1020 Vail View Dr Unit 2404-8 · Vail, CO 81657

$10,000

2 bd · None ba · 1,092 sqft · Timeshare · 16 Days on market

Built 1983 1,481 sqft lot $180/mo HOA · 6% of rent

---

Why this score? — see what drove the C- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +15.0/30.0
• Appreciation +9.4/10.0
• ARV discount +7.5/15.0
• 1% rule +5.0/10.0
• DSCR +5.0/10.0
• Livability +3.6/5.0
• Schools +3.0/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0

Listing remarks

Just five minutes from Vail Village Vail Mountain, Sandstone Creek Club is one of the affordable options to own your own week in a world class mountain resort. This popular creek-side 1 bedroom+ Loft, 3 bathroom condo is yours during week 8 every year---Feb 20-27, 2027, Feb 19-26, 2028, Feb 24-March 3, 2029 and so on. .. .. This residence comes with a full kitchen where you can prepare your meals or just make a quick cup of coffee. You'll enjoy relaxing next to the fireplace in your own separate living room or relaxing on your private deck overlooking Sandstone Creek. Sleeps 8 people and has a balcony, internet access, humidifier, safe and all the comforts of home. Sandstone Creek Club incl

Key facts

• Private deck
• Full kitchen
• Steam room

Tags

• FULL KITCHEN
• SEPARATE LIVING ROOM
• PRIVATE DECK
• INDOOR OUTDOOR CREEK-SIDE POOL
• 2 HOT TUBS
• STEAM ROOM

Property features AI

Finance

• HOA & community: Has homeowners association; Quarterly HOA fee; HOA covers cable TV, common area maintenance, electricity, gas, heat, insurance, internet, management, sewer, snow removal, taxes, telephone, trash, water, and furniture replacement; Community amenities include fitness center, front desk, on-site management, pool, shuttle service, spa/hot tub, and tennis courts; Nearby recreation includes fishing, trails, shuttle service, and access to public transit

Exterior

• Utilities: Cable available; Electricity available; Natural gas available; Phone available; Sewer available; Trash service; Water available; Snow removal
• Home design: Condominium / Unit (multi-unit building)
• Construction: Tar & gravel roof; Concrete perimeter foundation
• Exterior features: Waterfront property; Residential zoning

Interior

• Kitchen: Dishwasher; Garbage disposal; Microwave; Range; Refrigerator
• Bedrooms: 2 bedrooms
• Flooring: Carpet; Tile; Wood
• Heating & cooling: Baseboard heating; Electric heating; Ceiling fan(s)
• Interior features: Fireplace; Furnished
• Laundry & utility: Washer and dryer included

What this means for you Summary

Snapshot

• This is a 2-bed/?-bath timeshare listed at $10k.

Deal economics

• At list price, monthly cash flow is $2k ($25k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($3k rent vs $10k).
• Recommended offer: $10k (1.5% below list) — sets the bar for market timing.
• Cap rate 261.1% vs local median 0.5% in Vail — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 71/100 on livability (#76 in CO) — a middle-class / working-renter tenant base. Strengths: amenities A+, commute A+, employment A+; Watch: crime D-, cost of living F, health & safety F.
• Eagle County School District No. RE-50 (town): math 22% / reading 42% proficiency, ranked #39 of 86 in CO (top 45%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
• Market conditions: 313 active listings in the ZIP; solid renter incomes; 387 units permitted in Eagle County in 2024 (256 in 5+ unit buildings).
• This rent runs 36% of the median local income ($101k/yr) — at the standard rent-burdened threshold; future hikes will face affordability resistance.

Forward outlook

• In year one you build about $944 of equity ($69 loan paydown + $875 appreciation (8.8% local appreciation)).
• Eagle County population projected at +4% by 2050 — modest demand growth; plan on rents tracking national, not racing it.
• At projected returns (8.8% appreciation + 3.0% rent growth), your $3k cash investment doubles in ~1 year — after that, you're playing with house money.

Negotiation context

• It's been on market 16 days — a 2% lower offer ($10k) is reasonable based on typical stale-listing flexibility.

Risks & watch-outs

• Watch-outs: flood insurance adds $66/mo.
• Climate carrying-cost: major flood risk; moderate wildfire risk — expect insurance premiums to compound above CPI over the hold.

Recommended offer $9,850 (1.5% below list)

Questions for the listing agent

1. What's the actual annual flood-insurance premium (NFIP or private), and is the property in a SFHA with mandatory coverage?
2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
3. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
4. Schools are B-rated — typically a magnet for longer-tenancy family renters. What's the average tenant stay here, and is there a school-zone premium baked into asking?
5. Crime grade is D in this area — have there been break-ins, vandalism, or insurance claims at this property in the last 3 years? What carrier currently insures it and at what premium?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 30.03% ✓
• Cap rate: 261.07%
• Cash-on-cash: 909.91%
• DSCR: 41.49
• GRM: 0.3

