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

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

We have a Rule that has you buying the Topeka, Kansas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,740. 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 Topeka, Kansas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $102,600 purchase price that means you need to have $20,520 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,026) minus any seller concessions ($0).

Description Amount
Down Payment $20,520
Rent Ready Costs $0
Closing Costs $1,026
Seller Concessions $0
Total Cost To Close: $21,546

The monthly rent on this Property is $790 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Topeka, Kansas Average Property 1 $466 -$2,453 $1,294 $571 $872 $751
Topeka, Kansas Average Property 2 $427 -$2,185 $1,175 $523 $798 $739
Topeka, Kansas Average Property 3 $388 -$1,922 $1,056 $476 $724 $723
Topeka, Kansas Average Property 4 $350 -$1,663 $937 $429 $650 $703
Totals: $1,631 -$8,223 $4,463 $1,999 $3,044 $2,915

Asset Allocation

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

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