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

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

We have a Rule that has you buying the Rockford, Illinois Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,512. 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 Rockford, Illinois Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $89,700 purchase price that means you need to have $17,940 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($897) minus any seller concessions ($0).

Description Amount
Down Payment $17,940
Rent Ready Costs $0
Closing Costs $897
Seller Concessions $0
Total Cost To Close: $18,837

The monthly rent on this Property is $752 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Rockford, Illinois Average Property 1 -$2,182 -$1,742 $1,131 $499 $818 -$1,475
Rockford, Illinois Average Property 2 -$1,998 -$1,531 $1,025 $456 $747 -$1,301
Rockford, Illinois Average Property 3 -$1,815 -$1,327 $919 $414 $676 -$1,132
Rockford, Illinois Average Property 4 -$1,631 -$1,128 $814 $372 $606 -$968
Rockford, Illinois Average Property 5 -$1,449 -$935 $709 $330 $535 -$809
Totals: -$9,075 -$6,663 $4,598 $2,071 $3,383 -$5,685

Asset Allocation

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

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