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How To Replace Your $70k Salary with Rental Income




$70,000 salary/52 weeks = $1346/week

$700 monthly rental income x 12 months = $8400 annual rental income

$70,000 salary / $8400 annual rental income = 8 rental properties


However, I like to be conservative with my numbers. In my ROI formula, I always remove 40% from my rental income to account for any potential vacancies, repairs, or expenses. I don’t want to be short at the end of the month anymore. I’d rather be pleasantly surprised with extra funds, so let’s work that into the formula:


$8400 annual rental income x .6 = $5040 per property, per year

$70,000 / $5040 = 14 rental properties.


That means in order to completely replace a $70,000 salary, all you have to do is acquire 14 rental properties. That’s a totally attainable goal, and we’d love to show you how!

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