The Real Estate Financial Planner Blueprint™
Kalamazoo, Michigan 20% DP

Purchased Kalamazoo, Michigan Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Kalamazoo, Michigan Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,650. 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 Kalamazoo, Michigan Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $103,700 purchase price that means you need to have $20,740 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,037) minus any seller concessions ($0).

Description Amount
Down Payment $20,740
Rent Ready Costs $0
Closing Costs $1,037
Seller Concessions $0
Total Cost To Close: $21,777

The monthly rent on this Property is $775 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Kalamazoo, Michigan Average Property 1 -$562 -$1,481 $1,308 $577 $839 $681
Kalamazoo, Michigan Average Property 2 -$515 -$1,301 $1,187 $529 $766 $666
Kalamazoo, Michigan Average Property 3 -$468 -$1,124 $1,066 $480 $694 $648
Kalamazoo, Michigan Average Property 4 -$421 -$951 $945 $432 $622 $628
Totals: -$1,966 -$4,856 $4,506 $2,018 $2,921 $2,623

Asset Allocation

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

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