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The following investment scenario outlines yearly revenue potential based on short term/seasonal rental for a 3 bedroom condo within minutes of the slopes in several communities throughout the Valley including Vail, Eagle-Vail, Avon, Edwards, Arrowhead and Wildridge. The photos on the left are properties located within walking distance to the slopes in Arrowhead between $525,000 and $875,000.
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| Propety Cost |
$875,000 |
Projected Rental Nights |
95 |
Annual Real Estate Taxes .5%
(county avg) |
$4,375 |
Estimated Gross Rental
(10% of purchase) |
$87,500.00 |
| Down Payment |
30% |
Management Fees(25%) |
($21,875.00) |
| Down Payment |
262,500 |
Miscellaneous Expenses |
($2,500.00) |
| Mortgage (P&I) |
$612,500 |
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| Mortgage Rate |
7% |
Anticipated Net Revenue |
$63,125.00 |
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| Monthly Condo Fees |
($250.00) |
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| Monthly Real Estate Taxes |
($364.58) |
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| Projected Monthly Payment |
($4,074.98) |
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Estimated Annual Expense |
Estimated Revenue |
| Monthly Carrying Cost |
($4,689.56) |
($56,274.73) |
$63,125.00 |
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| Estimated Annual Return |
$6,850.27 |
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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.
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