Kalahari Kondo For Sale

MLS #:
1405807 Active
Condo
# 2021
1305 KALAHARI DR
County:
Sauk
Zip:
LP:
$529,000
LAKE DELTON - V
53965
State: WI
KALAHARI KONDOMINIUM
Building Project Name:
----------------------------------------------------------------------------Bedrooms:
3
Fin Above Grade SqFt:
Full Baths
3
Fin Below Grd Exp SqFt:
3/4 Baths:
0
Finished Non-Exp SqFt:
Half Baths:
0
Total Finished SqFt:
1570
Condo Fee:
$ 550
Estimated Age:
1
Units in Building:
120
Floor Number: 2
1570
Directions: LOCATED ON KALAHARI DRIVE, JUST NOTRTH OF INTERSTATE 90/94, EXIT 92.
Lvl
Dim
Lvl
Dim
Living Rm:
M
1X1
Mstr BedRm:
M
1X1
Dining Rm:
M
1X1
2nd BedRm:
M
1X1
Kitchen:
M
1X1
3rd BedRm:
M
1X1
Family/Rec:
N
Lvl
Laundry:
Dim
4th BedRm:
Elementary: Call School District
Middle School: Call School District
Legal:
KALAHARI KONDOMINIUM 2021
Parcel #:
146 1370 00000
Units in Assoc: 120
Baths
M
FB
3/4
1/2
Upper:
0
0
0
0
Main:
3
0
0
0
Lower:
0
0
0
0
High School:
Builder:
Ranch
Fireplace:
Gas burning, Insert, Living room
Mstr BR Bth: Full
Dining:
Living-dining combo, Eat-in kitchen
Basement:
None
Parking:
Outside
Exterior:
Wood, Stucco
$ 10,000
Improvements: $ 60,000
G1
Proposed Units: 120
Style:
Call School District
Land Assess:
Zoning:
1/4
Water/Sewr: Municipal water, Municipal sewer
Total Assess:
$ 70,000
/ 2005
Net Taxes:
$ 1324
/ 2004
Fuel:
Electric
Heat/Cool:
Forced air, Central air
Roof:
Composition/Fiberglass
Terms/Misc: Cash, See broker info. line
Condo Mgmt: Professional onsite
Swimming Pool, Common Green
Space, Exercise room, Whirlpool,
Laundry facilities Elevator
Fee Includes: Parking, Heat, Electric, Hot Water,
Water/Sewer, Cable/Satellite, Trash
removal, Snow removal, Common
area maintenance, Common area
Amenities:
Kitchen Feat: Breakfast bar, Solid surface
countertops, Range/Oven,
Refrigerator, Dishwasher,
Microwave, Freezer, Disposal
Interior Feat: Tile Floors, Jetted bathtub,
Cable/Satellite Available, All
window coverings
Occupancy:
At closing, See broker info. line
To Capitol:
20-30 miles
Barrier-free: Open floor plan, Ramped or level
entrance, First floor bedroom,
First floor full bath
Waterfront:
N/A
Exterior Feat: Deck/Balcony
Lake/River:
OWN A LUXURIOUS KALAHARI KONDOMINIUM! WELL APPOINTED FULLY FURNISHED 3 BEDROOM UNITS WITH PRIVATE BALCONIES. OWNERS MAY
ENTER INTO RENTAL MANAGEMENT AGREEMENT WITH THE KALAHARI OR KEEP FOR PERSONAL USE. UNITS HAVE FULL ACCESS TO ALL AMENITIES
THE KALAHARI HAS TO OFFER. INCLUDED: APPLIANCES, FURNITURE, ELECTRONICS, KITCHENWARE, GLASSWARE, COOKWARE, ARTWORK, BLINDS.
Sold Price:
PtsPd/SlrCr:
Closing Date:
This information provided courtesy of:
Days On Market:
Metcalfe Realty Inc
This information, provided by seller, listing broker, & other parties, may not have been verified. Equal housing opportunity listing. SCWMLS
Kalahari Potential Income
Ordinary Income/Expense
Income
Pro-forma gross revenue
Total Income
107,500.00
107,500.00
Expense
Kalahari Expenses
Association Fees ($550/month)
6,600.00
Replacement Reserve (2%)
2,150.00
Management Fees (45%)
Total Kalahari Expenses
48,375.00
57,125.00
Mortgage
Mortgage (80% LTV, 6%, 30-Yr. Amort)
Total Mortgage
30,447.57
30,447.57
Taxes
Property Tax (Estimated)
Total Taxes
Total Expense
Net Ordinary Income
Net Income
7,000.00
7,000.00
94,572.57
12,927.43
12,927.43
Purchase Price
Cash on Cash
CAP Rate
529,000.00
12.22%
8.20%