"CASH only due to condition."
1347 Wanaka StHonolulu, Hawaii
Honolulu, HI 96818 · MLS hi-honolulu-2e9ac3ed2a3818bff58f19d72464e7f6
- 5 bd / 2 ba
- Bedrooms / baths
- 2,560 sq ft
- Living area
- 1961
- Year built
"CASH ONLY."
1347 Wanaka St is a 5-bedroom, 2-bath home in Honolulu, Hawaii listed at $810,000 with 2,560 square feet, built in 1961. The seller is asking for cash or hard money, so it is priced here on our fix and flip loan: an investor with at least one completed project puts 10% down ($81,000), we fund the $115,200 renovation estimate in draws, and the loan closes in 2 weeks. A first flip puts 20% down. See every hard money opportunity in Hawaii or our Hawaii hard money lending page.
Hard money financing on 1347 Wanaka St: what you qualify for.
Preset with the list price and our rough renovation estimate. Change your score, your experience, the budget or the after-repair value and the numbers below move with them. Nothing is pulled and nothing is saved.
- 1. Your score740Qualifies
- 2. Your experience1 to 2 projectsTier 2: 10% down
- 3. Down payment10% down$81,000 at closing
- Experience Tier 2 on 1 completed project in three years: 10% down, 100% of the renovation funded.
1347 Wanaka St priced at the list price.
| Item | Fix and flip: 10% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Yes | |
| Buyer down payment | $81,000 (10%) | |
| Loan at closing | $729,000 | |
| Cosmetic renovation, rough estimate* | We fund $115,200 | |
| Total loan | $844,200 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($12,663) | |
| Appraisal | Required | |
| Estimated monthly interest | $6,859 at full draw | |
| Cash to close, rough estimate | $98,053 | |
Rough estimates at the list price of $810,000 for a 740 score and 1 completed project. This is not a commitment to lend.
*Every figure on this page is a rough estimate. The renovation budget is a super rough placeholder at $45 per sq ft, not a bid or an inspection; get your own contractor numbers before you offer. Indicative estimate for discussion, not a commitment to lend. Business-purpose loans to investors only; final terms are set at submission. Fix and flip loans are sized on an appraisal and must stay under 75% of after-repair value. 10% down is for experienced investors; first-time flippers put 20% down. Fix and flip fees include administration, documents, legal, draw inspections and servicing. Title, escrow and taxes are not included.
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Want to buy 1347 Wanaka St?
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