The Real Estate Financial Planner Blueprint™
Columbia, Missouri 20% DP

Purchased Columbia, Missouri Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Columbia, Missouri Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,124. 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 Columbia, Missouri Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $185,700 purchase price that means you need to have $37,140 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,857) minus any seller concessions ($0).

Description Amount
Down Payment $37,140
Rent Ready Costs $0
Closing Costs $1,857
Seller Concessions $0
Total Cost To Close: $38,997

The monthly rent on this Property is $854 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Columbia, Missouri Average Property 1 $1,883 -$5,828 $2,343 $1,033 $1,245 $676
Columbia, Missouri Average Property 2 $1,726 -$5,264 $2,128 $948 $1,138 $676
Totals: $3,609 -$11,091 $4,470 $1,981 $2,383 $1,352

Asset Allocation

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

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