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- #34: New Investor? Check Out This BRRRR + Cash-Flow Multi-Family Deals!
#34: New Investor? Check Out This BRRRR + Cash-Flow Multi-Family Deals!
Perfect BRRRR for Beginners and Steady Cash-Flow Multifamily Deals Await!
Hello Investors,
Welcome to Dealsletter Issue #34! This week, we are presenting three distinct investment opportunities designed for different strategies, including house hacking in Sacramento, value-add multifamily in Kansas City, and a BRRRR deal for experienced investors. Whether you're looking to boost cash flow, enhance equity, or increase long-term appreciation, this issue has something for everyone.
๐ Share the Love: If you're enjoying the insights and deals, why not spread the word? Forward this newsletter to friends and fellow investors. Don't let them miss out on these golden opportunities!
๐จ Note on Numbers: All calculations for investment properties are based on a 25% down payment and a current interest rate of 6.5%, unless otherwise stated. For house hacks, we assume a 5% down payment with PMI at 0.4% and a 6.44% interest rate. We do the math so you can focus on what matters โ the deals!
๐๐ผ Stay up to date: Whatโs the latest on mortgage rates?
๐ The Stats: Each listing comes with detailed investment metrics like cap rates, GRM, and special financing options where available.
This Weeks Deals ๐๏ธ
Multi-Family in Kansas City, MO
Property: Campbell St, 8 Units
Cap Rate: 5.95%
BRRRR SFH in Kansas City, MO
Property: Laurel Ave, SFH
Cap Rate: 16% (Post Rehab)
Multi-Family in Sacramento, CA
Property: 29th Ave, 8 Units
Cap Rate: 5.95%
Multi-Family
Property: 2729 Campbell St, Kansas City, MO
Price: $1,550,000
Units: 16 (8 Studios, 8 One-Bedrooms)
Cap Rate: 5.95%
Why This is a Great Investment ๐๐ผ Located in the booming Hospital Hill neighborhood, this well-maintained 16-unit apartment building offers strong tenant demand due to its proximity to nearby hospitals and medical schools. Half of the units have already been renovated, and thereโs value-add potential through upgrading the remaining units and adding in-unit laundry. With on-site parking, laundry, and recent roof improvements, this property is positioned for long-term stability
The Stats (25% Down) ๐
Gross Rent: $15,200/mo
Total Operating Expenses: Estimated at $4,500/mo
Net Operating Income (NOI): $94,579/year
Cash on Cash Return: 5.95%
BRRRR Single Family Home
Property: 3829 Laurel Ave, Kansas City, MO
Price: $96,500
Units: 1 (Single Family Home: 3 Bed/2.5 Bath)
Cap Rate: 16% Post-Rehab
ARV: $255,000
Why This is a Great Investment ๐๐ผ For new or experienced investors, this BRRRR deal offers a substantial return on investment. With a purchase price of $96,500 and rehab costs of $55,000, the property is expected to appraise at $255,000 post-renovation. This presents an excellent opportunity to refinance and pull out your invested capital. Estimated cash flow post-refinance is moderate, making this deal attractive for those looking to scale quickly.
The Stats ๐
Purchase Price: $96,500
Rehab Costs: $55,000
ARV: $255,000
Cash Flow (Post-Refi): Moderate
Cap Rate: 16%
Multi-Family
Property: 2700-2714 29th Ave, Sacramento, CA
Price: $1,395,000
Units: 8 Single-Family Homes on One Lot
Cap Rate: 5.95%
Why This is a Great Investment ๐๐ผ This investment property consists of eight single-family homes located on one parcel in the desirable Hollywood Park neighborhood of Sacramento. Each home is a 2-bedroom, 1-bathroom unit, offering consistent rental income. With 7 of the 8 units currently occupied, the most recent vacancy was filled at $1,795/month, setting a new rental standard for future vacancies. The property is individually metered for gas and electric, with room for rent growth and the potential to expand several units or add ADUs for even higher returns. This property is perfect for investors seeking stable cash flow with upside potential.
The Stats (25% Down) ๐
Gross Rent: $12,565/mo (7 units)
Total Operating Expenses: Estimated at $3,800/mo
Net Operating Income (NOI): $94,579/year
Cap Rate: 5.95%
Cash on Cash Return: 5.95%
Potential for Rent Increases & Expansion
Whatโs Brewing at Dealsletter โ๏ธ
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Until next time,
The Dealsletter Team