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

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

We have a Rule that has you buying the Worcester, Massachusetts Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,384. 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 Worcester, Massachusetts Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $220,700 purchase price that means you need to have $44,140 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,207) minus any seller concessions ($0).

Description Amount
Down Payment $44,140
Rent Ready Costs $0
Closing Costs $2,207
Seller Concessions $0
Total Cost To Close: $46,347

The monthly rent on this Property is $1,064 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Worcester, Massachusetts Average Property 1 -$2,741 -$4,763 $2,784 $1,228 $1,371 -$2,121
Worcester, Massachusetts Average Property 2 -$2,511 -$4,247 $2,524 $1,124 $1,251 -$1,859
Totals: -$5,252 -$9,010 $5,308 $2,352 $2,622 -$3,980

Asset Allocation

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

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