Mundelein, IL Long-Term Rental Analysis
Analyze rental property cap rates, cash-on-cash returns, and cashflow for long-term rental investments in Mundelein, IL. Based on 10+ datapoints.
Mundelein, IL Long-Term Rental Investment Snapshot
Based on 10+ long-term rental datapoints
Median Cap Rate
4.8%
Avg Cash on Cash
-8.7%
Median Cashflow
-$540/mo
Avg Rent Estimate
$2,905/mo
Avg Price
$392,608
Price Range
$278,000 - $573,300
Rent to Price
0.74%
low ratio
Positive Cashflow
0%
of analyzed properties
Recent real estate investor listings analysed as long-term rental deals in Mundelein, IL
Mundelein, IL is primarily an appreciation-driven market for long-term rental investors. Cap rates average 4.8%, 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 Mundelein, IL is -$540 with average rents of $2,905/month. Properties range from $278,000 to $573,300, offering entry points across multiple investment budgets.
2101 Yellowstone Blvd, Mundelein, IL 60060
Price
$444,700
Rent
$3,043
CachFlow
-$1,773
CoC
-22.78
Mundelein, IL Rental Market Insights
- •Median cashflow is -$540/month — careful deal selection is essential here
- •4.8% median cap rate is typical of appreciation-focused markets
- •At 0% positive cashflow rate, Mundelein, IL requires selective property picks
- •Mid-to-upper tier market with properties from $278,000 to $573,300
- •Consider this market if your strategy favors equity growth with rental income covering holding costs