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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 -26.64% first-year return on $760k initial cash invested.

-26.64%

Cash On Cash

0.34%

Cap Rate

0.06

DSCR

$8,573

Rent

-$16,881

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,573 income − $25,454 expenses = $16,881 out of pocket

Income$8,573Out of Pocket$16,881Mortgage P&I$17,526204%Property Taxes$2,78132%Insurance$1,03212%Management$1,28615%CapEx$3434%Maintenance$3434%Other$2,14325%

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

$8,573

Total Expenses

$25,454

Mortgage P&I

204%

$17,526

Property Taxes

32%

$2,781

Home Insurance

12%

$1,032

HOA

0%

$0

Property Management

15%

$1,286

CapEx

4%

$343

Vacancy

0%

$0

Maintenance

4%

$343

Other

25%

$2,143

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