Prudential Property Management

Prudential Property Management performs rental and management services for condos and homes in Vail, Beaver Creek, Avon and Eagle Vail. They have provided these "very general" estimates for rental income and management fees. Their numbers are aggressive assuming that the owners will have the property available for rentals during all the major rental times (Christmas, mid-January, mid-February, March, early April, July, August). These numbers also assume good snow conditions and good economic conditions. Prudential charges 40% for their management fee, other companies may charge more, few charge less. Again these are estimates, specific numbers should be obtain from owners and/or property manageers of individual units you may be considering.

Vail Village, Lionshead, Beaver Creek ...
1B - Gross income $32,000 - Mgmt Fees $12,800 - Net income $19,200
2B - Gross income $40,000 - Mgmt Fees $16,000 - Net income $24,000
3B - Gross income $63,000 - Mgmt Fees $25,200 - Net income $37,800
4B - Gross income $72,000 - Mgmt Fees $28,800 - Net income $43,200

East Vail, West Vail, Sandstone, Potato Patch ...
1B - Gross income $14,000 - Mgmt Fees $5,600 - Net income $8,400
2B - Gross income $21,500 - Mgmt Fees $8,600 - Net income $12,900
3B - Gross income $28,000 - Mgmt Fees $11,200 - Net income $16,800
4B - Gross income $36,500 - Mgmt Fees $14,600 - Net income $21,900

Eagle-Vail, Avon ...
1B - Gross income $9,500 - Mgmt Fees $3,800 - Net income $5,700
2B - Gross income $16,000 - Mgmt Fees $6,400 - Net income $9,600
3B - Gross income $21,000 - Mgmt Fees $8,400 - Net income $12,600
4B - Gross income $27,000 - Mgmt Fees $10,800 - Net income $16,200

Subtract the following Other Expenses from the above net income
1) association dues
2) property taxes
3) miscellaneous expenses (phone, gas, electric, cable)
4) debt service
5) any special assessments or maintenance?
and you end up with your "cash flow" amount.

Gross income varies with the condition of the unit, owner usage, snow conditions and world conditions. The above Other Expenses are also estimates that will change from complex to complex, and unit to unit within complexes.