HAWAI'I LIFEKahului Home For Sale with Rental Income Potential
This home is in a prime Kahului location, offers excellent appreciation potential, and should be easy to rent. The rental income potential of up to $24K annually equals an estimated 7% return on investment. This is a fabulous opportunity to earn a higher return than offered by banks or stock market.
This centrally located house plus ohana (MLS# 350413) that was just listed requires minimum work. The home has 3 bedrooms and 1.5 bathrooms in 1,025 sq. ft. of living space with a detached 1 bedroom/1 bathroom ohana. It is listed at $284,900. View the sales statistics of other homes in this area.
7% return? Most investors won’t touch anything under 10%!!! What happens if the roof needs to be replaced in a couple of years, then the owner is ruined!!!!