Owner
$152,118
1305 18TH ST, ALAMOGORDO, NM
Quick Facts
owner occupied
No
vacant
No
corporate owner
No
beds
3
baths
2
sq. ft.
1,344
property type
Single Family Residential
hoa
No
About
Residential
Building Quality C
Average Condition
Living Area
Carport
1 Story
Forced Air Unit
Concrete
Evaporative Cooler
Financial Overview
Home Equity
Property
Outstanding Debt
Property
Loan-to-Value Ratio
Property
Property Features
Year Built
1958
Building Size
1,344 sq ft
Lot Size
6,098 sq ft
Lot Size (Acres)
0.14 acres
Distressed Property Status
In Pre-foreclosure
Property
Notice of Sale Filed
Property
Notice of Default Filed
Property
Scheduled for Auction
Property
Filing Date
Property
Property Location Details
Parcel Number (APN)
01N4056093205285
County
Otero County, New Mexico
Metro Area
Alamogordo, NM
Zoning
—
Neighborhood/Subdivision
POSEY RESUB OF ALAMO BLOCKS 223A, 223B
Lot Number
3
School District
Alamogordo Public Schools
Legal Description
SUBD: POSEY RESUB OF ALAMO BLOCKS 223A, 223B, LOT 3 BLOCK: 223A
Tax & Value Information
Market Value (Total)
$85,232
Building Value
$75,826
Land Value
$9,406
Annual Property Tax
$721
Tax Assessment Year
2024
Assessed Value
$28,410
Last Assessment Year
2024
Original Primary Mortgage
Property
Primary Mortgage Type
Property
Original Secondary Mortgage
Property
Secondary Mortgage Type
Property
Current Mortgage Amount
Property
Current Mortgage Type
Property
Interest Rate
Property
Loan Term
Property
Lender Name
—
Last Sale Contract Date
2/19/2019
Recording Date
2/21/2019
Sales Document #
2019.1369
Primary Owner
Property
Co-Owner
Property
Previous Owner
Property
Previous Co-Owner
Property
Recent sales Comparables
Estimated Value:
$0
Average Price per Sq.Ft.: $0.00
Sales Comparables
Real Estate Investment Analysis
Evaluate this property as a fix & flip opportunity
Estimated Profit
$5,886
Return on Investment
15.60%
After Repair Value
$167,330
Basic Inputs
Financing
Down Payment
20%
Interest Rate
6.5%
Loan Term (Years)
30
Holding Period (months)
6
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Analysis Details
Purchase Price
$136,906
Renovation Cost
$7,606
Closing Costs (buying)
$2,738
Holding Costs
$4,154
Selling Costs
$10,040
Total Investment
$37,725
After Repair Value (ARV)
$167,330
Total Costs
$161,444
Estimated Profit
$5,886
Cash Invested
$34,987
Return on Investment
15.60%
Return on Cash Invested
16.82%
Nearby Schools
No Elementary School nearby
No Middle School nearby
No High School nearby
Properties owned by investors
Income Distributions
Ethnicity Distributions
Chart
Yearly Purchases
Connex Segmentation Clusters
Area Profile for Investors
Quiet Residential
Walkability
Poor
(0 POIs within 1mi)
Amenities Within 0.5mi
0
locations
Schools Within 1mi
0
schools
Area Class
A
class
Investor Insight
This is a quiet residential area with 0 amenities within 1 mile.
The area has limited nearby amenities.
Key features for tenant appeal:
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Key Amenities in the Area