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D Composite 44.3
Why this score? — see what drove the D 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
  • ARV discount +7.5/15.0
  • 1% rule +5.0/10.0
  • DSCR +5.0/10.0
  • Livability +3.6/5.0
  • Schools +3.2/10.0
  • Rent growth +2.5/5.0
  • Condition / age +2.5/5.0
  • Appreciation +0.0/10.0

$9,900

1979 Ski Hill Rd Unit 1305AB · Breckenridge, CO 80424
2 bd · 2.0 ba · 1,109 sqft · Timeshare · 1388 Days on market
Built 2007 $126/mo HOA · 4% of rent ↓ 6% since listing

🖨 Deal sheet 📄 Offer letter ✓ Due diligence

Listing remarks MLS

Winter Plus Float 2 bed Lockoff. Grand Lodge on Peak 7 offers the most refined, ski in ski out experience available. BreckConnect Gondola & Independence Superchair steps from the Lodge. In/Outdoor Pools, Water Features, Hot Tubs, Steam Room, Sauna, Day Spa, Concierge, Game Room, Grotto, Shuttle Service, Grilling Stations, Piano Lounge, Fitness Room, family game room & on site dining with an outdoor deck. Owner also has Summer 2 bed for $9,900. Purchase both and make offer for a discount.

Key facts

  • Pool
  • Built 2007
  • Listed 1387 days

Property features AI

Finance

  • Other: Building name: Grand Lodge on Peak 7; Subdivision: Grand Lodge on Peak 7; Directions: Ski Hill Road north of Crystal Peak Lodge
  • HOA & community: Homeowners association; Annual association fee (includes cable TV, electricity, gas, insurance, sewer, snow removal, trash, water); Association amenities: Fitness center; Community features: Clubhouse, Pool; Building features: Elevators, On-site management, Reception area

Exterior

  • Parking: Basement parking
  • Utilities: Public water; Public sewer; Cable available; Electricity available; Natural gas available; Phone available; Water available; Sewer available
  • Home design: Residential timeshare; Multi-family zoning
  • Construction: Asphalt roof; Construction: Other / see remarks
  • Exterior features: Deck; Private pool; Community pool; Has view; Pets not allowed

Interior

  • Kitchen: Cooktop; Range; Microwave; Dishwasher; Disposal; Refrigerator
  • Flooring: Carpet; Tile
  • Bathrooms: 2 full bathrooms
  • Heating & cooling: Heating available
  • Interior features: Furnished; Gas fireplace
  • Laundry & utility: Washer; Dryer

Neighborhood map

Property Rental comp Retail Transit Schools Stadiums Fortune 500 · Circle radius: 3.0 mi
Loading POIs…

What this means for you Summary

Snapshot

  • This is a 2-bed/2.0-bath timeshare listed at $10k.

Deal economics

  • At list price, monthly cash flow is $2k ($26k/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: $9k (12.0% below list) — sets the bar for market timing.
  • Cap rate 264.5% vs local median 0.7% in Breckenridge — 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 72/100 on livability (#62 in CO) — a middle-class / working-renter tenant base. Strengths: commute A+, employment A+, housing B; Watch: health & safety C-, crime D, amenities F.
  • Summit School District No. RE-1 (rural): math 27% / reading 43% proficiency, ranked #35 of 86 in CO (top 41%) — families likely to look elsewhere, expect single-tenant / working-renter base with shorter leases.
  • Market conditions: 614 active listings in the ZIP; high-income renter base; 308 units permitted in Summit County in 2024 (123 in 5+ unit buildings).

Forward outlook

  • Local home prices are declining (-3.0%/yr); year-one equity from $68 of loan paydown is wiped out by about $297 of value loss. Plan a longer hold.
  • Summit County population projected at +32% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
  • At projected returns (-3.0% 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 1388 days — a 12% lower offer ($9k) is reasonable based on typical stale-listing flexibility.
  • 2 sale attempts since 7y ago with the ask held roughly flat each time — persistent listings suggest the price (not the market) is what's stuck; bring a comps-based counter.
Recommended offer $8,712 (12.0% below list)

Questions for the listing agent

  1. It's been on market 1388 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
  2. What does the HOA fee cover, when was the last increase, and are there any pending special assessments or reserve-fund shortfalls?
  3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
  4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
  5. 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?
  6. 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?
  7. The area grade is low — what's the realistic commute time and amenity access for the typical tenant pool here? Any planned neighborhood developments (good or bad) we should know about?
  8. 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.
  9. 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.
  10. 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
29.72%
Cap rate
264.46%
Cash-on-cash
922.03%
DSCR
42.03
GRM
0.3

CMA / ARV

No comps found within radius.

