The Real Estate Financial Planner Blueprint™
Aurora, Illinois 20% DP

Purchased Aurora, Illinois Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Aurora, Illinois Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $7,230. 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 Aurora, Illinois Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $178,300 purchase price that means you need to have $35,660 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,783) minus any seller concessions ($0).

Description Amount
Down Payment $35,660
Rent Ready Costs $0
Closing Costs $1,783
Seller Concessions $0
Total Cost To Close: $37,443

The monthly rent on this Property is $1,205 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Aurora, Illinois Average Property 1 -$3,105 -$3,899 $2,249 $992 $1,432 -$2,331
Aurora, Illinois Average Property 2 -$2,845 -$3,456 $2,038 $908 $1,308 -$2,047
Totals: -$5,950 -$7,355 $4,287 $1,900 $2,740 -$4,378

Asset Allocation

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

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