OFF_MARKETRisky Deal394 days on market

287 Wainaku St

287 Wainaku St, Hilo, HI 96720, Hilo, HI 96720
$460,000

Listing Price

Property image 1
287 Wainaku St, Hilo, HI 96720
Loc: Hilo, HI
Days Listed
394
Tax Assessed
$532k
Lot Size
10,000 sqft
Rent Estimate
$2,096/mo
Est. Cash Flow base
Type
single family

More Than Just a Property

We believe a home extends beyond its walls. That's why we help you explore the pulse of the community—from top-rated schools to essential emergency services. Your safety, well-being, and connection to the neighborhood matter to us.

4.9
Safety Score
A+
Schools

Nearby Schools

Educational options and performance ratings in the area.

8

Hilo Union Elementary School

PK-6
0.6 mi away
8

Hilo Intermediate School

7-8
0.8 mi away
6

Hilo High School

9-12
0.8 mi away

Property Overview

A stunning investment opportunity in a prime location. This property features modern amenities, spacious living areas, and strong rental potential.

Features & Amenities

Open Floor PlanHardwood FloorsModern KitchenStainless Steel AppliancesCentral Heat/AirLarge BackyardParkingNear Transit

Haven AI Verdict

Recommendation
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
3.91%
Total ROI
9.2%
Cash Flow
$-828/mo
DSCR
0.64
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Data provided by Haven AI. Disclaimer

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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2026-04-03Listing removed$460,000$513
2026-01-06Price change$460,000$513
2025-12-04Price change$475,000$530
2025-10-26Price change$500,000$558
2025-10-11Listed for sale$520,000$580
2025-09-26Listing removed$530,000$592
2025-09-01Price change$530,000$592
2025-08-15Price change$559,000$624
2025-02-19Listed for sale$585,000$653
2022-05-04Sold$500,000$558
2022-03-15Contingent$499,900$558
2022-03-10Listed for sale$499,900$558
2022-01-21Listing removed$490,000$547
2022-01-19Contingent$490,000$547
2022-01-04Listed for sale$490,000$547

Tax History

YearProperty TaxTax Assessment
2025$5,908.53$532,300
2024$5,637.69$507,900
2023$5,296.92$477,200
2022$5,296.92$477,200
2021$4,786.47$409,100
2020$4,629.69$395,700
2019$3,653.91$312,300
2018$0$212,300
2017$0$100
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
2
Baths
2
Sq Ft
896
Institutional Underwriting Ledger

Investment Numbers & Operating Model

Standardized cash flow underwriting modeled with state tax schedules, regional insurance hazard risk, and disciplined operating reserves.

Data Sources:MLS List Price: $460,000Rent Basis: Observed Comp Model ($2,096/mo)State Tax Benchmark: 0.28% (HI)Hazard Reserve: $134/mo
Haven ScoreRisky
0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
3.54%

NOI: $16,269/yr

Cash-on-Cash Yield
-11.7%

On $105,800 invested

DSCR Ratio
0.57x

Negative debt coverage

5-Yr Leveraged ROI
+35.7%

Equity + cumulative cash

Financing Scenario Controls
Adjust down payment & rates to model your personalized return

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (0.28% of basis)-$124/mo
Homeowner / Hazard Insurance-$134/mo
Vacancy Reserve (5% of rent)-$105/mo
Repairs & Maintenance (10% of rent)-$210/mo
Property Management (8% of rent)-$168/mo
Total Pure Operating Expenses-$740/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,096/mo
Less: Operating Expenses-$740/mo
Net Operating Income (NOI)+$1,356/mo
Less: Debt Service (30yr @ 6.75%)-$2,387/mo
Net Cash Flow
$-1,031/mo
$-12,373/year
Underwrite with Acquisition CalculatorsTransfer this property's exact numbers into dedicated underwriting tools:

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