The Real Estate Financial Planner Blueprint™
Bloomington, Indiana 20% DP

Purchased Bloomington, Indiana Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Bloomington, Indiana Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,322. 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 Bloomington, Indiana Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $182,100 purchase price that means you need to have $36,420 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,821) minus any seller concessions ($0).

Description Amount
Down Payment $36,420
Rent Ready Costs $0
Closing Costs $1,821
Seller Concessions $0
Total Cost To Close: $38,241

The monthly rent on this Property is $887 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Bloomington, Indiana Average Property 1 $2,691 -$4,332 $2,297 $1,013 $1,158 $2,826
Bloomington, Indiana Average Property 2 $2,468 -$3,897 $2,087 $930 $1,058 $2,647
Totals: $5,159 -$8,229 $4,384 $1,943 $2,216 $5,473

Asset Allocation

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

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