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1812 Algaroba Street
Honolulu, HI 96826
Asking Price
$1.50M
Asset Type
Apartment Building Multifamily
Class
Class B
What's Special
Great Multi-family investment opportunity in McCully/Moili'ili close to UH Manoa and Waikiki <p>Improved, 7-unit multi-family residential investment property located 1 block from King St. </p><ul><li>Strong income potential to achieve $10,600/mo in gross scheduled rents. </li><li>Low maintenance with recent improvements to the rental units and roofs. </li><li>Multiple floor plans to suit students, couples, or working individuals. </li></ul>
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NOI
$80,000
Cap Rate
5.35%
DSCR
0.90
Underwater
Cash-on-Cash
-1.95%
Monthly Payment
$7,396.444
Annual Cash Flow
$-8,757.332
