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

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

We have a Rule that has you buying the Hartford, Connecticut Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,754. 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 Hartford, Connecticut Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $162,800 purchase price that means you need to have $32,560 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,628) minus any seller concessions ($0).

Description Amount
Down Payment $32,560
Rent Ready Costs $0
Closing Costs $1,628
Seller Concessions $0
Total Cost To Close: $34,188

The monthly rent on this Property is $959 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Hartford, Connecticut Average Property 1 -$2,749 -$3,670 $2,054 $906 $1,137 -$2,323
Hartford, Connecticut Average Property 2 -$2,518 -$3,267 $1,861 $829 $1,038 -$2,058
Totals: -$5,268 -$6,937 $3,915 $1,735 $2,175 -$4,380

Asset Allocation

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

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