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

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

We have a Rule that has you buying the Lafayette, Indiana Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,800. 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 Lafayette, Indiana Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $109,900 purchase price that means you need to have $21,980 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,099) minus any seller concessions ($0).

Description Amount
Down Payment $21,980
Rent Ready Costs $0
Closing Costs $1,099
Seller Concessions $0
Total Cost To Close: $23,079

The monthly rent on this Property is $800 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Lafayette, Indiana Average Property 1 $247 -$302 $1,386 $611 $759 $2,702
Lafayette, Indiana Average Property 2 $227 -$219 $1,258 $561 $694 $2,520
Lafayette, Indiana Average Property 3 $206 -$139 $1,131 $510 $629 $2,336
Lafayette, Indiana Average Property 4 $186 -$62 $1,004 $459 $563 $2,149
Totals: $866 -$722 $4,779 $2,140 $2,645 $9,708

Asset Allocation

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

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