Off MarketExcellent Deal0 days on market

1745 Reed Cir

1745 Reed Cir, Fairbanks, AK 99709, Fairbanks, AK 99709

$299,900

Listing Price

1745 Reed Cir, Fairbanks, AK 99709

Loc: Fairbanks, AK

Days Listed

Tax Assessed

$185k

Lot Size

1.18 acres

Type

multi 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.

Pearl Creek Elementary School

PK-5

1.3 mi away

Randy Smith Middle School

6-8

2.3 mi away

West Valley High School

9-12

1.5 mi away

Property Overview

No property narrative or remarks were supplied in the source listing records. Underwriting and financial metrics are calculated directly from public record data and MLS attributes.

Features & Amenities

rusticshed roofcabinwood sidingmulti-levelenclosed porchsecludedwoodland settingcontemporary vernacularnatural landscapingelevated deckasymmetrical architecture

Haven AI Verdict

Recommendation

Excellent

Confidence Score: 10/10

Strong rental demand expected in this area (98% occupancy rate).

Turnkey property requiring minimal initial CapEx.

Cap Rate

7.50%

Total ROI

27.2%

Cash Flow

$358/mo

DSCR

1.24

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $358/mo net cash flow with a 7.5% cap rate. Underwriting indicates excellent fundamentals for long-term hold.

Strengths

• Favorable cap rate profile (7.5%)
• Strong rental demand in Fairbanks

Considerations

• Verify historical operating expenses and local tax assessment
• Confirm current lease terms and tenant estoppel certificates

10-Year Price Projection

Price & Tax History

Price History

Date	Event	Price	Price/sqft
2026-08-18	Listed for sale	$299,900	$150

Tax History

Year	Property Tax	Tax Assessment
2025	$3,525.36	$184,564
2024	$3,437.56	$180,119
2023	$3,407.28	$180,375
2022	$3,431.96	$167,168
2021	$3,089.46	$145,066
2020	$3,045.4	$141,700
2018	$2,967.08	$148,741
2017	$2,480.58	$144,883
2016	$2,480.58	$140,566
2015	$2,224.86	$140,822
2014	$2,224.86	$139,781
2013	$0	$137,263
2012	$0	$149,650
2011	$0	$150,020
2010	$0	$150,276
2009	$0	$157,188
2008	$0	$157,444
2007	$2,660.84	$156,612
2005	$2,245.85	$122,590
2003	$1,499.94	$78,531
2002	$1,500.1	$78,531
2001	$1,483.1	$76,952

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

2,000

Address-Level Value-Add Underwriting

ARV, Rehab & Maximum Allowable Offer (MAO)

Model contractor scopes, estimated after-repair value (ARV) projections, and determine your purchase price ceiling to protect target margins.

Estimated After-Repair Value (ARV) [estimated]Modeled value-add projection (+18% baseline) for 3b/1ba in Fairbanks

+18% vs. list

Rehab Budget & Scope (2,000 sq ft)$90,000

Institutional Acquisition Rule75% Rule

Maximum Allowable Offer (MAO)

$175,412

Calculated as (75% × $353,882) − $90,000

Asking Price is $124,488 (41.5%) Above MAO

To achieve your target margin of 25%, submit an initial counteroffer closer to $175,412 based on $90,000 in required updates.

Current Asking Price:$299,900

Estimated ARV:$353,882

Estimated Renovation:$90,000

All-In Capital Basis (MAO + Rehab):$265,412

Projected Equity Margin:+$88,470

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 Provenance:[Observed] List Price: $299,900[Estimated] Rent: $2,399/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $100/mo[Defaulted] Reserves: 23% OpEx Baseline

Haven ScoreNeutral

4/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)

6.26%

NOI: $18,770/yr

Cash-on-Cash Yield

0.1%

On $68,977 invested

DSCR Ratio

1.01x

Tight qualification