Summit County offers some unique investment properties. In addition to commercial opportunities and development opportunities, there exist a variety of ski condos and single family homes, that do well in the short-term or long-term rental market.
Scroll down to learn more about the process of finding strong Summit County investment properties.
Summit County Investment Properties – Strong Short Term Rental Income
The following properties have particularly strong short term rental histories. Note that this is just a sample of the investment opportunities available to you, and there are opportunities in every price range. Let me know the price range, area, and type of property you’re interested in, and I’ll locate some possibilities tailored uniquely to you.
Contact me for details, and to take a look inside. (Susie Cortright and RE/MAX Properties of the Summit do not guarantee nor imply any particular return on investment.)
The information being provided is for the consumer's non-commercial, personal use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. The information provided is not guaranteed and should be independently verified. You may not reprint or redistribute the information, in whole or in part, without the expressed written consent of Summit Association of REALTORS®.
When we look at investment properties together, we will look closely at this rental income (whether historic or projected), combined with potential tax savings, and the possible appreciation of the property over time.
We’ll examine key operating ratios via an Investment Property Analysis prepared specifically for you and your situation. This will include a Cash Flow analysis, and other key operating ratios, so you can easily compare investment properties against one another.
We’ll examine such ratios as the investment property’s Capitalization Rate (CAP), Cash on Cash (COC), Gross Rent Multiplier (GRM), Net Income Multiplier (NIM), Debt Coverage Ratio (DCR), and the Expense Ratio (ER) of the property. (These analyses will be made based on information provided by you, the client and/or MLS data. Projections are provided for informational purposes only. Susie Cortright and RE/MAX Properties of the Summit do not guarantee nor imply that the illustrated outcome will produce the stated return.)
Keep in mind that, on many Breckenridge and Summit County residential properties, buyers will realize a cash flow only with a substantial down payment, and, even then, they may have a property that just breaks even – a “cash flow neutral.”
Even so, keep in mind that your equity in the property will increase as you continue to pay your mortgage. And if the property also increases in value while you own it, you can gain considerable equity. There may also be tax benefits.
Contact me today to let me know the details of what you are looking for, and I’ll respond as soon as possible with my hand-picked Investment Property Best Buys, unique to you and what you’re looking for.
Each day, I comb the MLS listings for properties with high short term rental numbers (whether historic or projected), in proportion to list price. See my current list of properties with particular promise for short term rental income.
You can also read about the process of renting out your home here: Real Estate and Vacation Rentals. And learn about the Tax Advantages of Second Homes, including investment properties, as well as how to depreciate the expenses of investment property. Or see today’s Real Estate Development Opportunities or Commercial Real Estate Listings in Breckenridge.