- Dealsletter
- Posts
- #52: Maximize Returns with BRRRR, House Hacks, and Multifamily Deals
#52: Maximize Returns with BRRRR, House Hacks, and Multifamily Deals
Four unique opportunities in Kansas City, San Diego, Concord, and San Jose to grow your portfolio or live rent-free!
Kevin
January 06, 2025
\Hello Investors,
Welcome to Dealsletter #52 - your trusted source for handpicked real estate investment opportunities! This week, we’re showcasing four incredible properties, each catering to a specific investment strategy: a value-add BRRRR opportunity in Kansas City, two house hacks in San Diego and Concord for living almost rent-free, and a multifamily gem in San Jose offering strong cash flow with room for value growth. Let’s dive into the details!
🚨 Note on Numbers: All calculations for investment properties are based on a 25% down payment and a current interest rate of 7.10%, unless otherwise stated. For house hacks, we assume a 5% down payment with PMI at 0.4% and a 6.42%(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.
This Weeks Deals 🏘️
Multi-Family BRRRR in Kansas City, MO
Property: Lexington Apartments, 12 Units
Cap Rate: 19.4%
House Hack in San Diego, CA
Property: Pardee St, 5 Units
Cap Rate: 4.5%
House Hack in Concord, CA
Property: Kenwall Rd, 4 Units
Cap Rate: N/A (House Hack)
Multi-Family OR House Hack in San Jose, CA
Property: Southwest Expressway, 4 Units
Cap Rate: 6.3%
Lexington Avenue Apartments - BRRRR Opportunity
Price: $549,000
Cap Rate: 6.3%
Investment Strategy: BRRRR
Why This is a Great Investment 👉🏼 The Lexington Avenue Apartments offer a stalled project opportunity in the historic Pendleton Heights neighborhood. With completed CapEx like new HVAC systems and roofs, this is a fantastic chance to finish the remodel, refinance, and rent at market rates. Located in a Designated Opportunity Zone, the property provides additional tax benefits.
The Stats (Commercial Hard Money at 10% Down) 📝
Purchase Price: $500,000
Rehab Costs: $264,000
ARV: $1,080,000
Gross Rent: $13,200/month
NOI: $8,082/month
Cash Flow: STRONG
Cash Out Refi: $59,648
There’s a reason 400,000 professionals read this daily.
Join The AI Report, trusted by 400,000+ professionals at Google, Microsoft, and OpenAI. Get daily insights, tools, and strategies to master practical AI skills that drive results.