|
|
| Property Type: |
|
| Min Price: |
|
| Max Price: |
|
| Min Beds: |
|
| Max Beds: |
|
| Min Baths: |
|
| Area: |
|
Hold down the ctrl key to select more than one Area.
|
| |
|
|
|
|
|
|
|
|
The following investment scenario outlines yearly revenue potential based on short term/seasonal rental for a large 3 bedroom slope-side or ski-in ski-out condo or a single family home located within minutes to the slopes in Vail, Beaver Creek, or Arrowhead.
| |
|
|
|
| Propety Cost |
$2,000,000 |
Projected Rental Nights |
115 |
Annual Real Estate Taxes .5%
(county avg) |
$10,000 |
Estimated Gross Rental
(10% of purchase) |
$200,000 |
| Down Payment |
30% |
Management Fees(25%) |
($50,000) |
| Down Payment |
$600,000 |
Miscellaneous Expenses |
($4,500) |
| Mortgage (P&I) |
$1,400,000 |
|
|
| |
|
|
|
| Mortgage Rate |
7% |
Anticipated Net Revenue |
$145,500 |
| |
|
|
|
| Monthly Condo Fees |
($650) |
|
|
| |
|
|
|
| Monthly Real Estate Taxes |
($833) |
|
|
| |
|
|
|
| Projected Monthly Payment |
($9,314.23) |
|
|
| |
|
Estimated Annual Expense |
Estimated Revenue |
| Monthly Carrying Cost |
($10,797.57) |
($129,570.82) |
$145,500 |
| |
|
|
|
| Estimated Annual Return |
$15,929.18 |
|
|
The above figures are estimates only and do not reflect actual values. Projected rental income and estimated gross rental revenue are based on an analysis using similar subject property performance.
|
|
|
|