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8N258 Brierwood Ln, Elgin, IL 60124

3 beds • 3 baths • 4043 sqft

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This property looks like a bad Airbnb investment with a projected -22.21% first-year return on $175k initial cash invested.

-22.21%

Cash On Cash

1.06%

Cap Rate

0.18

DSCR

$3,773

Rent

-$3,248

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,773 income − $7,021 expenses = $3,248 out of pocket

Income$3,773Out of Pocket$3,248Mortgage P&I$3,758100%Property Taxes$1,19032%Insurance$2627%Management$56615%CapEx$1514%Maintenance$1514%Other$94325%

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

$3,773

Total Expenses

$7,021

Mortgage P&I

100%

$3,758

Property Taxes

32%

$1,190

Home Insurance

7%

$262

HOA

0%

$0

Property Management

15%

$566

CapEx

4%

$151

Vacancy

0%

$0

Maintenance

4%

$151

Other

25%

$943

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