OFF_MARKETRisky Deal59 days on market

L2 Twin Peaks Dr

L2 Twin Peaks Dr, Chugiak, AK 99567, Chugiak, AK 99567
$215,000

Listing Price

Property image 1
L2 Twin Peaks Dr, Chugiak, AK 99567
Loc: Chugiak, AK
Days Listed
59
Lot Size
8.13 acres
Type
lot

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

Snowshoe Elementary School

PK-5
0.8 mi away
6

Wasilla Middle School

6-8
3.9 mi away
2

Burchell High School

9-12
3.3 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
Risky
Confidence Score: 3/10
Exercise caution due to potential market volatility.
Cap Rate
6.88%
Total ROI
24.1%
Cash Flow
$146/mo
DSCR
1.13
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Data provided by Haven AI. Disclaimer

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Haven AI

This raw land investment in Chugiak, AK presents significant financial hurdles for an income-focused investor. The current monthly cash flow of $145.84 is razor-thin, leaving almost zero margin for property taxes, maintenance, or unforeseen carrying costs. A 6.88% rental yield on raw land is speculative and highly dependent on development feasibility, which is not guaranteed. Given the price point of $215,000, the capital is better deployed in income-producing residential assets with established cash flow. The lack of infrastructure improvements makes this a long-term play rather than a viable cash-flowing investment. Investors should be wary of the high entry cost versus the marginal immediate return.

Strengths
  • Location in the growing Chugiak/Eagle River corridor
  • Moderate projected 4% annual appreciation rate for Alaskan land
  • Potential for long-term residential development
Considerations
  • Extremely thin cash flow margin provides no buffer for economic volatility
  • High barrier to entry for raw land with no immediate revenue potential
  • Uncertain development costs and zoning requirements
  • Illiquidity of raw land assets compared to improved properties
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10-Year Price Projection

Price & Tax History

Price History

DateEventPricePrice/sqft
2021-04-05Sold$0
Nathaniel Pitchon-Getzels Logo
Getzels Group
Haven Team
CalRE #01884947
Call / Text
818.535.5337

Property Specs

Beds
Baths
Sq Ft
0
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: $215,000Rent Basis: Modeled Estimate ($1,720/mo)State Tax Benchmark: 1.19% (AK)Hazard Reserve: $100/mo
Haven ScoreRisky
2/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)
5.64%

NOI: $12,134/yr

Cash-on-Cash Yield
-2.5%

On $49,450 invested

DSCR Ratio
0.91x

Negative debt coverage

5-Yr Leveraged ROI
+81.5%

Equity + cumulative cash

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

Monthly Cash Flow Breakdown

Monthly Operating Deductions
Property Taxes (1.19% of basis)-$213/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$86/mo
Repairs & Maintenance (10% of rent)-$172/mo
Property Management (8% of rent)-$138/mo
Total Pure Operating Expenses-$709/mo
Net Investor Cash Flow
Gross Scheduled Rent+$1,720/mo
Less: Operating Expenses-$709/mo
Net Operating Income (NOI)+$1,011/mo
Less: Debt Service (30yr @ 6.75%)-$1,116/mo
Net Cash Flow
$-104/mo
$-1,253/year
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L2 Twin Peaks Dr | Chugiak, AK | Haven AI Analysis | Haven by ScoutHavens