Likely sold or withdrawnWe last saw this listing 16 days ago. It may no longer be available — treat these numbers as a reference and confirm with the listing agent before acting.
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2 BED APARTMENTListed 109d ago
2-bed apartment investor view
311 Jackson St APT 4, Dundee, IL 60118 · 1,000 sqft · $2/sqft
No rent data on file — verify locally before offering.
Why it works
Monthly profit +$1,191/mo from completion — the no.1 reason to invest
Stress Rent-covers-mortgage check PASS at 6.5% rate stress — lender-friendly
Why to be cautious
No rent comparables — estimate is a rule-of-thumb fallback, not market data. Verify the rent locally before offering.
Property research tool — not a regulated financial service. Numbers are point-in-time estimates; how we decide →
Monthly cashflow
+$1K/mo
Pays you every month, net of costs
Price
$2K
No local sold comps to compare
Return · IRR
—
Not modelled
Cash to get in
$2K
Deposit + fees + refurb
5-yr return on cash 3200%Rent est. $1,671
How we define each return:On price — gross yield = annual rent ÷ purchase price.On cost — net yield ÷ total project cost (price + refurb + fees).On cash — cash-on-cash & ROI ÷ the actual cash you put in (deposit + costs).
Listing seen …
What-if calculator
Edit any input — outputs recalc live
Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)
Offer ($)
Monthly rent ($)
Estimated rent from few comparables — verify.
Financing
DepositYour cash in — the rest is the mortgage25% · $550
5%100% (cash buy)
Standard 75% LTV for rental
Mortgage rate5y fixed7.0%
3.0%9.0%
5-year fixed (market average) — 7.00% (as of 2026-05).
Mortgage term (years)
Stress rate8.0%
5.0%9.0%
Fed base + 2pp stress (8.0%)
Acquisition costs
Refurb ($)
Capped at 60% of $2,200 asking ($1,320). Raw model: $49,340–$92,730. Verify with a surveyor before offering.
Legal + survey ($)
Leasehold flat — $1,500 legal + $500 survey
Mortgage fees ($)
2% product fee on $1,650 loan + $1,000 booking fee
Running costs
Management10%
0%20%
Typical rental agency rate
Void weeks
Typical voids for rental
Insurance ($/mo)
Typical building+landlord cover for sub-$200K
Maintenance ($/mo)
Semi/flat: $67/mo proxy
Result · Rent it out
Monthly profit
+$1,191
after mortgage, operating costs & tax
Rent in$1,671/mo
$1,607Collected
$1,607/mo actually reaches you — the other $64 is lost to voids: the weeks a rental sits empty between tenants, when no rent comes in.
Where it goes
$469Costs$1,191Your profit
$1,191/mo left as profit · 74% of rent kept
Mortgage$11
Costs$469
Management$167
Maintenance$67
Insurance$20
CapEx reserve$84
Voids + council tax$5
Service charge + ground rent$175
Ltd co. accounts$104
Tax—
Profit+$1,191
Returns
Return before costson price911.45%
Cash returnon cash743.80%
Gross margin$1,138
Cash needed$1,922
Monthly profit payback2m
Data confidence
Lender stress test
Rent-covers-mortgage check7.09
Rent-covers-mortgage check PASS (target 1.00)
Year-by-year Monthly profit (5-yr horizon)
Net Monthly profit after tax. Rent + costs compound at their growth rates; mortgage principal amortises year-by-year for repayment loans.
Mortgage paydownRent profitbefore price growth
Full year-by-year breakdown
Year
Gross Rent
Op Costs
Mortgage
Equity Built
Tax
Net
Cumulative
Year 1
$20,052
$5,628
$132
$0
$2,716
$11,576
$11,576
Year 2
$20,654
$5,797
$132
$0
$2,798
$11,927
$23,503
Year 3
$21,273
$5,971
$132
$0
$2,882
$12,289
$35,791
Year 4
$21,911
$6,150
$132
$0
$2,970
$12,660
$48,451
Year 5
$22,569
$6,334
$132
$0
$3,059
$13,043
$61,495
Year 5 disposal
Disposal gain (gross)-$3,196
CGT$0
Net Disposal proceeds$2,368
What we verified
What we verified
2 total · click to expand
20002 ok · 0 caution · 0 fail · 0 unknown
Investor
Tenant profileMixed demand
Tenant profilelikely cohort2 bed
Primary profile
Mixed demand
Nearest university
for student-let assessment
University of Glasgow · 5919.1 km
Reason
Mixed-demand area without a single dominant tenant cohort. Local lettings agent can clarify.
