Las Cruces, NM Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Las Cruces, NM. Based on 50+ datapoints.
Las Cruces, NM Long-Term Rental Investment Snapshot
Based on 50+ long-term rental datapoints
Median Cap Rate
3.9%
Avg Cash on Cash
-11.6%
Median Cashflow
-$654/mo
Avg Rent Estimate
$1,928/mo
Avg Price
$363,726
Price Range
$210,000 - $648,800
Rent to Price
0.53%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Las Cruces, NM
Las Cruces, NM is primarily an appreciation-driven market for long-term rental investors. Cap rates average 3.9%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.
Based on 50+ analyzed properties, the median monthly cashflow in Las Cruces, NM is -$654 with average rents of $1,928/month. Properties range from $210,000 to $648,800, offering entry points across multiple investment budgets.
1191 Warm Springs Ln, Las Cruces, NM 88011
Price
$382,742
Rent
$2,081
CachFlow
-$784
CoC
-11.71
Las Cruces, NM Rental Market Insights
- •Median cashflow is -$654/month — careful deal selection is essential here
- •3.9% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Las Cruces, NM requires selective property picks
- •Mid-to-upper tier market with properties from $210,000 to $648,800
- •Consider this market if your strategy favors equity growth with rental income covering holding costs