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REI Lense

Mchenry, IL Long-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Mchenry, IL. Based on 10+ datapoints.

Mchenry, IL Long-Term Rental Investment Snapshot

Based on 10+ long-term rental datapoints

Median Cap Rate

4.3%

Avg Cash on Cash

-12.1%

Median Cashflow

-$658/mo

Avg Rent Estimate

$2,649/mo

Avg Price

$431,480

Price Range

$274,800 - $700,000

Rent to Price

0.61%

low ratio

Positive Cashflow

0%

of analyzed properties

Recent real estate investor listings analysed as long-term rental deals in Mchenry, IL

Mchenry, IL is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.3%, typical of mid-to-upper tier markets where property value growth complements rental income. Investors here build equity through appreciation while rental income covers holding costs.

Based on 10+ analyzed properties, the median monthly cashflow in Mchenry, IL is -$658 with average rents of $2,649/month. Properties range from $274,800 to $700,000, offering entry points across multiple investment budgets.

314 N Cresthill Ave, McHenry, IL 60051

Price

$279,900

Rent

$2,095

CachFlow

-$369

CoC

-7.53

Full Analysis

305 N Timothy Ln, McHenry, IL 60050

Price

$379,900

Rent

$2,423

CachFlow

-$868

CoC

-13.06

Full Analysis

5111 Springdale Ln, McHenry, IL 60050

Price

$274,800

Rent

$2,444

CachFlow

-$221

CoC

-4.6

Full Analysis

6712 Burning Tree Cir, McHenry, IL 60050

Price

$610,600

Rent

$3,525

CachFlow

-$1,633

CoC

-15.28

Full Analysis

6706 Killala Dr, McHenry, IL 60050

Price

$461,200

Rent

$3,090

CachFlow

-$1,090

CoC

-13.51

Full Analysis
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Mchenry, IL Rental Market Insights

  • Median cashflow is -$658/month — careful deal selection is essential here
  • 4.3% median cap rate is typical of appreciation-focused markets
  • At 0% positive cashflow rate, Mchenry, IL requires selective property picks
  • Mid-to-upper tier market with properties from $274,800 to $700,000
  • Consider this market if your strategy favors equity growth with rental income covering holding costs

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