Zip Code 62002 — Alton, IL
🟢STRONG— excellent cash flow marketCap Rate
10.2%
Monthly Cash Flow
+$380
Median Home Price
$120,023
DSCR
1.60
🏠 Fair Market Rents
- Studio
- $860/mo
- 1 Bedroom
- $900/mo
- 2 Bedroom
- $1,120/mo
- 3 Bedroom
- $1,450/mo
- 4 Bedroom
- $1,680/mo
📊 Investment Metrics
- Cap Rate
- 10.2%
- Cash-on-Cash Return
- 16.5%
- Price-to-Rent Ratio
- 6.9
- 1% Rule
- 1.21%
- Gross Rent Multiplier
- 6.9
- Vacancy Rate
- 8.0%
📋 Assumptions Used
20% down payment, 7.000000000000001% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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