OFF_MARKETExcellent Deal25 days on market
1803 23rd St
1803 23rd St, Alamogordo, NM 88310, Alamogordo, NM 88310
1803 23rd St, Alamogordo, NM 88310
Loc: Alamogordo, NM
Days Listed
25
Tax Assessed
$127k
Zestimate®
$262k
3% Under Valued
Lot Size
0.34 acres
Rent Estimate
$2,003/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
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
Pending...
Confidence Score: 0/10
Exercise caution due to potential market volatility.
Cap Rate
7.42%
Total ROI
26.7%
Cash Flow
$287/mo
DSCR
1.22
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10-Year Price Projection
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: $255,000Rent Basis: Observed Comp Model ($2,003/mo)State Tax Benchmark: 0.8% (NM)Hazard Reserve: $100/mo
Haven ScoreNeutral
4/ 10
Multi-factor yield grade
Cap Rate (Unleveraged)
6.39%
NOI: $16,295/yr
Cash-on-Cash Yield
0.7%
On $58,650 invested
DSCR Ratio
1.03x
Tight qualification
5-Yr Leveraged ROI
+97.8%
Equity + cumulative cash
Financing Scenario Controls
Adjust down payment & rates to model your personalized returnMonthly Cash Flow Breakdown
Monthly Operating Deductions
Property Taxes (0.8% of basis)-$84/mo
Homeowner / Hazard Insurance-$100/mo
Vacancy Reserve (5% of rent)-$100/mo
Repairs & Maintenance (10% of rent)-$200/mo
Property Management (8% of rent)-$160/mo
Total Pure Operating Expenses-$645/mo
Net Investor Cash Flow
Gross Scheduled Rent+$2,003/mo
Less: Operating Expenses-$645/mo
Net Operating Income (NOI)+$1,358/mo
Less: Debt Service (30yr @ 6.75%)-$1,323/mo
Net Cash Flow
$35/mo
$418/year
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