Wholesale / MAO 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 Wholesale / MAO calculator; numbers are educational—not lender instructions.
Frequently asked questions
- How do you calculate MAO in wholesale real estate?
- A common baseline is the 70% rule: MAO starts with ARV multiplied by your target percentage, then subtracts repairs, closing costs, holding costs, and assignment fee.
- Can MAO be negative?
- Yes. A negative MAO means the deal does not support your target margin at those assumptions and likely needs a lower purchase price or different terms.
- Can I save wholesale calculator results?
- This calculator does not save your session. Use a free Veld account to save deal assumptions, compare scenarios, and track properties over time.
- How should I set MAO in Illinois wholesale deals?
- Start from realistic ARV around $285,600 median home prices, then subtract repairs, holding, and transaction costs before assignment fee. Adjust your ARV multiplier for local buyer demand and renovation risk, not a one-size national rule.
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
- ~1.79% of home value
- State income tax
- 4.95% flat
- Median home price
- ~$285,600
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