The Real Estate Financial Planner Blueprint™
Owensboro, Kentucky 20% DP

Purchased Owensboro, Kentucky Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Owensboro, Kentucky Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,338. 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 Owensboro, Kentucky Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $111,400 purchase price that means you need to have $22,280 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,114) minus any seller concessions ($0).

Description Amount
Down Payment $22,280
Rent Ready Costs $0
Closing Costs $1,114
Seller Concessions $0
Total Cost To Close: $23,394

The monthly rent on this Property is $723 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Owensboro, Kentucky Average Property 1 $1,270 -$1,568 $1,405 $620 $772 $2,499
Owensboro, Kentucky Average Property 2 $1,165 -$1,374 $1,277 $569 $707 $2,342
Owensboro, Kentucky Average Property 3 $1,059 -$1,184 $1,148 $518 $641 $2,182
Owensboro, Kentucky Average Property 4 $954 -$997 $1,020 $466 $575 $2,018
Totals: $4,448 -$5,123 $4,849 $2,172 $2,695 $9,041

Asset Allocation

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

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