All Real Estate Services are offered through Chalet Realty (DBA of Mahalla Realty LLC).
Texas Real Estate Commission Consumer Protection NoticeTexas Real Estate Commission Information About Brokerage ServicesTREC DisclaimerChalet (“GetChalet Inc.”) provides general educational content and tools for real-estate investors. Chalet is not a law firm, CPA firm, or investment adviser, and does not provide tax, legal, or accounting advice. Nothing on this site creates a CPA-client, attorney-client, or fiduciary relationship. Tax laws change, and state rules may differ from federal rules (e.g., California decouples from federal bonus depreciation). Always consult your own qualified tax and legal professionals about your specific situation.
The term 'Airbnb' is used on our site in a colloquial sense, akin to saying 'I am going to Airbnb it.' This usage is intended to refer broadly to the concept of short-term rentals and not specifically to the Airbnb platform or services. Airbnb, Inc. is not affiliated with Chalet, nor does it endorse or sponsor our services. We use the term in this generalized manner to easily convey the idea of participating in short-term rental activities, recognizing 'Airbnb' as a term familiar to many in this context.
Affiliate & Referral Disclosure. Chalet may receive referral fees or other consideration when you engage with featured agents, lenders, cost-seg providers, or other partners referenced on this site. These relationships may influence which partners we present. We follow the FTC Endorsement Guides and aim to disclose material connections clearly and conspicuously.
Chalet (DBA of GetChalet Inc.) is not affiliated, associated, authorized, endorsed by, or in any way officially connected with Airbnb, Airbnb.com, or any of its subsidiaries or its affiliates. The official Airbnb website can be found at http://www.airbnb.com. The name "Airbnb" as well as related names, marks, emblems and images are registered trademarks of Airbnb, Inc.
300 E Lionshead Cir #211, Vail, CO 81657, USA
Priced too high to cash-flow with a loan — an equity or tax play, not income.
Investment potential
Your scenario · adjust the levers below or open advanced settings to see how returns change
$154,191
$12,849/mo · at 66% occupancy & $748/night
-$23,483
-$1,957/mo after costs & mortgage
Cap rate
4.6%
Cash-on-cash
-5.1%
DSCR
0.77
Confidence
Your assumptions
Revenue
$154,191/yr
Market avg: $154,191/yr · 66% occ · $748 ADR
Financing
$102,043/yr
Operating costs
$75,631/yr
How this property compares to similar short-term rentals nearby.
Comparable set · 42 properties
$383–$1,318
Median $748
28%–83%
Median 66%
$73.6K–$252.1K
Median $146.4K
224–365
Median 306
This property · $154.2K
Comparable properties (42)
Cash flow potential Low · Appreciation potential Medium
304 days available · 242 days booked ·
267 days available · 171 days booked ·
326 days available · 251 days booked ·
365 days available · 213 days booked ·
322 days available · 237 days booked ·
321 days available · 236 days booked ·
309 days available · 248 days booked ·
342 days available · 197 days booked ·
287 days available · 226 days booked ·
365 days available · 196 days booked ·
319 days available · 250 days booked ·
318 days available · 241 days booked ·
342 days available · 156 days booked ·
307 days available · 247 days booked ·
295 days available · 212 days booked ·
292 days available · 165 days booked ·
285 days available · 216 days booked ·
252 days available · 191 days booked ·
315 days available · 181 days booked ·
319 days available · 181 days booked ·
318 days available · 181 days booked ·
268 days available · 144 days booked ·
315 days available · 167 days booked ·
305 days available · 143 days booked ·
272 days available · 137 days booked ·
338 days available · 118 days booked ·
313 days available · 161 days booked ·
269 days available · 166 days booked ·
244 days available · 167 days booked ·
337 days available · 182 days booked ·
337 days available · 162 days booked ·
224 days available · 136 days booked ·
264 days available · 130 days booked ·
288 days available · 149 days booked ·
303 days available · 166 days booked ·
345 days available · 165 days booked ·
232 days available · 108 days booked ·
288 days available · 99 days booked ·
278 days available · 125 days booked ·
286 days available · 153 days booked ·
342 days available · 228 days booked ·
297 days available · 132 days booked ·
Revenue and occupancy reflect Chalet's modeled estimates from observed booking activity for comparable active listings. Individual results vary with management, seasonality, and pricing.
Who this property is for
The same property is a great buy for one investor and a trap for another. Here's the honest read.
1031 / high-equity buyer
~$420.9K
Year-1 tax shield
Buying with cash or low leverage removes the debt-coverage problem entirely, so the thesis rests on appreciation plus a large first-year write-off. At roughly 25% of purchase price, the shield is substantial enough to carry the deal on its own.
Price-disciplined buyer
$1.3M
Break-even purchase price
Break-even is ~23% below the Zestimate, a discount sellers in Vail rarely accept. Treat the number as a walk-away line rather than an opening offer.
DSCR cash-flow buyer
0.77
DSCR at asking
At asking price the property doesn't cover its own debt service, so it won't qualify for DSCR financing as modeled. If you need cash flow from day one, look at a mid-term-rental fallback or a different Vail submarket.
For a buyer who materially participates and qualifies for the STR tax treatment.
