REI Lense

REI Lense

Unlock all features! Tap here to upgrade

8N258 Brierwood Ln, Elgin, IL 60124

3 beds • 3 baths • 4043 sqft

Email

This property looks like a bad Airbnb investment with a projected -24.3% first-year return on $175k initial cash invested.

-24.3%

Cash On Cash

0.53%

Cap Rate

0.09

DSCR

$3,183

Rent

-$3,554

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$3,183 income − $6,737 expenses = $3,554 out of pocket

Income$3,183Out of Pocket$3,554Mortgage P&I$3,758118%Property Taxes$1,19037%Insurance$2628%Management$47715%CapEx$1274%Maintenance$1274%Other$79625%

Investment Breakdown

|

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

$3,183

Total Expenses

$6,737

Mortgage P&I

118%

$3,758

Property Taxes

37%

$1,190

Home Insurance

8%

$262

HOA

0%

$0

Property Management

15%

$477

CapEx

4%

$127

Vacancy

0%

$0

Maintenance

4%

$127

Other

25%

$796

Enter a Property Address for Instant Investment Analysis

Fast and accurate real estate investment analysis