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

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

We have a Rule that has you buying the Norwalk, Connecticut Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $9,582. 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 Norwalk, Connecticut Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $427,300 purchase price that means you need to have $85,460 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($4,273) minus any seller concessions ($0).

Description Amount
Down Payment $85,460
Rent Ready Costs $0
Closing Costs $4,273
Seller Concessions $0
Total Cost To Close: $89,733

The monthly rent on this Property is $1,597 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Norwalk, Connecticut Average Property 1 -$5,293 -$12,611 $5,390 $2,377 $2,496 -$7,641
Totals: -$5,293 -$12,611 $5,390 $2,377 $2,496 -$7,641

Asset Allocation

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

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports