Tissular blood perfusion is helpful to assess the health condition of a subject and even monitor superficial lesions. Current state of the art is focused on developing non-invasive, quantitative and accessible methods for blood flow monitoring in large areas. This paper presents an approach based on multispectral images on the VIS-NIR range to quantify blood perfusion. Our goal is to estimate the changes in deoxygenated hemoglobin. To do so, we employ principal component analysis followed by a linear regression model. The proposal was evaluated using in-vivo data from a vascular occlusion protocol, and the results were validated against photoplethysmography measurements. Although the number of subjects in the protocol was limited, our model made a prediction with an average similarity of 91.53% with a mean R-squared adjusted of 0.8104.