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

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

We have a Rule that has you buying the Peoria, Illinois Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,704. 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 Peoria, Illinois Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $126,400 purchase price that means you need to have $25,280 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,264) minus any seller concessions ($0).

Description Amount
Down Payment $25,280
Rent Ready Costs $0
Closing Costs $1,264
Seller Concessions $0
Total Cost To Close: $26,544

The monthly rent on this Property is $784 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Peoria, Illinois Average Property 1 $383 -$3,709 $1,594 $703 $976 -$52
Peoria, Illinois Average Property 2 $351 -$3,336 $1,447 $645 $893 $0
Peoria, Illinois Average Property 3 $319 -$2,965 $1,301 $586 $809 $50
Totals: $1,054 -$10,010 $4,343 $1,934 $2,678 -$2

Asset Allocation

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

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