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

Purchased Fort Wayne, Indiana Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Fort Wayne, Indiana Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,410. 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 Fort Wayne, Indiana Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $110,600 purchase price that means you need to have $22,120 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,106) minus any seller concessions ($0).

Description Amount
Down Payment $22,120
Rent Ready Costs $0
Closing Costs $1,106
Seller Concessions $0
Total Cost To Close: $23,226

The monthly rent on this Property is $735 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Fort Wayne, Indiana Average Property 1 $594 -$1,276 $1,395 $615 $761 $2,090
Fort Wayne, Indiana Average Property 2 $545 -$1,114 $1,267 $564 $696 $1,958
Fort Wayne, Indiana Average Property 3 $495 -$954 $1,139 $513 $631 $1,823
Fort Wayne, Indiana Average Property 4 $446 -$798 $1,011 $462 $565 $1,686
Totals: $2,080 -$4,142 $4,811 $2,155 $2,653 $7,558

Asset Allocation

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

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