Single Family Home in Kailua Kona, Hawaii

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Kailua Kona, HI 96740

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4 Bed, 3 Bath
Single Family Home
2408 sq. ft. ($207 per sq. ft.)
Listing ID: DAM2534

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Property Highlights

  • Single story

Property Description

Don t over look this investment opportunity.  2408 sq. ft. located in a quite cul-de-sac. . Less that a quarter mile walk to Magic Sands Beach and just over a half mile to Kahaluu Beach. The upstairs is a complete 3/2 home with ocean views and lots of open space. Offered with furnishings and equipment, ready to occupy or rent.  The water falls and stocked Koi pond under the giant Haden Mango tree are delightful.  Tropical plants abound small garden plot.  Auto water system for landscaping. The lower level is a recently added (4 years) Ohana apartment with private entrance includes 1/1, swimming pool in a private tropical setting. We generate about $1,200 per month as a vacation rental. VRBO (VRBO #140124).  It just about pays our mortgage. This includes setting it aside several times a year friends and family to visit.  The upstairs would easily rent for $1,650 per month long term or $125 per night vacation.  A proven and potential rental income that gives this investment a potential positive cash flow from the start or subsidize your mortgage payment with the Ohana.  We will demonstrate VRBO procedure if you wish.
Will pay 2.5% selling agent commission.


* Est. payment based on 20% down and a 30-year fixed rate of 5.375%

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October 14, 2009

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