Record permission before projecting income. Fill by hand after printing; this file does not calculate automatically. Prepared October 18, 2026.
Property / parcel reference:
Municipality or unincorporated county / responsible office:
Written zoning answer, license availability, approved capacity and date checked:
Private restrictions, ownership-transfer conditions and unresolved items:
| Cost | Your monthly amount |
|---|---|
| Mortgage cash payment, including principal | $ |
| Taxes and insurance not already in escrow payment | $ |
| Utilities, association charges and minimum upkeep | $ |
| Other recurring cash costs | $ |
| Total monthly carrying cost (A) | $ |
Multiply A by each delay you choose. Add one-time costs separately.
| Scenario | Months (B) | Carrying cash (A × B) |
|---|---|---|
| Your first case | $ | |
| Your second case | $ | |
| Your third case | $ |
One-time application, repair and furnishing costs: $ __________
Illustration only: $2,400/month × 1, 3 or 6 months = $2,400, $7,200 or $14,400. Assumes no rental income and constant costs. These are not approval-time estimates; a license may never become available. Do not double count escrowed taxes/insurance.Maximum cash you can commit / condition that must be resolved:
Responsible person / follow-up date:
Original RentalCalcs planning aid. No approval or earnings guarantee. Read the Illinois guide and linked primary sources for geography, tax and ownership distinctions. Keep sensitive financial records separately.