Zip Code 60960 — Rankin, IL
🟢STRONG— excellent cash flow marketCap Rate
9.7%
Monthly Cash Flow
+$288
Median Home Price
$104,517
DSCR
1.52
🏠 Fair Market Rents
- Studio
- $780/mo
- 1 Bedroom
- $790/mo
- 2 Bedroom
- $930/mo
- 3 Bedroom
- $1,210/mo
- 4 Bedroom
- $1,250/mo
📊 Investment Metrics
- Cap Rate
- 9.7%
- Cash-on-Cash Return
- 14.4%
- Price-to-Rent Ratio
- 7.2
- 1% Rule
- 1.16%
- Gross Rent Multiplier
- 7.2
- 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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