The Real Estate Financial Planner Blueprint™
Lawrence, Kansas 20% DP

Purchased Lawrence, Kansas Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Lawrence, Kansas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,352. 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 Lawrence, Kansas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $188,100 purchase price that means you need to have $37,620 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,881) minus any seller concessions ($0).

Description Amount
Down Payment $37,620
Rent Ready Costs $0
Closing Costs $1,881
Seller Concessions $0
Total Cost To Close: $39,501

The monthly rent on this Property is $892 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Lawrence, Kansas Average Property 1 $1,240 -$7,329 $2,373 $1,047 $1,404 -$1,265
Lawrence, Kansas Average Property 2 $1,137 -$6,638 $2,155 $960 $1,284 -$1,103
Totals: $2,377 -$13,967 $4,527 $2,006 $2,688 -$2,368

Asset Allocation

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

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