Listing photoKailua Kona, HI 96740 · MLS 733175
"Bring your vision to this Kona Acres Fixer-Upper with panoramic ocean and coastline views. ... Estate sale property. This property is being sold "AS-IS" and may not qualify for some types of mortgage loans."
73-1316 Kukuna St is a 3-bedroom, 2-bath home in Kailua Kona, Hawaii listed at $979,000 with 1,296 square feet, built in 1977. 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 ($97,900), we fund the $142,560 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.
From the listing. Bring your vision to this Kona Acres Fixer-Upper with panoramic ocean and coastline views. Single level floor plan on expansive 1 acre lot size. Higher elevation Kona Acres offers cooler climate and superior views. Estate sale property. This property is being sold AS-IS and may not qualify for some types of mortgage loans.
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.
| Item | Fix and flip: 10% down | |
|---|---|---|
| At closing | ||
| Qualifies as entered | Pre-screen | |
| Buyer down payment | $97,900 (10%) | |
| Loan at closing | $881,100 | |
| Full renovation, rough estimate* | We fund $142,560 | |
| Total loan | $1,023,660 | |
| Rate, interest only | from 9.75% | |
| Points | 1.5 ($15,355) | |
| Appraisal | Required | |
| Estimated monthly interest | $8,317 at full draw | |
| Cash to close, rough estimate | $117,645 | |
Rough estimates at the list price of $979,000 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 $110 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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"3 bedroom 2 bath needs TLC so Cash only."
Get pre-qualified in one call and write your offer with the financing already lined up.
