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646 Ridgewood Ave, Mill Valley, CA 94941

3 beds • 3 baths • 1995 sqft

$2,006,600

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This property looks like a bad Airbnb investment with a projected -20.14% first-year return on $439k initial cash invested.

-20.14%

Cash On Cash

1.87%

Cap Rate

0.31

DSCR

$8,995

Rent

-$7,375

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$8,995 income − $16,370 expenses = $7,375 out of pocket

Income$8,995Out of Pocket$7,375Mortgage P&I$10,142113%Property Taxes$1,21213%Insurance$6988%Management$1,34915%CapEx$3604%Maintenance$3604%Other$2,24925%

Investment Breakdown

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Purchase Price

$2007k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$439k

Downpayment

20%

$401k

Closing costs

1%

$20,066

Rehab

0%

$0

Furnishing

1%

$18,000

Cashflow

Total Income

$8,995

Total Expenses

$16,370

Mortgage P&I

113%

$10,142

Property Taxes

13%

$1,212

Home Insurance

8%

$698

HOA

0%

$0

Property Management

15%

$1,349

CapEx

4%

$360

Vacancy

0%

$0

Maintenance

4%

$360

Other

25%

$2,249

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