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

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

We have a Rule that has you buying the Muncie, Indiana Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,296. 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 Muncie, Indiana Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $70,800 purchase price that means you need to have $14,160 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($708) minus any seller concessions ($0).

Description Amount
Down Payment $14,160
Rent Ready Costs $0
Closing Costs $708
Seller Concessions $0
Total Cost To Close: $14,868

The monthly rent on this Property is $716 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Muncie, Indiana Average Property 1 -$637 $985 $893 $394 $560 $2,196
Muncie, Indiana Average Property 2 -$583 $951 $810 $361 $512 $2,050
Muncie, Indiana Average Property 3 -$530 $913 $727 $328 $464 $1,902
Muncie, Indiana Average Property 4 -$477 $872 $645 $295 $416 $1,750
Muncie, Indiana Average Property 5 -$424 $826 $563 $262 $368 $1,595
Muncie, Indiana Average Property 6 -$371 $777 $481 $229 $319 $1,436
Muncie, Indiana Average Property 7 -$318 $725 $400 $196 $271 $1,274
Totals: -$3,340 $6,050 $4,519 $2,064 $2,910 $12,203

Asset Allocation

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

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