The Real Estate Financial Planner Blueprint™
Rochester, Minnesota 20% DP

Purchased Rochester, Minnesota Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Rochester, Minnesota Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,652. 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 Rochester, Minnesota Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $188,000 purchase price that means you need to have $37,600 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,880) minus any seller concessions ($0).

Description Amount
Down Payment $37,600
Rent Ready Costs $0
Closing Costs $1,880
Seller Concessions $0
Total Cost To Close: $39,480

The monthly rent on this Property is $942 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Rochester, Minnesota Average Property 1 $2,279 -$4,062 $2,372 $1,046 $1,197 $2,832
Rochester, Minnesota Average Property 2 $2,090 -$3,643 $2,154 $960 $1,095 $2,656
Totals: $4,369 -$7,704 $4,526 $2,006 $2,292 $5,488

Asset Allocation

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

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