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

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

We have a Rule that has you buying the Waterloo, Iowa Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,440. 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 Waterloo, Iowa Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $114,000 purchase price that means you need to have $22,800 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,140) minus any seller concessions ($0).

Description Amount
Down Payment $22,800
Rent Ready Costs $0
Closing Costs $1,140
Seller Concessions $0
Total Cost To Close: $23,940

The monthly rent on this Property is $740 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Waterloo, Iowa Average Property 1 $866 -$2,476 $1,438 $634 $868 $1,330
Waterloo, Iowa Average Property 2 $794 -$2,212 $1,306 $582 $794 $1,263
Waterloo, Iowa Average Property 3 $722 -$1,951 $1,174 $529 $720 $1,194
Waterloo, Iowa Average Property 4 $650 -$1,692 $1,042 $477 $645 $1,123
Totals: $3,031 -$8,330 $4,960 $2,222 $3,026 $4,910

Asset Allocation

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

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