78
Score
⚠️
High HOA Fees
$1,250/month — factor this into your analysis
Property Details
Type
Condo
Beds/Baths
2bd / 2ba
Sqft
1,150
Year Built
2005
Lot Size
N/A
Market
breckenridge-zone1
HOA Fees
$1,250/mo
Days on Market
N/A
Asking Price
$895,000
Est. Value
$920,000
Tax Assessed
$780,000
$/sqft
$778
🔗 Research Links
📎 Source
Found: 2026-02-06
Source: expired_listings
🎯 Motivation Signals
- • Zone 1 - STR eligible
- • Seller relocating overseas
- • Existing STR license transfers
- • Turnkey with bookings through March
🧮 Deal Calculator
FINANCING
Offer Price $895,000
-30% Full price Asking
Down Payment 25% ($223,750)
Interest Rate 7%
LTR ASSUMPTIONS
Monthly Rent $2,000
Vacancy Rate 5%
Management Fee 8%
Total Cash Needed
$250,600
$223,750 down + $26,850 closing
KEY METRICS
Cap Rate
-1.2%
Cash on Cash
-25.7%
5-Year IRR (est)
-10.4%
Monthly FCF
$-5,371
MONTHLY CASH FLOW
Gross Income +$2,000
Vacancy (5%) -$100
Effective Income $1,900
Expenses:
Taxes -$650
Insurance -$280
HOA -$1,250
Maintenance -$100
CapEx -$373
Mgmt (8%) -$152
NOI $-905
Mortgage (P&I) -$4,466
Cash Flow $-5,371
Annual $-64,452/yr
STR vs LTR COMPARISON
LTR
STR
Income
$1,900
$9,200
Cash Flow
$-5,371
$-259
CoC
-25.7%
-1.2%
Effort
🟢 Low
🟡 High
📝 Notes
ZONE 1 VERIFIED. Walking distance to Quicksilver lift. Hot tub on deck. Existing STR license and AirBnB listing with 4.9 stars. Seller motivated - taking job in Singapore. HIGH HOA ($1,250/mo) includes heat, water, hot tub maintenance, exterior.
👤 Owner Information
Name: Michael Chen
Address: 567 Ski Hill Rd #203
City/State: Breckenridge, CO 80424