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

Purchased New Haven, Connecticut Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the New Haven, Connecticut Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $7,074. 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 New Haven, Connecticut Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $196,600 purchase price that means you need to have $39,320 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,966) minus any seller concessions ($0).

Description Amount
Down Payment $39,320
Rent Ready Costs $0
Closing Costs $1,966
Seller Concessions $0
Total Cost To Close: $41,286

The monthly rent on this Property is $1,179 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
New Haven, Connecticut Average Property 1 -$3,301 -$4,222 $2,480 $1,094 $1,395 -$2,554
New Haven, Connecticut Average Property 2 -$3,023 -$3,754 $2,247 $1,001 $1,273 -$2,256
Totals: -$6,324 -$7,976 $4,728 $2,095 $2,668 -$4,810

Asset Allocation

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

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