The Real Estate Financial Planner Blueprint™
Lexington-Fayette, Kentucky 20% DP

Purchased Lexington-Fayette, Kentucky Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Lexington-Fayette, Kentucky Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,184. 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 Lexington-Fayette, Kentucky Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $180,700 purchase price that means you need to have $36,140 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,807) minus any seller concessions ($0).

Description Amount
Down Payment $36,140
Rent Ready Costs $0
Closing Costs $1,807
Seller Concessions $0
Total Cost To Close: $37,947

The monthly rent on this Property is $864 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Lexington-Fayette, Kentucky Average Property 1 $2,386 -$4,383 $2,279 $1,005 $1,146 $2,434
Lexington-Fayette, Kentucky Average Property 2 $2,188 -$3,941 $2,071 $923 $1,048 $2,289
Totals: $4,574 -$8,324 $4,350 $1,928 $2,195 $4,723

Asset Allocation

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

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