REI Lense

REI Lense

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$6,594 (target)

8N258 Brierwood Ln, Elgin, IL 60124

3 beds • 3 baths • 4043 sqft

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This property looks like a bad Mid-Term investment with a projected -5.87% first-year return on $175k initial cash invested.

-5.87%

Cash On Cash

5.06%

Cap Rate

0.84

DSCR

$6,594

Rent

-$858

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

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Purchase Price

$750k

Downpayment

20.0%

Interest Rate

6.4%

Mortgage Duration

30yr.

Cash To Invest

Total

$175k

Downpayment

20%

$150k

Closing costs

1%

$7,499

Rehab

0%

$0

Furnishing

2%

$18,000

Cashflow

Total Income

$6,594

Total Expenses

$7,452

Mortgage P&I

57%

$3,758

Property Taxes

18%

$1,190

Home Insurance

4%

$262

HOA

0%

$0

Property Management

12%

$791

CapEx

4%

$264

Vacancy

3%

$198

Maintenance

4%

$264

Other

11%

$725

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