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

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

We have a Rule that has you buying the Carmel, Indiana Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $7,194. 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 Carmel, Indiana Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $330,600 purchase price that means you need to have $66,120 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($3,306) minus any seller concessions ($0).

Description Amount
Down Payment $66,120
Rent Ready Costs $0
Closing Costs $3,306
Seller Concessions $0
Total Cost To Close: $69,426

The monthly rent on this Property is $1,199 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Carmel, Indiana Average Property 1 $4,597 -$11,224 $4,170 $1,839 $1,949 $1,331
Totals: $4,597 -$11,224 $4,170 $1,839 $1,949 $1,331

Asset Allocation

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

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