Projected returns pro-forma

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

5-year hold
IRR
Equity multiple
49.40×
Total profit
$134,171
Equity at exit
$1,476
10-year hold
IRR
Equity multiple
106.34×
Total profit
$292,005
Equity at exit
$856

Cash invested: $2,772 (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.

ZIP-level market 80424

Active inventory
614
Price-to-rent
0.3×

Monthly cashflow live

Estimated rent
$2,942 medium interval (Pro) →
Mortgage (P&I)
$52
Tax est. 1.5%
$12 /mo · $148/yr
Insurance
$4
HOA
$126
Vacancy / Maint / Mgmt
$618
Net cashflow
$2,130

Break-even live

Break-even rent $246
Max offer price $9,900
Occupancy floor 23%

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
$2,475
Closing costs
$297
Reserves months
Total cash needed

Loan-product check · same deal, 3 products live

Conventional

25% down · 7.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Personal DTI + credit; lowest rate.

DSCR

20% down · 8.5% · 30yr

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

No personal income docs; deal must DSCR.

Hard money

10% down · 12.0% · 12mo

Down + closing
Monthly P&I
Monthly cashflow
DSCR
Eligible?

Short-term bridge; refi at stabilization.

HOA detail

Monthly dues
$126 · $1,512/yr
Likely covers
waterpooldoorman

Listing history 19 events

  1. 2026-06-19
    days on market $9,900 Active 1388 DOM
  2. 2026-06-18
    days on market $9,900 Active 1387 DOM
  3. 2026-06-17
    days on market $9,900 Active 1386 DOM
  4. 2026-06-16
    days on market $9,900 Active 1385 DOM
  5. 2026-06-15
    days on market $9,900 Active 1384 DOM
  6. 2026-06-14
    days on market $9,900 Active 1382 DOM
  7. 2026-06-12
    days on market $9,900 Active 1381 DOM
  8. 2026-06-09
    days on market $9,900 Active 1378 DOM
  9. 2026-06-08
    days on market $9,900 Active 1377 DOM
  10. 2026-06-07
    days on market $9,900 Active 1376 DOM
  11. 2026-06-05
    days on market $9,900 Active 1373 DOM
  12. 2026-06-02
    days on market $9,900 Active 1371 DOM
  13. 2026-06-01
    days on market $9,900 Active 1370 DOM
  14. 2026-05-31
    days on market $9,900 Active 1369 DOM
  15. 2026-05-30
    days on market $9,900 Active 1368 DOM
  16. 2023-02-15
    soldstatus $30,000 Closed 504-char remark
    Show marketing remark (504 chars)

    Winter Plus Float 2 bed Lockoff. Grand Lodge on Peak 7 offers the most refined, ski in ski out experience available. BreckConnect Gondola & Independence Superchair steps from the Lodge. In/Outdoor Pools, Water Features, Hot Tubs, Steam Room, Sauna, Day Spa, Concierge, Game Room, Grotto, Shuttle Service, Grilling Stations, Piano Lounge, Fitness Room, family game room & on site dining with an outdoor deck. Owner also has Summer 2 bed for $9,900. Purchase both and make offer for a discount.

  17. 2023-02-07
    status Pending 504-char remark
    Show marketing remark (504 chars)

    Winter Plus Float 2 bed Lockoff. Grand Lodge on Peak 7 offers the most refined, ski in ski out experience available. BreckConnect Gondola & Independence Superchair steps from the Lodge. In/Outdoor Pools, Water Features, Hot Tubs, Steam Room, Sauna, Day Spa, Concierge, Game Room, Grotto, Shuttle Service, Grilling Stations, Piano Lounge, Fitness Room, family game room & on site dining with an outdoor deck. Owner also has Summer 2 bed for $9,900. Purchase both and make offer for a discount.

  18. 2019-04-01
    listed $31,900 Active 504-char remark
    Show marketing remark (504 chars)

    Winter Plus Float 2 bed Lockoff. Grand Lodge on Peak 7 offers the most refined, ski in ski out experience available. BreckConnect Gondola & Independence Superchair steps from the Lodge. In/Outdoor Pools, Water Features, Hot Tubs, Steam Room, Sauna, Day Spa, Concierge, Game Room, Grotto, Shuttle Service, Grilling Stations, Piano Lounge, Fitness Room, family game room & on site dining with an outdoor deck. Owner also has Summer 2 bed for $9,900. Purchase both and make offer for a discount.

