Example Summit County Real Estate Properties
These are best of breed examples of the various property types in Summit County.
These examples are intended to serve only as guides to the projected cost of ownership in various areas.
Park Ave Lofts

Park Ave Lofts, Unit 304
Beds + Baths 2 + 2
List Price $679,000
Square Feet 1,037
Price per Square Foot $655
Downpayment 25% $169,750
Financing $509,250
Mortgage 6.75% (10 Yr I/O) ($34,374)
Association Dues ($9,605)
Property Taxes ($2,000)
Annual Cost ($45,980)
Net Rental $20,000
Yearly Expense ($25,980)
Monthly Expense ($2,165)
Net Income / List Price 2.95%
Pine Ridge

Pine Ridge, Unit 13F
Beds + Baths 2 + 2
List Price $659,000
Square Feet 1,480
Price per Square Foot $445
Downpayment 25% $164,750
Financing $494,250
Mortgage 6.75% (7 Yr I/O) ($33,362)
Association Dues ($4,212)
Property Taxes ($2,227)
Annual Cost ($39,801)
Net Rental $18,000
Yearly Expense ($21,801)
Monthly Expense ($1,817)
Net Income / List Price 2.73%
River Mountain Lodge

River Mountain Lodge, W402
Beds + Baths 2 + 2
List Price $815,000
Square Feet 1,213
Price per Square Foot $672
Downpayment 25% $203,750
Financing $611,250
Mortgage 6.75% (7 Yr I/O) ($41,259)
Association Dues ($6,780)
Property Taxes ($2,068)
Annual Cost ($50,107)
Net Rental $24,000
Yearly Expense ($26,107)
Monthly Expense ($2,176)
Net Income / List Price 2.94%
Please keep in mind that these properties are NOT necessarily on the market,
however, they are great examples of some of the many fine Summit County real estate options.
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