Zip Code 60551 — Sheridan, IL
🟢GOOD— solid returnsCap Rate
6.3%
Monthly Cash Flow
-$17
Median Home Price
$300,607
DSCR
0.99
🏠 Fair Market Rents
- Studio
- $1,180/mo
- 1 Bedroom
- $1,320/mo
- 2 Bedroom
- $1,740/mo
- 3 Bedroom
- $2,450/mo
- 4 Bedroom
- $2,560/mo
📊 Investment Metrics
- Cap Rate
- 6.3%
- Cash-on-Cash Return
- -0.3%
- Price-to-Rent Ratio
- 10.2
- 1% Rule
- 0.82%
- Gross Rent Multiplier
- 10.2
- 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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