  19. 2019-04-01
    listed $9,900 Active
    Show marketing remark (504 chars)

    Winter Plus Float 2 bed Lockoff. Grand Lodge on Peak 7 offers the most refined, ski in ski out experience available. BreckConnect Gondola & Independence Superchair steps from the Lodge. In/Outdoor Pools, Water Features, Hot Tubs, Steam Room, Sauna, Day Spa, Concierge, Game Room, Grotto, Shuttle Service, Grilling Stations, Piano Lounge, Fitness Room, family game room & on site dining with an outdoor deck. Owner also has Summer 2 bed for $9,900. Purchase both and make offer for a discount.

ⓘ 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 1/10 Low FEMA zone X (unshaded) · 0% chance over 30 yrs
  • 🔥 Wildfire 3/10 Moderate
  • 🌡 Heat 1/10 Low 7 d/yr ≥77°F today · 20 d/yr by 30 yrs out
  • 💨 Wind 1/10 Low
  • 🫁 Air quality 2/10 Low 0 unhealthy d/yr today · 1 by 30 yrs out

Nearby sold comps map

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Walkable amenities ~0.75 mi

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Taxation est. · year 1

Rental income
$35,306
− Mortgage interest
−$555
− Property taxes
−$148
− Insurance
−$50
− Repairs & maintenance
−$2,824
− Management
−$2,824
− HOA
−$1,512
− Depreciation
−$288
Taxable income
$27,104
combined federal + state — saved on this device
Est. tax owed @ 24.0%
−$6,505
After-tax cash flow
$19,054/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
Summit School District No. RE-1
NCES district ID
0806810
Math proficiency
27% ▼ -7.00%
Reading proficiency
43% ▼ -7.00%
Median HH income
$67,591
Composite
31.97/100
National rank
#5840
State rank
#35 of 86 in CO

Livability — Breckenridge

Score
72/100
State rank
#62
US rank
#6014

Category grades

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

Schools grade is shown separately in the Schools card above.

Census & demographics

Census place
Breckenridge, CO
County
Summit County · 31,352 people
City population
9,764
Metro
Breckenridge, CO
Population (ZIP)
9,764
Household income
$120,907
Rent vs Own
21.9% rent · 78.1% own
Severe rent burden
181.0

Population outlook (Summit County) Hauer SSP2

Today (2025)
35,421 people
By 2030
37,983 · +7.2%
By 2040
42,597 · +20.3%
By 2050
46,695 · +31.8%
By 2075
55,288 · +56.1%
By 2100
61,033 · +72.3%

Race, ethnicity, and origin ACS 2023

Neighborhood character
Predominantly White (82%)
Race & ethnicity
White 82% Two or more races 11% Hispanic / Latino 7% Asian 3% Pacific Islander 1%
Hispanic origin (detail)
Mexican 6%
Common ancestry
Romanian 4% Slovak 4% Scotch-Irish 3%
Foreign-born
5% · Canada, Dominican Republic
Languages at home
95% English-only · Spanish 5%

Political lean MEDSL · Summit

2024 margin
Solid D (+37.2) · D 67.0% · R 29.9% · Other 3.1%
2008→2024 swing
+4.1pp toward D · 2008: 33.0pp · 2024: 37.2pp
All cycles
2024: D+37.2 2020: D+39.5 2016: D+27.6 2012: D+24.4 2008: D+33.0

Not yet ingested

Civics

Market trends

HPI YoY
▼ -389.29%
Current HPI
311.0453
Rent YoY
Metro
Breckenridge, CO
State GDP YoY
▲ 1.95%
F500 in state
14

Industry mix (Fortune 500 HQ in CO)

Industry F500 HQs Revenue

Price history

-6.0% since first listed
4 events — show timeline
  • 2023-02-15 Sold (MLS) $30,000 SAR
  • 2023-02-07 Pending SAR
  • 2019-04-01 Listed $9,900 SAR
  • 2019-04-01 Listed $31,900 SAR

Cash-flow waterfall

monthly

Sold comps — $/sqft

last 12 mo · ≤1 mi

Loading sold comps…