Investment property calculator — Illinois
Illinois deals frequently hinge on property tax clarity and local economic trends. Default rent inputs reflect HUD FMR data—pair the calculator with counsel and local pros on legal and tax questions. Same math as the national Investment property calculator; numbers are educational—not lender instructions.
Calculator
Investment Property Calculator
Adjust assumptions quickly, keep the main KPIs visible, and jump into deeper analysis when you are ready.
Loan amount $240,000 · payment $1,597/mo
Cash flow
-$1,157
Cap rate
1.76%
DSCR
0.28
Cash-on-cash
-23.13%
Core assumptions
Start with price, rent, and expenses. Financing assumptions stay available when you want a deeper read.
Live result
Loan amount $240,000 · payment $1,597/mo
Cash flow
-$1,157
Cap rate
1.76%
DSCR
0.28
Below 1.0 is tighter
Cash-on-cash
-23.13%
Monthly cash flow
-$1,157
Investment Property Calculator
Enter assumptions to preview monthly cash flow, cap rate, DSCR, and cash-on-cash return.
Monthly cash flow
-$1,157
Cap rate
1.76%
DSCR
0.28
Below 1.0 is tighter
Cash-on-cash
-23.13%
Loan amount $240,000 · payment $1,597/mo
Frequently asked questions
- How do you calculate rental property cash flow?
- Cash flow is monthly rent minus monthly expenses and debt service, adjusted for vacancy assumptions.
- What is a good DSCR for rental property?
- A DSCR above 1.0 generally means NOI covers debt service. Many investors target 1.20 or higher for safety.
- Can I save calculator results?
- This calculator does not store your session. A free account lets you save deals in the deal analyzer and track properties in your portfolio—you enter assumptions there.
Real estate investing in Illinois
Real estate investing in Illinois
Cook County and other jurisdictions have distinct assessment and appeal dynamics. Your modeled taxes should reflect what you expect after exemptions and appeals, not a single listing line item.
- Typical 2BR rent
- ~$1,200/mo
- Effective property tax
- ~1.95% of home value
- State income tax
- 4.95% flat
Rent: HUD FMR 2025 · Property tax: Tax Foundation 2022 · Adjust all calculator inputs to match your specific deal.
Other calculators for Illinois: BRRRR Calculator · STR vs LTR Calculator. All calculators · Investment property calculator