The Real Estate Financial Planner Blueprint™
New Bedford, Massachusetts 20% DP

Purchased New Bedford, Massachusetts Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the New Bedford, Massachusetts Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,914. 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 New Bedford, Massachusetts Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $218,100 purchase price that means you need to have $43,620 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,181) minus any seller concessions ($0).

Description Amount
Down Payment $43,620
Rent Ready Costs $0
Closing Costs $2,181
Seller Concessions $0
Total Cost To Close: $45,801

The monthly rent on this Property is $819 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
New Bedford, Massachusetts Average Property 1 -$3,087 -$6,416 $2,751 $1,213 $1,255 -$4,283
New Bedford, Massachusetts Average Property 2 -$2,828 -$5,774 $2,494 $1,111 $1,144 -$3,854
Totals: -$5,915 -$12,191 $5,245 $2,324 $2,400 -$8,137

Asset Allocation

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

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports