Highlighting all cities in Illinois for
20% Down Payment Non-Owner-Occupant
Buy 1 owner-occupant property with 5% down then up to 9 non-owner-occupant properties with 20% down payments.
The following shows Net Worth for 20% Down Payment Non-Owner-Occupant at 40 years (month 480) for all the different cities in Illinois.
- Chicago = $26.46M
- Elgin = $11.94M
- Joliet = $5.10M
- Naperville = $9.67M
- Rockford = $9.17M
Month First Achieved Financial Independence
The following shows how many months it takes to achieve financial independence for 20% Down Payment Non-Owner-Occupant for all the different cities in Illinois.
Speed to Financial Independence vs Property Value (ARV)
Is it impossible to achieve financial independence (lean FIRE) in cities where home prices are higher?
The chart below compares how long it takes to achieve financial independence (lean FIRE) compared to the price of properties in that city (After Repair Value or ARV).
Net Worth vs Property Value (ARV)
Does a higher initial property value mean overall higher net worth? Or, lower net worth? By how much?
Net Worth vs Ran Out of Money
How does running out of money correlate to net worth?
Detailed Illinois City-Specific Modeling
Check out the detailed modeling for these Illinois cities.Chicago