The Real Estate Financial Planner Blueprint™
Fort Smith, Arkansas 20% DP

Purchased Fort Smith, Arkansas Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Fort Smith, Arkansas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $3,996. The following is a chart showing the balance of Starting with $100K, Earning 7%/year Account from the start of the Scenario to Month 1 after we've adjusted for all the income and expenses for the entire month.

To purchase the Fort Smith, Arkansas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $120,300 purchase price that means you need to have $24,060 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,203) minus any seller concessions ($0).

Description Amount
Down Payment $24,060
Rent Ready Costs $0
Closing Costs $1,203
Seller Concessions $0
Total Cost To Close: $25,263

The monthly rent on this Property is $666 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Fort Smith, Arkansas Average Property 1 $816 -$3,412 $1,518 $669 $872 $463
Fort Smith, Arkansas Average Property 2 $748 -$3,069 $1,378 $614 $797 $469
Fort Smith, Arkansas Average Property 3 $680 -$2,729 $1,239 $558 $723 $471
Totals: $2,245 -$9,210 $4,134 $1,842 $2,392 $1,403

Asset Allocation

How are assets allocated? Let's first look at this month.

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