• Dealsletter
  • Posts
  • #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.

๐Ÿ  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!

๐Ÿšจ 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!

๐Ÿ‘‰๐Ÿผ Stay up to date: Whatโ€™s the latest on mortgage rates?

๐Ÿ“ˆ The Stats: Each listing comes with detailed investment metrics like cap rates, GRM, and special financing options where available.

This Weeks Deals ๐Ÿ˜๏ธ

  1. Multi-Family in Kansas City, MO

  2. BRRRR SFH in Kansas City, MO

  3. Multi-Family in Sacramento, CA

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 ๐Ÿ‘‰๐Ÿผ 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 thereโ€™s 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) ๐Ÿ“

  • 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 ๐Ÿ‘‰๐Ÿผ 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 ๐Ÿ“

  • 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 ๐Ÿ‘‰๐Ÿผ 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) ๐Ÿ“

  • 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

Whatโ€™s Brewing at Dealsletter โ˜•๏ธ

  • Now 3x a Week!
    Weโ€™re increasing our frequency to three issues per week to bring you even more deals and insights. Stay tuned!

  • Premium Version Coming Soon!
    Get ready for a premium option featuring in-depth investment metrics and exclusive content. More details, more value!

  • More Properties in Each Premium Issue
    Our premium version will offer more properties per issue, giving you a wider range of investment opportunities.

  • Our Commitment
    Weโ€™re grinding out the best content and deals to help you succeed in your real estate journey.

A Big Thank You! ๐Ÿ™Œ

We're immensely grateful for our early subscribers. Your trust and engagement are the fuel that drives Dealsletter. We promise to keep delivering top-notch real estate insights and deals.

Until next time,

The Dealsletter Team