Thanks to our vacation rental guru Darik Eaton we have identified a property here on the North shore of Kauai that (with very reasonable numbers) cash flows at 30% down. Basically, you can purchase this condo at the very popular Princeville Nihilani Resort, have it professionally managed and all you have to do is block the calendar when you want to come to town ;). Here is a handy flyer we put together. This listing isn’t one of ours here at Kauai Real Estate Group, it’s a listing from the Hawaii Life Ohana. We didn’t want to try and push one of our own listings so we took one we love and decided to see if it would pencil. It does!
Here’s a link to the property on our website so you can see all the pictures etc.
And here are the all important numbers to back up the estimate that this condo purchased at list price will carry @ 30% down.
So, there it is! You CAN buy here on the garden island and gain equity + have a nice place to stay for 30% down ;). If you are interested in buying this condo or one like it, please give us a call and we will help.
We also like this Nihilani with the same floorplan that is listed for 25k less than the one we analyzed above. Furniture package isn’t quite as sexy but it’s a great townhouse as well that has a great rental history! Buy it with bookings already in place.
So, imagine letting us negotiate you the very best price and then see just how much cash you can squeeze from these awesome Princeville Vacation Rentals!