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

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

We have a Rule that has you buying the Kokomo, Indiana Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,152. 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 Kokomo, Indiana Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $87,100 purchase price that means you need to have $17,420 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($871) minus any seller concessions ($0).

Description Amount
Down Payment $17,420
Rent Ready Costs $0
Closing Costs $871
Seller Concessions $0
Total Cost To Close: $18,291

The monthly rent on this Property is $692 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Kokomo, Indiana Average Property 1 -$273 -$26 $1,099 $485 $618 $1,902
Kokomo, Indiana Average Property 2 -$251 $27 $997 $444 $565 $1,782
Kokomo, Indiana Average Property 3 -$228 $77 $895 $404 $511 $1,660
Kokomo, Indiana Average Property 4 -$205 $124 $794 $363 $458 $1,534
Kokomo, Indiana Average Property 5 -$182 $167 $694 $323 $405 $1,406
Totals: -$1,139 $369 $4,479 $2,018 $2,557 $8,284

Asset Allocation

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

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