Assignment
Assignable Contract — 3BR Single Family, ~$175,000K Equity · Lihue, HI
4280 Rice St, Lihue, HI · Listed Jan 2025
The seller hasn’t added photos yet
Property typeMultifamily
Units4
Beds / baths2 / 2
Living area3,392 sqft
Lot0.32 acres
Year built2005
About this deal
Assignable purchase contract on a 3-bed, 2.0-bath single-family home located at 4280 RICE ST, Lihue, HI. Contract price $455,000. Assignment fee is pre-negotiated and already priced in. Comps support solid post-rehab value — an equity play with minimal work required.
The numbers
- Cap rate
- 7%
- Net operating income
- $33,480/yr
- Cash flow
- +$2,790/mo
- Occupancy
- 3 of 4 units
Figures are provided by the seller and haven’t been verified by ListDeed. Do your own due diligence.