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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 -23.98% first-year return on $175k initial cash invested.

-23.98%

Cash On Cash

0.61%

Cap Rate

0.1

DSCR

$3,276

Rent

-$3,506

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,276 income − $6,782 expenses = $3,506 out of pocket

Income$3,276Out of Pocket$3,506Mortgage P&I$3,758115%Property Taxes$1,19036%Insurance$2628%Management$49115%CapEx$1314%Maintenance$1314%Other$81925%

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

$3,276

Total Expenses

$6,782

Mortgage P&I

115%

$3,758

Property Taxes

36%

$1,190

Home Insurance

8%

$262

HOA

0%

$0

Property Management

15%

$491

CapEx

4%

$131

Vacancy

0%

$0

Maintenance

4%

$131

Other

25%

$819

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