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

Purchased Springfield, Massachusetts Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Springfield, Massachusetts Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,082. 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 Springfield, Massachusetts Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $152,400 purchase price that means you need to have $30,480 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,524) minus any seller concessions ($0).

Description Amount
Down Payment $30,480
Rent Ready Costs $0
Closing Costs $1,524
Seller Concessions $0
Total Cost To Close: $32,004

The monthly rent on this Property is $847 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Springfield, Massachusetts Average Property 1 -$503 -$2,753 $1,922 $848 $1,000 $515
Springfield, Massachusetts Average Property 2 -$461 -$2,448 $1,744 $777 $914 $526
Springfield, Massachusetts Average Property 3 -$419 -$2,147 $1,567 $706 $827 $534
Totals: -$1,383 -$7,349 $5,233 $2,331 $2,741 $1,574

Asset Allocation

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

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