Likely sold or withdrawnWe last saw this listing 16 days ago. It may no longer be available — treat these numbers as a reference and confirm with the listing agent before acting.
0/100
Marginal
No rent data — verify locally before offering.
Monthly profit+$1,191/mo at 25% deposit @ 5.5%
Stress Rent-covers-mortgage check PASS at 6.5% rate stress
Monthly cashflow
+$1K/mo
Pays you every month, net of costs
Price
$2K
No local sold comps to compare
Return · IRR
—
Not modelled
Cash to get in
$2K
Deposit + fees + refurb
5-yr return on cash 3200%Rent est. $1,671
Bedrooms
2
1 bath
Run the numbers
Each tab prefills
What-if calculator
Edit any input — outputs recalc live
Buy-to-Let. Standard rental on an Assured Shorthold Tenancy. Single household, market rent, paid monthly direct to landlord (or via agent). (hover any strategy tab for pros + cons)
Offer ($)
Monthly rent ($)
Estimated rent from few comparables — verify.
Financing
DepositYour cash in — the rest is the mortgage25% · $550
5%100% (cash buy)
Standard 75% LTV for rental
Mortgage rate5y fixed7.0%
3.0%9.0%
5-year fixed (market average) — 7.00% (as of 2026-05).
Mortgage term (years)
Stress rate8.0%
5.0%9.0%
Fed base + 2pp stress (8.0%)
Acquisition costs
Refurb ($)
Capped at 60% of $2,200 asking ($1,320). Raw model: $49,340–$92,730. Verify with a surveyor before offering.
Legal + survey ($)
Leasehold flat — $1,500 legal + $500 survey
Mortgage fees ($)
2% product fee on $1,650 loan + $1,000 booking fee
Running costs
Management10%
0%20%
Typical rental agency rate
Void weeks
Typical voids for rental
Insurance ($/mo)
Typical building+landlord cover for sub-$200K
Maintenance ($/mo)
Semi/flat: $67/mo proxy
Result · Rent it out
Monthly profit
+$1,191
after mortgage, operating costs & tax
Rent in$1,671/mo
$1,607Collected
$1,607/mo actually reaches you — the other $64 is lost to voids: the weeks a rental sits empty between tenants, when no rent comes in.
Where it goes
$469Costs$1,191Your profit
$1,191/mo left as profit · 74% of rent kept
Mortgage$11
Costs$469
Management$167
Maintenance$67
Insurance$20
CapEx reserve$84
Voids + council tax$5
Service charge + ground rent$175
Ltd co. accounts$104
Tax—
Profit+$1,191
Returns
Return before costson price911.45%
Cash returnon cash743.80%
Gross margin$1,138
Cash needed$1,922
Monthly profit payback2m
Data confidence
Lender stress test
Rent-covers-mortgage check7.09
Rent-covers-mortgage check PASS (target 1.00)
Year-by-year Monthly profit (5-yr horizon)
Net Monthly profit after tax. Rent + costs compound at their growth rates; mortgage principal amortises year-by-year for repayment loans.
Mortgage paydownRent profitbefore price growth
Full year-by-year breakdown
Year
Gross Rent
Op Costs
Mortgage
Equity Built
Tax
Net
Cumulative
Year 1
$20,052
$5,628
$132
$0
$2,716
$11,576
$11,576
Year 2
$20,654
$5,797
$132
$0
$2,798
$11,927
$23,503
Year 3
$21,273
$5,971
$132
$0
$2,882
$12,289
$35,791
Year 4
$21,911
$6,150
$132
$0
$2,970
$12,660
$48,451
Year 5
$22,569
$6,334
$132
$0
$3,059
$13,043
$61,495
What we verified
3 total
2100
Building condition1▾
Refurb costBased on beds + baths + sqftEstimate available
Investor profile2▾
Tenant profileBeds + postcode heuristicFamily let
Rent by the room feasibilityMin 3 beds for C4 routeBelow threshold
Comparables
sold within 0.5 mi
Location & transport
Loading map…
PropertySchoolsUniversitiesStations
Transport detail not loaded for this property.
Acquisition costs
$2K
25% deposit$550
Refurb$1,320
Legal + survey$2,000
Mortgage + broker$1,033
Cash needed$1,922
Green = verified data. Amber = market typical. Red = our estimate — verify before offering.
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Sources: Zillow · County records · GreatSchools Estimates not financial advice