The Real Estate Financial Planner Blueprint™
Davenport, Iowa 20% DP

Purchased Davenport, Iowa Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Davenport, Iowa Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,542. 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 Davenport, Iowa Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $127,100 purchase price that means you need to have $25,420 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,271) minus any seller concessions ($0).

Description Amount
Down Payment $25,420
Rent Ready Costs $0
Closing Costs $1,271
Seller Concessions $0
Total Cost To Close: $26,691

The monthly rent on this Property is $757 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Davenport, Iowa Average Property 1 $911 -$3,646 $1,603 $707 $940 $515
Davenport, Iowa Average Property 2 $835 -$3,282 $1,456 $649 $859 $517
Davenport, Iowa Average Property 3 $759 -$2,920 $1,309 $590 $779 $516
Totals: $2,505 -$9,848 $4,368 $1,946 $2,578 $1,548

Asset Allocation

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

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