CMA / ARV

• ARV (on-the-fly): $6,552
• Comps found: 12

Show comp detail 12 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
1020 Vail Vw	0.00mi	2/2.0	1,129 (+3%)	2mo	$10	—	93
1020 Vail View Dr #3204-51	0.00mi	2/2.0	1,093 (+0%)	9mo	$40,000	$37	92
1020 Vail View Dr #3204-52	0.00mi	2/2.0	1,093 (+0%)	9mo	$60,000	$55	92
1020 Vail View Dr Unit 3304-10	0.00mi	2/2.0	1,049 (-4%)	1mo	$7,500	$7	92
1020 Vail View Dr #3312-31	0.00mi	2/2.0	1,101 (+1%)	9mo	$500	—	91
1020 Vail View Dr #3203-11	0.00mi	2/2.0	1,109 (+2%)	8mo	$6,000	$5	91
1020 Vail View Dr #3308-11	0.00mi	2/2.0	1,098 (+0%)	12mo	$6,500	$6	89
1020 Vail View Dr #3203-14	0.00mi	2/2.0	1,109 (+2%)	12mo	$1,500	$1	88
1020 Vail View Dr #2205-31	0.00mi	2/2.0	1,127 (+3%)	9mo	$10	—	88
1020 Vail Vw #2408-7	0.00mi	2/3.0	1,153 (+6%)	11mo	$5,000	$4	82
1020 Vail Vw #1313-6	0.00mi	2/3.0	1,212 (+11%)	11mo	$5,000	$4	72
1020 Vail View Dr #3412-8	0.00mi	2/3.0	1,236 (+13%)	13mo	$9,000	$7	67

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

8.75% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: —
• Equity multiple: 49.50×
• Total profit: $135,792
• Equity at exit: $8,114

10-year hold

• IRR: —
• Equity multiple: 107.11×
• Total profit: $297,110
• Equity at exit: $16,627

Cash invested: $2,800 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 38 Tenant-Leaning
• State Colorado: 38 Tenant-Leaning · D+4
• County: — inherits STATE
• City: — inherits STATE

2023 reforms: 10-day cure, mandated notice, source-of-income protected. Courts backlogged in Denver.

Methodology + full state rankings →

ZIP-level market 81657

• Home prices YoY: 1.8%
• Active inventory: 313
• Price-to-rent: 0.3×

Monthly cashflow live

• Estimated rent: $3,003 medium
• Mortgage (P&I): −$52
• Tax est. 1.5%: −$12 /mo · $150/yr
• Insurance: −$4
• Flood insurance flood zone: −$66 /mo · $798/yr
• HOA: −$180
• Vacancy / Maint / Mgmt: −$631
• Net cashflow: $2,057

Break-even live

Break-even rent $399

Max offer price $10,000

Occupancy floor 27%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $2,500
• Closing costs: $300
• Reserves months: —
• Total cash needed: —

HOA detail

• Monthly dues: $180 · $2,160/yr
• Likely covers: internet

Listing history 5 events

1. 2026-06-02
   status $10,000 Pending 16 DOM
2. 2026-06-01
   days on market $10,000 Active 16 DOM
3. 2026-05-31
   days on market $10,000 Active 15 DOM
4. 2026-05-30
   days on market $10,000 Active 14 DOM
5. 2026-05-16
   listed $10,000 Active

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Climate risk First Street

• 🌊 Flood 7/10 Severe FEMA zone X (unshaded) · 77% chance over 30 yrs
• 🔥 Wildfire 5/10 Major
• 🌡 Heat 1/10 Low 14 d/yr ≥76°F today · 37 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $36,034
• − Mortgage interest: −$560
• − Property taxes: −$150
• − Insurance: −$848
• − Repairs & maintenance: −$2,883
• − Management: −$2,883
• − HOA: −$2,160
• − Depreciation: −$291
• Taxable income: $26,260
• Est. tax owed @ 24.0%: −$6,302
• After-tax cash flow: $18,378/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Eagle County School District No. RE-50
• NCES district ID: 0803540
• Math proficiency: 22% ▼ -8.00%
• Reading proficiency: 42% ▼ -4.00%
• Median HH income: $73,322
• Composite: 30.01/100
• National rank: #6360
• State rank: #39 of 86 in CO

Livability — Vail

• Score: 71/100
• State rank: #76
• US rank: #7125

Category grades

Amenities A+ Commute A+ Cost of living F Crime D- Employment A+ Housing B- Health & safety F User ratings A

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Vail, CO
• County: Eagle County · 42,178 people
• City population: 4,835
• Metro: Edwards, CO
• Population (ZIP): 4,835
• Household income: $100,573
• Rent vs Own: 38.6% rent · 61.4% own
• Severe rent burden: 262.0

Population outlook (Eagle County) Hauer SSP2

• Today (2025): 57,837 people
• By 2030: 59,258 · +2.5%
• By 2040: 60,698 · +4.9%
• By 2050: 60,206 · +4.1%
• By 2075: 54,326 · -6.1%
• By 2100: 47,000 · -18.7%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Predominantly White (87%)
• Race & ethnicity: White 87% Two or more races 11% Hispanic / Latino 9%
• Hispanic origin (detail): Mexican 4%
• Common ancestry: Portuguese 4% Romanian 3% Lithuanian 2%
• Foreign-born: 14% · Canada
• Languages at home: 88% English-only · Spanish 6% German/W. Germanic 2% French/Haitian/Cajun 1%

Political lean MEDSL · Eagle

• 2024 margin: Strong D (+24.4) · D 61.0% · R 36.5% · Other 2.5%
• 2008→2024 swing: +1.3pp toward D · 2008: 23.1pp · 2024: 24.4pp
• All cycles: 2024: D+24.4 2020: D+29.8 2016: D+19.9 2012: D+14.7 2008: D+23.1

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▲ 8.75%
• Current HPI: 485.2983
• Rent YoY: —
• Metro: Edwards, CO
• State GDP YoY: ▲ 1.95%
• F500 in state: 14

Industry mix (Fortune 500 HQ in CO)

Industry	F500 HQs	Revenue
▸Technology Distribution	1	$31B
▸Food / Agriculture	1	$18B
▸Packaging	1	$14B
▸Healthcare	1	$13B
▸Energy	1	$10B
▸Technology	1	$4B

Price history

1 event — show timeline

• 2026-05-16 Listed $10,000 VMLS