Current Assets
Elm Court
Asset Class: 4 B-Class (1 bed/1 bath).
Acquired: March 2023
Property Details: 750 Sq/ft, per unit, 4 units
Deal: $700,000 (85% LTV - 2.0% Interest rate - 30 years amortization with 5 year balloon).
Eagle Nest Condominium
Assets Acquired: 11 B/C-Class Condominiums (1 bed/1 bath units).
Acquired: July 2022
Current Assets: 10 under management, 1 sold.
Property Details: 590 Sq/ft per unit, gated parking, washer/dryer in unit, community pool, HOA covers all utilities.
Deal: $600,0000 (66% cash original acquisition, currently paid off).
Furnished TDY Rental
Asset Class: 3 B-Class (1 bed/1 bath).
Acquired: July 2022
Property Details: 590 Sq/ft, furnished mid-term rental.
Deal: $81,500 each (100% cash).
Clovis House
Asset Class: 1 B-Class (3 Bed/2 Bath).
Property Details: 1890 Sq/ft, $30,000 renovation.
Acquired: March 2021
Deal: $159,990 (VA loan, 0% down) VAIRRL at 2.25%.
Cash flow: $500 monthly.
ABQ House
Asset Class: 1 B-Class (3 Bed/2 Bath).
Property Details: 1300 Sq/ft.
Acquired: February 2021
Deal: $179,000 (VA loan, 0% down) VA-IRRL at 2.25%.
Cash flow: $400 monthly.
Portales Duplex
Asset Class: 1 C-Class Duplex.
Property Details: 1,278 Sq/ft
Acquired: January 2019
Deal: $47,000 cash (50% purchase price owed to partner at 2.5%).
Cash-on-Cash ROI: 28%.
Past Performance
Fairplay Flip
Asset Class: 1 B-Class (3 bed/2 bath).
Property Details: 1896 Sq/ft, $72,000 renovation costs
Purchased Oct 2023
Sold: May 2024
Investor Return: 28.34% IRR
Grove Street
Assets Acquired: 1 C-Class Duplex (2 bed/1 bath units).
Property Details: 727 Sq/ft with in unit washer/dryer.
Purchased: December 2020 ($110,000).
Sold: September 2023 ($165,900).
Investor Return: 14.53% IRR.
Eagle Nest Condominium
Assets Acquired: 1 C-Class Condominium (1 bed/1 bath unit).
Property details: 590 Sq/ft per unit, gated parking, washer/dryer in unit, community pool, HOA covers all utilities.
Purchased: August 2021 ($54,540).
Sold: December 2023 ($80,000).
Portales Duplex 2
Asset Class: 1 C-Class Duplex.
Property Details: 944 Sq/ft
Purchased: August 2020 ($59,900).
Sold: January 2024 ($84,000).
IRR: 10.8%.