Single-Family Rental Financing in Kealakekua, HI

Single-Family Rental investing in Kealakekua

Single-family rentals are the cleanest DSCR file you can write in Kealakekua. One unit, one lease, one Form 1007 market rent schedule, and the deepest set of sale and rent comps in the Hawaii County appraisal market. Detached stock also carries the longest average tenancies, which is what actually protects the ratio you close at.

At the Kealakekua median of $650,000, a single-family rental prices near $650,000. Minimum down is 20% ($130,000), leaving a loan of $520,000. Estimated all-in PITIA runs about $4,053 per month.

Returns and structure

Return metrics at the Kealakekua median for this product: an estimated cap rate of 4.69%, and monthly cash flow of $47 positive at 20% down. A file that cash-flows at the minimum down payment is the exception in Hawaii right now, and it gives you room to absorb an insurance renewal without going to the reserve account.