$420.9K
Estimated first-year deduction · range $349.4K–$479.9K
Why this matters here
At a marginal bracket, this deduction can be worth $129.3K–$177.6K in estimated federal tax saved.
This only applies if you meet the IRS material-participation tests for short-term rentals and are not using a full-service property manager.
Estimate, subject to CPA review. Cost-segregation percentages shown here are illustrative and depend on an actual study of the property.
Some states do not conform to federal bonus depreciation, so your state may not allow the same first-year treatment shown above.
Chalet can introduce a cost-segregation partner — this is not tax, legal, or financial advice.
How cash-on-cash return moves with purchase price. The marked line is break-even (1.0 DSCR).
At this price: cash-on-cash -5.1%, DSCR 0.77, cash flow -$23,483/yr
| Price vs asking | Price | Cash-on-cash | DSCR | Band |
|---|---|---|---|---|
| -25% | $1,278,150 | 0.6% | 1.03 | Positive |
| -22% | $1,329,276 | -0.3% | 0.99 | At break-even |
| -15% | $1,448,570 | -2.1% | 0.91 | Below break-even |
| -8% | $1,567,864 | -3.6% | 0.84 | Below break-even |
| Asking | $1,704,200 | -5.1% | 0.77 | Below break-even |
| +8% | $1,840,536 | -6.3% | 0.71 | Below break-even |
| +15% | $1,959,830 | -7.3% | 0.67 | Below break-even |
Break-even price
$1,312,013
~23% under Zestimate. Where this property reaches 1.0 DSCR and neutral cash flow.
Discount needed
−$392,187
The gap between asking and the price a cash-flow buyer can underwrite.
If refi to 5.5% in 24 mo
+$14,956/yr
Illustrative cash-flow improvement at asking price if rates fall. Planning figure, not a forecast.
Annual avg $12,849 · peaks at $23,885 in Jan
Annual avg 61% · peaks at 83% in Aug
−$1,957/mo after all expenses
Cash to close
Down payment, closing costs, and furnishing
$494,218
Return on cash:12.5%
DSCR below 1.0 — but you can still qualify
Your DSCR is 0.77 · lenders typically require 1.0+.
Get matched with 2–3 vetted STR lenders, free.
What the deal returns over the hold — including the tax shield, which is the whole point for an appreciation buyer.
Levered IRR
14.7%
over 5-yr hold, with tax shield
Equity multiple
1.8×
total proceeds vs. $494,218 invested
Projected value at exit
$2,175,039
year 5 · 5.0% annual appreciation
Tax shield contribution
+6.6 pts
of IRR comes from year-1 depreciation
| Year | Equity | Appreciation | Cumulative cash flow | Total value |
|---|---|---|---|---|
| Year 1 | $439,034 | $85,210 | $132,264 | $656,507 |
| Year 2 | $452,956 | $174,681 | $111,094 | $738,730 |
| Year 3 | $467,884 | $268,625 | $92,271 | $828,780 |
| Year 4 | $483,892 | $367,266 | $75,831 | $926,989 |
| Year 5 | $501,057 | $470,839 | $61,810 | $1,033,706 |
Projection, not a promise.
Assumes 5.0% annual appreciation, 1.5% rent growth (operating costs held flat), and that the property qualifies for short-term-rental tax treatment. The year-1 depreciation shield depends on a real cost-segregation study and your tax situation — consult a CPA.
Appreciation is the dominant driver of this return. When cash flow is negative, the deal depends on the property gaining value — it is not paying for itself from income.
Appreciation, rent growth, and financing rates are editable under Edit financials.
STR deals turn on local rules and demand that a generalist agent misses. Chalet matches you with a vetted Vail agent who knows which properties actually cash flow — and which to avoid.
© 2026 Chalet. All rights reserved.
This analysis is generated by Chalet's Airbnb Calculator
Visit getchalet.com for more tools
Real Estate Investment Analysis & Market Insights
Disclaimer. This page and the data presented are for informational purposes only. The information provided should not be construed as financial, legal, or investment advice. Market conditions can change rapidly, and past performance does not guarantee future results. Always consult with qualified professionals before making investment decisions.
680 Lionshead Pl #703, Vail, CO 81657, USA
2 bed 2 bath 6 guests
Revenue
$121,764/yr
Daily Rate
$556
Occupancy
0.7%
1490 Buffehr Creek Rd, Vail, CO 81657, USA
3 bed 2 bath 8 guests
Revenue
$58,997/yr
3006 S Frontage Rd W, Vail, CO 81657, USA
4 bed 3 bath 10 guests
Revenue
$122,559/yr
3052 Bellflower Dr, Vail, CO 81657, USA
3 bed 3 bath 8 guests
Revenue
$183,987/yr
4192 Spruce Way 209 a, Vail, CO 81657, USA
2 bed 2 bath 6 guests
Revenue
$123,450/yr
4515 Big Horn Rd, Vail, CO 81657, USA
3 bed 3 bath 8 guests
Revenue
$206,418/yr
Daily Rate
$355
Occupancy
0.5%
Daily Rate
$569
Occupancy
0.6%
Daily Rate
$770
Occupancy
0.7%
Daily Rate
$541
Occupancy
0.7%
Daily Rate
$1,411
Occupancy
0.7%