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REI Lense

Mount Prospect, IL Mid-Term Rental Analysis

Analyze rental property cap rates, cash-on-cash returns, and cashflow for mid-term rental investments in Mount Prospect, IL. Based on 15+ datapoints.

Mount Prospect, IL Mid-Term Rental Investment Snapshot

Based on 15+ mid-term rental datapoints

Median Cap Rate

5.6%

Avg Cash on Cash

-2.9%

Median Cashflow

-$277/mo

Avg Rent Estimate

$4,497/mo

Avg Price

$487,067

Price Range

$384,900 - $634,700

Rent to Price

0.92%

okay ratio

Positive Cashflow

8%

of analyzed properties

Recent real estate investor listings analysed as mid-term rental deals in Mount Prospect, IL

Mount Prospect, IL is an emerging mid-term rental market gaining attention from investors who want LTR-style stability with stronger furnished-rent premiums. With 15+ analyzed datapoints, early metrics suggest opportunity to enter before MTR inventory matures. Current average cash-on-cash returns sit at -2.9%.

Across 15+ analyzed properties, Mount Prospect, IL mid-term rental investments show a median monthly cashflow of -$277 with average furnished rent estimates of $4,497/month. These figures reflect real property data, not projections.

102 Audrey Ln, Mount Prospect, IL 60056

Price

$464,800

Rent

$4,374

CachFlow

-$359

CoC

-3.73

Full Analysis

704 N Wilshire Dr, Mount Prospect, IL 60056

Price

$425,200

Rent

$4,296

CachFlow

-$335

CoC

-3.75

Full Analysis

1121 N Crabtree Ln, Mount Prospect, IL 60056

Price

$527,100

Rent

$4,496

CachFlow

-$550

CoC

-5.13

Full Analysis

1408 S Fern Dr, Mount Prospect, IL 60056

Price

$445,500

Rent

$4,576

CachFlow

$50

CoC

0.54

Full Analysis

416 N Main St, Mount Prospect, IL 60056

Price

$410,800

Rent

$4,092

CachFlow

-$183

CoC

-2.11

Full Analysis
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Mount Prospect, IL Mid-Term Rental Market Insights

  • Median cashflow is -$277/month — careful deal selection is essential here
  • 5.6% median cap rate reflects a balanced risk-return profile
  • At 8% positive cashflow rate, Mount Prospect, IL requires selective property picks
  • Premium market with properties from $384,900 to $634,700
  • Early-stage market data — revisit as more properties are analyzed for stronger signals

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