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Illinois Cash on Cash Return Calculator

Cash on cash return measures annual cash flow ÷ total cash invested. Pre-filled with Illinois market data including property tax, insurance, vacancy rates, and management fees.

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Property & Financing

Rental Income

Operating Expenses(Illinois defaults)

Total Annual Expenses$13,680

Illinois Market Context

Avg Cap Rate

6.5%

Median Price

$286K

Property Tax

1.79%

Vacancy Rate

6.5%

Local Factors

  • -Second-highest property tax rate in the nation significantly impacts investor returns
  • -Chicago provides strong rental demand but has complex landlord-tenant regulations
  • -Population outmigration trend creates risk in downstate markets

Cash on Cash Return

-11.6%

Negative
Annual Cash Flow$-7,623
Monthly Cash Flow$-635
Total Cash Invested$65,780
Monthly Mortgage$1,522
NOI$10,644

Where Rent Goes

COC RETURN-11.6%
Cash Flow$0
Debt Service$18,267
Expenses$13,680

Cash Invested Breakdown

Down Payment$57,200
Closing Costs$8,580

What does this mean?

Negative cash on cash means you're losing money each month. The property's rental income doesn't cover your expenses and mortgage. Consider renegotiating the price, increasing rents, or walking away.