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

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

We have a Rule that has you buying the Independence, Missouri Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,034. 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 Independence, Missouri Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $107,300 purchase price that means you need to have $21,460 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,073) minus any seller concessions ($0).

Description Amount
Down Payment $21,460
Rent Ready Costs $0
Closing Costs $1,073
Seller Concessions $0
Total Cost To Close: $22,533

The monthly rent on this Property is $839 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Independence, Missouri Average Property 1 -$647 -$873 $1,354 $597 $839 $1,270
Independence, Missouri Average Property 2 -$593 -$728 $1,228 $547 $767 $1,222
Independence, Missouri Average Property 3 -$539 -$588 $1,102 $497 $695 $1,168
Independence, Missouri Average Property 4 -$485 -$454 $978 $447 $623 $1,110
Totals: -$2,263 -$2,642 $4,661 $2,088 $2,926 $4,770

Asset Allocation

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

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