REI Lense

REI Lense

Las Cruces, NM Short-Term Rental / Airbnb Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for short-term rental / airbnb investments in Las Cruces, NM. Based on 15+ datapoints.

Las Cruces, NM Short-Term Rental / Airbnb Investment Snapshot

Based on 15+ short-term rental / airbnb datapoints

Median Cap Rate

4.2%

Avg Cash on Cash

-9.3%

Median Cashflow

-$534/mo

Avg Rent Estimate

$2,656/mo

Avg Price

$348,547

Price Range

$225,000 - $539,000

Rent to Price

0.76%

okay ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as short-term rental / airbnb deals in Las Cruces, NM

Las Cruces, NM is a premium short-term rental market where property values drive long-term wealth. While cap rates are modest at 4.2%, the mid-to-upper tier property prices reflect strong underlying demand. STR investors here typically benefit from appreciation alongside rental income.

Across 15+ analyzed properties, Las Cruces, NM STR investments show a median monthly cashflow of -$534 with an average estimated nightly-rate-adjusted revenue of $2,656/month. These figures reflect real property data, not projections.

3936 Pineridge Run, Las Cruces, NM 88012

Price

$290,000

Rent

$2,374

CachFlow

-$417

CoC

-6.34

Full Analysis

727 Mesa Point Rd, Las Cruces, NM 88011

Price

$390,000

Rent

$2,947

CachFlow

-$689

CoC

-8.28

Full Analysis

550 Sandy Beach Rd, Las Cruces, NM 88005

Price

$699,000

Rent

$2,802

CachFlow

-$2,576

CoC

-18.76

Full Analysis

4027 Bravia Dove Loop, Las Cruces, NM 88001

Price

$320,000

Rent

$2,858

CachFlow

-$428

CoC

-6.03

Full Analysis

2716 Custer Way, Las Cruces, NM 88011

Price

$320,000

Rent

$3,435

CachFlow

-$138

CoC

-1.94

Full Analysis
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Las Cruces, NM Airbnb Market Insights

  • Median cashflow is -$534/month — careful deal selection is essential here
  • 4.2% 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 $225,000 to $539,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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