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#77: Two High-Cash-Flow Opportunities + A Major Bay Area Flip
Unlock a new round of cash-flowing multifamily properties and an advanced Bay Area flip. This issue features high-yield rentals, Section 8 upside, and a luxury-level value-add play in one of California’s top markets. Jump in to find your next winning deal.
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Hello Investors,
Welcome to Issue #77 of Dealsletter — We’re showcasing two Florida properties with strong income, a Bay Area flip with massive upside, and a premium Section 8 multifamily in Oakland designed for cash-flow and long-term security. If you’re serious about building your portfolio with real returns, you’re in the right place.
🚨 Note on Numbers: All calculations for investment properties are based on a 25% down payment and a current interest rate of 6.92%, unless otherwise stated. For house hacks, we assume a 5% down payment with PMI at 0.4% and a 6.35%(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.
Low Barrier Entry Duplex in Tampa, FL w/ Steady Cash Flow
📍 Address: 7810 Van Dyke Plz, Tampa, FL 33604
💰 Price: $375,000
🏠 Units: 2
🏦 Cap Rate: 8.4%

Why This Is a Great Investment
Heights Villas Duplex is a fully renovated, turnkey duplex located in the rapidly developing Seminole Heights neighborhood. With current gross rents at $3,300/mo and professional management in place, this property offers hands-off, stable income in one of Tampa’s most in-demand areas. The duplex has been upgraded top-to-bottom with luxury vinyl flooring, new AC, updated kitchens/baths, and all new plumbing/electric. This area has strong rent growth, no rent control, and massive Airbnb potential thanks to flexible zoning. With a Cap Rate over 8% and DSCR at 1.41, this is a rare chance to buy into Tampa’s appreciation story while locking in strong cash flow from day one.
The Stats (25% Down, ProForma, Multi-Family Investment) 📝
Purchase Price: $375,000
Cap Rate: 8.4%
DSCR: 1.41
Gross Rent: $3,300/month
Vacancy(10%): -$380/month
Operating Expenses: $973/month
Taxes: $384/month
Insurance: $208/month
Maintenance: $190/month
Capital Expenditures: $190/month
Net Operating Income: $2,447/month
Loan Payments: $1,871/month
Cash Flow: $576/month
High End Flip Opportunity - Walnut Creek, CA
📍 Address: 40 Anderson Cir, Walnut Creek, CA 94595
💰 Price: $1,850,000 (List Price, Offer Price Listed Below)
🏠 Units: Single Family (Flip)
🏦 ROI: 80.8%

Why This Is a Great Investment
This is not your entry-level flip. 40 Anderson Circle is a rare, high-value opportunity in Tice Valley—an area that commands some of the highest prices in the East Bay. The property has not sold in 65 years and sits on a massive flat lot with a main residence, pool house/ADU potential, and room for serious upside. With 6 bedrooms, 5 baths, and nearly 3,600 sq ft, this is a luxury-level value-add that requires both vision and experience. But the numbers don’t lie: with an estimated $302k rehab, you’re looking at a projected $2.6M ARV, a six-figure profit, and nearly 81% ROI. This is a project for experienced investors only—skimp on finishes and you’ll leave money on the table, but execute well and you’ll crush the competition in one of the Bay’s hottest zip codes.
The Stats (10% Down, Hard Money Loan) 📝
Purchase Price: $1,785,000 (Offering $75k lower)
Rehab Costs: $302,500 (includes 10% contingency)
Mid-High Ended Finishes
You need to “wow” buyers to hit $2.5M+ ARV.
Skimping on finishes will lower your ARV more than it saves on remodel.
After Repair Value (ARV): $2,610,000
Selling Costs (4.5%): -$117,450
Holding Costs: -$90,781
Holding Period: 5 months
Total Profit: $260,719
Return on Investment: 80.8%
Section 8 Multi-Family in Oakland, CA
📍 Address: 539 Mandana Blvd, Oakland, CA 94610
💰 Price: $1,795,000
🏠 Units: 7
🏦 Cap Rate: 8.4%

Why This Is a Great Investment
Looking for secure, above-market rents with less risk? 539 Mandana Blvd is your Section 8 powerhouse in Oakland’s high-demand Grand Lake neighborhood (Walk Score: 97). This seven-unit property features a diverse mix (3bd, 2bd, five 1bds, studio), hardwoods, vintage kitchens, and four garages—ripe for ADU conversion or storage income. All units are currently at, or above, market rates and not rent-controlled, giving you flexibility. Section 8 in Oakland offers some of the strongest rent back payments and tenant protections in the country. Recent seismic and sewer upgrades, private parking, and walking distance to shops, cafes, and transit make this a no-brainer for investors who want both cash flow and peace of mind. Cap Rate is 8.4% and cash flow is $3,646/mo.
The Stats(25% Down, Section 8 Rents, Multi-Family) 📝
Purchase Price: $1,795,000
Cap Rate: 8.4%
DSCR: 1.41
Gross Rent: $17,641/month
Operating Expenses: $4,858/month
Taxes: $2,737/month
Insurance: $375/month
Maintenance: $873/month
Capital Expenditures: $873/month
Net Operating Income: $12,603/month
Loan Payments: $8,957/month
Cash Flow: $3,646/month
8 Unit Multi-Family in Tampa/Ybor City
📍 Address: 2004 E 15th Ave, Tampa, FL 33605
💰 Price: $1,500,000
🏠 Units: 8
🏦 Cap Rate: 8.1%

Why This Is a Great Investment
This multifamily package features four duplexes on a fenced lot just a block from historic Ybor City—an area seeing huge redevelopment and rent growth. Five of the eight units are fully remodeled with modern finishes, in-unit laundry, and mini-split AC. The area’s strong tenant demand and upside potential make it ideal for both buy-and-hold and value-add investors. With a Cap Rate of 8.1% and cash flow over $2,600/mo (DSCR 1.34), this is a plug-and-play portfolio builder. Room to further upgrade remaining units, push rents, or Airbnb select units for even more yield. Hard to find a better location or return profile in today’s market.
The Stats(25% Down, ProForma Multi-Family) 📝
Purchase Price: $1,500,000
Cap Rate: 8.1%
DSCR: 1.34
Gross Rent: $14,800/month
Vacancy(10%): -$1,480/month
Operating Expenses: $2,795/month
Taxes: $1,044/month
Insurance: $270/month
Maintenance: $740/month
Capital Expenditures: $740/month
Net Operating Income: $10,525/month
Loan Payments: $7,866/month
Cash Flow: $2,659/month
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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.