Property Details

TITLE:
415-427 School of Mines Road
CONTROL:
Exclusive
VALUE:
$575,000
LOAN:
$0
EQUITY:
$575,000
TYPE:
Multi-Family
ADDRESS:
415-427 School of Mines Road, Socorro, New Mexico
BENEFITS TO NEW OWNER:
5 2 Bedroom Units
GROSS SCHEDULED INCOME:
$62,400 Actual
VACANCY LOSS:
$624
GROSS EFFECTIVE INCOME:
$61,776
EXPENSES:
$12,031
NOI:
$49,745
DEBT SERVICE:
$0
CASH FLOW:
$49,745
CAP RATE:
8.65%
COUNSELOR:
Laura Tacker
Southwest Realty
8100 Wyoming NE #414-M4
Albuquerque, New Mexico, 87113
Phone: 505-480-4848