The buyer should assume higher repairs, insurance, and reserves until a T12 and inspection say otherwise.
VERDICT
Good value-add feature if readers understand that returns are modeled and lease-up dependent. The right offer should be tied to actual trailing income and the cost to stabilize the two vacant units.
DETACHED FOURPLEX7.5/10
8050-52 Lemon Grove Way, Lemon Grove, CA 91945
house hack · 4 units (owner-occupied)$1,250,000 ask · target $1,190,000-$1,210,000
UNDERWRITING
Units
4 · detached 2-bed/1-bath
Rent Offset (3 units)
~$6,222/mo
Owner Effective Cost
~$3,822/mo (5% conv.)
Modeled Cap (full rental)
~5.44%
DCR
FHA likely fails self-sufficiency
FINANCING
Conv. Down (5%)
~$62,500
Cash to Close (5% conv.)
~$112,500
FHA Down (3.5%)
~$43,750
Annual Rent Offset
~$74,664
OPPORTUNITY
An active four-unit San Diego County property with four large 2-bed/1-bath units, garages, washer/dryer hookups, spacious backyards, dual-pane windows, and limited shared walls on a half-acre-plus lot. Listing notes possible capacity to build additional units in the future.
RISK
1954 construction with rolled/hot mop roof details — inspection quality matters. FHA is listed as an accepted term, but the self-sufficiency test appears to fail at the modeled payment, so buyers should confirm 5% conventional treatment.
VERDICT
Real house-hack lead — occupy one 2-bed unit and rent the other three, bringing effective San Diego County housing cost down substantially. Deal improves materially if the seller negotiates toward $1.19M-$1.21M.
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