20 Wooded Mountain Acres with Power near National Forest
In stock
Adjust the proposed purchase price to see impact on the financial metrics.
The down payment is the cash portion of the property price at the time of purchase when using leverage, or full purchase price when buy all cash. This amount is used to calculate your initial investment, and projected returns.
Rent range is an estimate based on publicly available data and is not a prediction or guaranty of future rental income
Total Return is your cash profit calculated as the sum of your estimated (i) annual net operating cash flows over 10 years, plus (ii) property net sale proceeds minus your initial investment and outstanding loan balance.
Annualized Return, also known as Internal Rate of Return, is a measure of annualized net return on an equity investment. It equals the discount rate at which the sum of the present value of all cash flows is zero. Calculation is based on actual and budgeted values.
Cap rate is the percentage return calculated by dividing net operating income in Year 1 by the property purchase price. Your net operating cash flow excludes your loan costs. For more details about the net operating income see the Financials tab.
Gross yield is the annual income generated by an asset before any expenses, divided by its purchase price. Monthly rent x 12 months, divided by purchase price.
First year net cash flow is the estimated dollar amount received after payment for property taxes, property management, reserves for R&M, capital expenditures, and loan payments. Assuming 5% vacancy and loan payments based on the lending assumptions selected. For more details see the Financial tab.
The home price appreciation forecast is using either one of the metrics below to estimate property value for the first 5 years, then drops to 3% for the remainder of the holding period.
10Y Hist: Historical annual appreciation percentage increase over a 10 year time horizon based on monthly home appreciation data from CoreLogic.
5Y Hist: Historical annual appreciation percentage increase over a 5 year time horizon based on monthly home appreciation data from CoreLogic.
1Y Hist: Historical annual appreciation percentage increase over a 1 year time horizon based on monthly home appreciation data from CoreLogic.
Description
Turkey Track Road , Ramah, NM 87321 – Cibola County
There are 2 private gated entrances to the Cibola National Forest for land owners in El Morro Ranches.
The East Gate is about 4.5 miles Northeast of the property off Sawmill Canyon Road. This entrance is suitable for entrance and traveling through the National Forest in a Truck, Jeep, SUV or Similar 4 Wheel Drive Vehicle, in addition to being on Foot, Horseback, Dirt Bike, Quad, Side-by-Side or similar ATV.
The North Gate is about 5 miles North of the property off Leaning Pine Lane. This entrance is suitable for entrance and traveling through the National Forest on Foot, Horseback, Dirt Bike, Quad, Side-by-Side or similar ATV.
Located in Game Management Unit 10, which is said to be desirable for Mule Deer & Elk with some of largest Bulls in New Mexico.
The richly diverse volcanic landscape of the nearby El Malpais National Park offers solitude, recreation, and discovery. Explore cinder cones, lava tube caves, sandstone bluffs, caves and hiking trails. Wildlife abounds in the open grasslands and forests.
Additional information
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