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#68: Oakland & Kansas City Multifamily + High ROI Flip

This week’s issue includes a turnkey 5-unit in Oakland, a high-ROI house flip, a 26-unit value-add in Kansas City, and a prime KU Med 7-unit investment!

Author

Kevin
March 14, 2025

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Hello Investors,

Welcome to Dealsletter #67 - This week features a mixed-use SoMa investment, a high-cash-flow Oakland duplex, a turnkey Kansas City 4-plex, and a Maui fixer-upper flip!

Let’s dive in! 👇

🚨 Note on Numbers: All calculations for investment properties are based on a 25% down payment and a current interest rate of 6.82%, unless otherwise stated. For house hacks, we assume a 5% down payment with PMI at 0.4% and a 6.24%(FHA) interest rate. We do the math so you can focus on what matters – the deals!

👉🏼 Stay up to date: What’s the latest on mortgage rates?

📈 The Stats: Each listing comes with detailed investment metrics like cap rates, GRM, and special financing options where available.

Mixed-Use Turnkey Investment in SoMa, SF

Why This Is a Great Investment

A rare mixed-use property in the heart of San Francisco’s SoMa district, this 11-unit Queen Anne-style building features 10 updated 1-bed apartments plus a ground-floor retail space with strong rental demand. 74% of the surrounding population are renters, making this a high-demand multifamily asset. Located near Airbnb, Discord, and Adobe, this property offers strong tenant appeal and rental upside.

The Stats (25% Down, Current Rents in Place) 📝

  • Purchase Price: $2,600,000

  • Gross Rent: $22,495/month (Average $2,045/month per unit)

  • Vacancy (10%): -$2,250/month

  • Operating Expenses: $4,817/month

    • Taxes: $2,330

    • Insurance: $238

    • Maintenance: $1,125

    • Capital Expenditures: $1,125

  • Net Operating Income: $15,428/month

  • Loan Payments: $13,635

  • Cash Flow (with Vacancy): $1,793

  • Cash Flow (without Vacancy): $4,043/month

  • Debt Service Coverage Ratio: 1.3

  • Capitalization Rate: 7.1%

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Oakland Duplex (Fully Vacant & Turnkey)

Why This Is a Great Investment

A fully vacant, move-in-ready duplex offering immediate market rent potential in a prime Oakland location. Both units are completely renovated with modern kitchens, in-unit laundry, and high ceilings. With walkability to BART, Uptown, and Downtown Oakland, this is an ideal house hack or investor rental.

The Stats (25% Down House Hack, Section 8 Rents) 📝

  • Purchase Price: $799,000

  • Vacancy (0%): City of Oakland back-pays vacancy periods

  • Gross Rent: $7,214/month

  • Operating Expenses: $1,813/month

    • Taxes: $826

    • Insurance: $266

    • Maintenance: $361

    • Capital Expenditures: $361

  • NOI: $4,994/month

  • Loan Payments: $4,190/month

  • Cash Flow: $1,221/month

  • DSCR: 1.29

4-Unit Cash Flow Investment in Kansas City

Why This Is a Great Investment

A fully renovated 4-unit property in Kansas City’s appreciating market, this turnkey asset offers high rent stability with an experienced property manager in place. An adjacent lot provides room for future development or additional parking.

The Stats(25% Down, Current Rent Roll) 📝

  • Purchase Price: $405,000

  • Cap Rate: 8.1%

  • Gross Rent: $4,716/month

  • Vacancy (10%): -$472/month

  • Operating Expenses: $1,097/month

    • Taxes: $417/month

    • Insurance: $208/month

    • Maintenance: $236/month

    • Capital Expenditures: $236/month

  • NOI: $3,147/month

  • Loan Payments: $2,124/month

  • Cash Flow: $1,024/month

Maui House Flip with High ROI

Why This Is a Great Investment

A Maui fixer-upper with strong value-add potential, this property is perfect for investors or home flippers. The spacious backyard allows for potential expansion, and the bones of the home are solid. With the Hawaii real estate market remaining strong, this is a prime flip opportunity.

The Stats(10% Down, Hard Money Loan) 📝

  • Purchase Price: $985,000

  • Estimated Rehab Costs: $82,500

  • After Repair Value (ARV): $1,250,000

  • Holding Period: 3 months

  • Holding Costs: $28,152

  • Profit: $68,548

  • Return on Investment (ROI): 44%

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Until next time,

The Dealsletter Team

Disclaimer: The content provided through Dealsletter, including investment metrics, property analysis, and rewards materials, is for informational and educational purposes only. It does not constitute financial, legal, or investment advice. Always conduct your own due diligence or consult a licensed professional before making any investment decisions. Dealsletter assumes no responsibility for any financial outcomes resulting from actions taken based on the information provided.