Zip Code 60203 — Evanston, IL
🔴WEAK— appreciation play onlyF
Poor
Negative cash flow likely · Score: 21/100
Cap Rate
3.7%
Monthly Cash Flow
-$1,343
Median Home Price
$589,842
DSCR
0.57
Fair Market Rents
- Studio
- $2,060/mo
- 1 Bedroom
- $2,220/mo
- 2 Bedroom
- $2,520/mo
- 3 Bedroom
- $3,210/mo
- 4 Bedroom
- $3,800/mo
Investment Metrics
- Cap Rate
- 3.7%
- Cash-on-Cash Return
- -11.9%
- Price-to-Rent Ratio
- 15.3
- 1% Rule
- 0.54%
- Gross Rent Multiplier
- 15.3
- Vacancy Rate
- 8.0%
Assumptions Used
20% down payment, 6.52% interest rate, 30-year fixed, 8% vacancy, 10% maintenance, 1.2% property tax
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