Zip Code 61038 — Garden Prairie, IL
🔴WEAK— appreciation play onlyCap Rate
3.1%
Monthly Cash Flow
-$899
Median Home Price
$324,368
DSCR
0.48
🏠 Fair Market Rents
- Studio
- $880/mo
- 1 Bedroom
- $970/mo
- 2 Bedroom
- $1,200/mo
- 3 Bedroom
- $1,570/mo
- 4 Bedroom
- $1,750/mo
📊 Investment Metrics
- Cap Rate
- 3.1%
- Cash-on-Cash Return
- -14.4%
- Price-to-Rent Ratio
- 17.2
- 1% Rule
- 0.48%
- Gross Rent Multiplier
- 17.2
- 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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