REI Reach

This is a demo property listing — interactions are disabled

BRRRR Deal - Duplex Near Downtown

782 Oak Street

Tampa, FL 33602

Off MarketBRRRR

Purchase Price

$195,000

Light Rehab ARV

$280,000

Light Rehab

$30,000 – $45,000

ROI

16.7% – 24.4%

Property Details

Type

Multi Family

Beds

Baths

Above Grade Sqft

2,100

Year Built

1965

Lot Size

5,800 sqft

Property Notes

Condition

Both units occupied. Deferred maintenance on plumbing and electrical. Solid structure.

Deal Analysis

MAO (70% Rule)$146,000

Light Rehab Scenario

Rehab Budget$30,000 – $45,000

ARV$280,000

Profit Range$40,000 – $55,000

ROI16.7% – 24.4%

Full Rehab Scenario

Rehab Budget$65,000 – $80,000

ARV$310,000 – $330,000

Profit Range$35,000 – $70,000

ROI12.7% – 26.9%

MAO = ARV × 70% − Repairs. Profit = ARV − Purchase Price − Rehab Budget. ROI = Profit ÷ (Purchase Price + Rehab Budget).

Rental Projections

Rent After Reno (No Basement Finish)$2,800 – $3,200/mo

Renovation Overview

•Full gut rehab on both units. New plumbing, electrical panel upgrade, kitchen/bath remodels.

Why This Deal Is Strong

✓Duplex with strong rental demand. 1.5% rule after rehab. Cash flow positive from day one.

Photos

Showing Instructions

Drive by only. Occupied units - do not disturb tenants.

Quick Summary

Purchase Price$195,000

Light Rehab$30,000 – $45,000

Light ARV$280,000

Full Rehab$65,000 – $80,000

Full ARV$310,000 – $330,000

Spread$85,000