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309 Corte Madera Avenue, Mill Valley, CA 94941

3 beds • 3 baths • 2635 sqft

$3,534,800

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This property looks like a bad Airbnb investment with a projected -27.97% first-year return on $760k initial cash invested.

-27.97%

Cash On Cash

0.03%

Cap Rate

0

DSCR

$6,964

Rent

-$17,719

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$6,964 income − $24,683 expenses = $17,719 out of pocket

Income$6,964Out of Pocket$17,719Mortgage P&I$17,526252%Property Taxes$2,78140%Insurance$1,03215%Management$1,04515%CapEx$2794%Maintenance$2794%Other$1,74125%

Investment Breakdown

|

Purchase Price

$3535k

Downpayment

20.0%

Interest Rate

6.3%

Mortgage Duration

30yr.

Cash To Invest

Total

$760k

Downpayment

20%

$707k

Closing costs

1%

$35,348

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$6,964

Total Expenses

$24,683

Mortgage P&I

252%

$17,526

Property Taxes

40%

$2,781

Home Insurance

15%

$1,032

HOA

0%

$0

Property Management

15%

$1,045

CapEx

4%

$279

Vacancy

0%

$0

Maintenance

4%

$279

Other

25%

$1,741

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