REI Lense

REI Lense

Unlock all features! Tap here to upgrade

646 Ridgewood Ave, Mill Valley, CA 94941

3 beds • 3 baths • 1995 sqft

$2,006,600

View on Zillow
Email

This property looks like a bad Airbnb investment with a projected -21.68% first-year return on $439k initial cash invested.

-21.68%

Cash On Cash

1.51%

Cap Rate

0.25

DSCR

$7,912

Rent

-$7,937

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$7,912 income − $15,849 expenses = $7,937 out of pocket

Income$7,912Out of Pocket$7,937Mortgage P&I$10,142128%Property Taxes$1,21215%Insurance$6989%Management$1,18715%CapEx$3164%Maintenance$3164%Other$1,97825%

Investment Breakdown

|

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

$7,912

Total Expenses

$15,849

Mortgage P&I

128%

$10,142

Property Taxes

15%

$1,212

Home Insurance

9%

$698

HOA

0%

$0

Property Management

15%

$1,187

CapEx

4%

$316

Vacancy

0%

$0

Maintenance

4%

$316

Other

25%

$1,978

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis