For SaleRisky Deal1 days on market

105 Erler St

105 Erler St, Sitka, AK 99835, Sitka, AK 99835

$749,000

Estimate®:$725,400

Listing Price

105 Erler St, Sitka, AK 99835

Loc: Sitka, AK

Days Listed

Tax Assessed

$345k

Estimate®

$725k

Market Rate

Lot Size

10,651 sqft

Rent Estimate

$2,175/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.

N/A

Baranof Elementary School

PK-1

0.4 mi away

Blatchley Middle School

6-8

0.3 mi away

Sitka High School

9-12

0.7 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

mid-century modernvaulted wood ceilingexposed beamswaterfront viewfloor-to-ceiling windowsopen conceptdeckranch stylenatural lightcoastaltimber constructionpanoramic windowsbuilt-in shelving

Haven AI Verdict

Recommendation

Risky

Confidence Score: 5/10

Exercise caution due to potential market volatility.

Cap Rate

2.02%

Total ROI

2.8%

Cash Flow

$-2,623/mo

DSCR

0.33

Was this AI Verdict accurate?

Data provided by Haven AI. Disclaimer

Haven AI

Property yields an estimated $-2,623/mo net cash flow with a 2.0% cap rate. Underwriting indicates risky fundamentals for long-term hold.

Strengths

• Prime residential location in Sitka, AK
• Long-term capital appreciation corridor

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
2026-09-15	Listed for sale	$749,000	$355

Tax History

Year	Property Tax	Tax Assessment
2024	$1,168.8	$194,800
2023	$0	$194,800
2022	$0	$194,800
2021	$0	$194,800
2020	$0	$194,800
2019	$0	$194,800
2018	$0	$344,800
2017	$0	$344,800
2016	$0	$344,800
2015	$0	$274,000
2014	$0	$274,000
2012	$0	$274,000
2011	$0	$274,000

Getzels Group

Haven Team

CalRE #01884947

Call / Text

818.535.5337

Property Specs

Beds

Baths

Sq Ft

2,107

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/2ba in Sitka

+18% vs. list

Rehab Budget & Scope (2,107 sq ft)$94,815

Institutional Acquisition Rule75% Rule

Maximum Allowable Offer (MAO)

$568,050

Calculated as (75% × $883,820) − $94,815

Asking Price is $180,950 (24.2%) Above MAO

To achieve your target margin of 25%, submit an initial counteroffer closer to $568,050 based on $94,815 in required updates.

Current Asking Price:$749,000

Estimated ARV:$883,820

Estimated Renovation:$94,815

All-In Capital Basis (MAO + Rehab):$662,865

Projected Equity Margin:+$220,955

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: $749,000[Observed] Rent: $2,175/mo[Estimated] Tax Rate: 1.19% (AK)[Estimated] Hazard Ins: $218/mo[Defaulted] Reserves: 23% OpEx Baseline

Haven ScoreRisky

0/ 10

Multi-factor yield grade

Cap Rate (Unleveraged)

1.79%

NOI: $13,378/yr

Cash-on-Cash Yield

-19.3%

On $172,270 invested

DSCR Ratio

0.29x

Negative debt coverage