Zip Code 60661 — Chicago, IL
🟢GOOD— solid returnsCap Rate
7.5%
Monthly Cash Flow
+$331
Median Home Price
$348,838
DSCR
1.18
🏠 Fair Market Rents
- Studio
- $2,100/mo
- 1 Bedroom
- $2,260/mo
- 2 Bedroom
- $2,570/mo
- 3 Bedroom
- $3,270/mo
- 4 Bedroom
- $3,870/mo
📊 Investment Metrics
- Cap Rate
- 7.5%
- Cash-on-Cash Return
- 4.9%
- Price-to-Rent Ratio
- 8.9
- 1% Rule
- 0.94%
- Gross Rent Multiplier
- 8.9
- 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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