OAHU, SUBTO 2.375% IN KAPOLEI HI Cashflows as LTR

Honolulu County, Kapolei, HI, 96707
Sold
Listed at: September 17th, 2024
Price
$640,000
Sq. Footage
1306
Type
Condo
Parking
Assigned
Year build
1980
Lot size
9.51 acres
Bedrooms
3
Bathrooms
2
Half Bathrooms
1
Summary

💰 Purchase Price: 640,000

💵 Total Entry: 77,500 + Closing costs + TC

🏡 Monthly Payment: 3,232 PITI INCLUDING HOA

🛏️ 3 Bedrooms

🛁 3 Bathrooms

📏 1,306 Sqft

🚗 2 PARKING SPOTS WITH GUEST SPOTS

💰 Mortgage Balance: $559,825 @ 2.375%

8-year balloon, if it doesn’t appreciate by 20% will re-balloon for another 8

🏡Monthly Expenses:

PITI: 2,552

HOA: 680

💵Revenue Stream:

Rent: (LTR) 3500-4500 with current other listings rented in the same complex

MTR 4000-6000

Can not STR

📈Investor's Advantage:

🚖 minutes to main freeways and military bases 🌄

⛱20 min drive to the beach 🌊

This area is starting to get developed and home values are growing.

This is one of the few LTR with cash flows you will find on the Island

Street View
Location
current deal
comparables
#2
available
$123k
sold
$99k
Bedrooms
Bathrooms
Sq. footage
Deals nearby
Available
Sold
Contact

John Her

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Disposition manager