Multiplying that out, and using a body quotient of 0.65 gives an underwater volume of 8.88 cubic feet, which, using a 63# c.f. is 560 pounds of displacement. (Sorry to international readers, my remembered constants for buoyancy are all in imperial units.)
So, if the hull was about 200#, you'd need another 300# of superstructure, a/c, running gear, batteries, etc., just to get a 1/72 hull to navigational waterline.