The Real Estate Financial Planner Blueprint™
Bridgeport, Connecticut 20% DP

Purchased Bridgeport, Connecticut Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Bridgeport, Connecticut Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,942. 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 Bridgeport, Connecticut Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $173,100 purchase price that means you need to have $34,620 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,731) minus any seller concessions ($0).

Description Amount
Down Payment $34,620
Rent Ready Costs $0
Closing Costs $1,731
Seller Concessions $0
Total Cost To Close: $36,351

The monthly rent on this Property is $1,157 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Bridgeport, Connecticut Average Property 1 -$6,550 -$4,460 $2,184 $963 $1,389 -$6,474
Bridgeport, Connecticut Average Property 2 -$5,994 -$3,957 $1,975 $879 $1,267 -$5,830
Totals: -$12,544 -$8,416 $4,159 $1,843 $2,655 -$12,304

Asset Allocation

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

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