TITLE:
Taos Condo
CONTROL:
Owner
VALUE:
$365,000
LOAN:
$285,000
EQUITY:
$80,000
TYPE:
Homes/Condos
ADDRESS:
500 Cruz Alta Rd. Unit C, Taos, New Mexico
GROSS SCHEDULED INCOME:
$24,000 Projected
VACANCY LOSS:
$1,200
GROSS EFFECTIVE INCOME:
$22,800
EXPENSES:
$5,200
NOI:
$17,600
DEBT SERVICE:
$22,000
CASH FLOW:
$-4,400
CAP RATE:
4.82%
REMARKS:
One bedroom one bath with an art studio. Ground floor, private parking. Private enclosed patio area. Original Southwest Adobe construction.
COUNSELOR:
Dave Sanchez
Sanchez Investment Realty LLC
15100 Almstead St.
Hudson, Colorado, 80642
