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

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

We have a Rule that has you buying the Waukegan, Illinois Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,676. 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 Waukegan, Illinois Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $125,500 purchase price that means you need to have $25,100 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,255) minus any seller concessions ($0).

Description Amount
Down Payment $25,100
Rent Ready Costs $0
Closing Costs $1,255
Seller Concessions $0
Total Cost To Close: $26,355

The monthly rent on this Property is $946 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Waukegan, Illinois Average Property 1 -$3,782 -$2,774 $1,583 $698 $1,089 -$3,186
Waukegan, Illinois Average Property 2 -$3,463 -$2,455 $1,433 $638 $993 -$2,854
Waukegan, Illinois Average Property 3 -$3,144 -$2,145 $1,284 $579 $899 -$2,527
Totals: -$10,390 -$7,374 $4,300 $1,915 $2,981 -$8,567

Asset Allocation

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

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