Hello Investors,

Welcome to Dealsletter #48! This week, we’re bringing you a variety of hot real estate opportunities tailored for every type of investor: a flip opportunity in San Jose, a house hack in Berkeley, a dual-use multifamily in San Diego, and an 8% Cap gem in Las Vegas. Whether you’re building equity, cash flow, or just starting, these deals have something for everyone.

House Flip

Property: 10774 Porter Ln, San Jose, CA
Price: $985,000
SFH: 4 Beds, 2 Baths, 1,536 soft
ROI: 33%

Why This is a Great Investment 👉🏼 This fixer-upper is located in San Jose’s sought-after East Foothills. Surrounded by parks, trails, and the San Jose Country Club, this property is perfect for a quick and profitable flip. With a 3-month holding period and strong resale value, it’s ideal for investors looking for a fast turnaround.

The Stats (10% Down w/ HML Financing) 📝

• Rehab Costs: $63,800 (Include 10% cost overrun)

• Purchase Price: $995,000

• ARV: $1,225,000

• Profit: $53,023

• ROI: 33.7%

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House Hack

Property: 1505 Tyler St, Berkeley, CA
Price: $998,000
Stats: 4 beds, 3 baths, 1,529 sqft
ADU Rent: $2,100/month

Why This is a Great Investment 👉🏼 This Craftsman-style property features a 3-bed, 2-bath main house and a fully-permitted 1-bed, 1-bath ADU built in 2021. Located near Ashby BART, Berkeley Bowl, and Whole Foods, this is a prime opportunity for offsetting your mortgage while enjoying a highly desirable neighborhood.

The Stats (10% Down) 📝

• Gross Rent (ADU): $2,100/month

• Operating Expenses: $1,111/month

• Loan Payments: $5,797/month

• Effective Mortgage (w/ ADU rented): $4,806/month

Multi-Family (with HUGE House Hack Option)

Property: 3643-45 Logan Ave, San Diego, CA
Price: $1,599,000
Units: 5 (3 x 3-Bed/1-Bath, 2 x 1-Bed/1-Bath)
Cap Rate: 7.03%

Why This is a Great Investment 👉🏼 This 7% cap rate property offers a mix of newly constructed and updated units with solar income, gated security, and modern finishes. The new units are rent control-exempt for 15 years, making this a stellar long-term investment or house hack option.

The Stats (Multi-Family Investment at 72% LTV) 📝

• Gross Rental Income: $150,600/year

• Operating Expenses: $35,152/year

• Net Operating Income: $112,436/year

• Cap Rate: 7.03%

The Stats (House Hack, 5% Down, Living in 1-Bed/1-Bath Unit) 📝

• Purchase Price: $1,575,000

• Gross Rent: $11,450/month

• Operating Expenses: $1,674/month

• Loan Payment: $10,154/month

• Effective Mortgage: $378 (WOW!)

Multi-Family Value-Add

Property: 3485 Shamrock Ave, Las Vegas, NV
Price: $649,000
Units: 4 (3 x 1-Bed/1-Bath, 1 x 4-Bed/2-Bath)
Cap Rate: 8.07%

Why This is a Great Investment 👉🏼 This unique 4-unit property offers high cash flow potential in a landlord-friendly market. Located at the end of a cul-de-sac with a pool and jacuzzi, it’s perfect for tenants and long-term investors.

The Stats (25% Down) 📝

• Gross Rental Income: $55,200/year

• Operating Expenses: $5,471/year

• Net Operating Income: $49,729/year

• Cap Rate: 8.07%

What’s Brewing at Dealsletter ☕️

• More House Hack Opportunities: With rising mortgage rates (Yay again), we’re focusing on properties that can offer creative financing and live-in investment options. Think duplexes, triplexes, and ADU potential properties where you can live in one unit and rent out the rest.

• Spotlight on Emerging Markets: We’re expanding beyond California, keeping an eye on emerging cities that offer attractive cap rates and investor-friendly climates. We’ll highlight cities you might not have considered but are primed for growth.

• Dealsletter Success Stories: Have you closed on a property or found value through Dealsletter? We want to hear about it! Send us your story for a chance to be featured in our community section.

• Premium Version Coming Soon!
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• More Properties in Each Premium Issue
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A Big Thank You! 🙌

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