I get asked all the time whether owning a property in Summit County is a "good investment?" In this detailed video, I will walk you through a spreadsheet with actual costs and benefits of owning 4 different mountain properties in Summit County, Colorado. These numbers are from MLS information and reported actual rental numbers.
Spoiler alert - taking into consideration appreciation and tax benefits, you can make 7-13% annually on your inital cash investment. (And you can ski and avoid I-70 traffic on Sunday afternoons!)
As part of my ongoing client services, I often prepare these spreadsheets for buyers. While inventory is moving fast, I'm happy to share my existing spreadsheets with potential buyers. Just ask!
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