Subject-To
Take Over Existing Mortgage — Single Family in Hilo, HI
455 E Lanikaula St, Hilo, HI · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units2
Beds / baths6 / 3
Living area3,354 sqft
Lot0.24 acres
Year built1967
About this deal
Subject-to existing financing on a 3-bed, 2.0-bath single-family home in Hilo, HI. Take over the existing mortgage payments and acquire the deed for $365,000. Seller is motivated; equity in the property from day one. Sub-to due diligence package available on request.
The numbers
- Cap rate
- 9.7%
- Net operating income
- $33,024/yr
- Cash flow
- +$2,752/mo
- Occupancy
- 1 of 2 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.