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

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

We have a Rule that has you buying the Springfield, Missouri Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,380. 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 Springfield, Missouri Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $115,200 purchase price that means you need to have $23,040 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,152) minus any seller concessions ($0).

Description Amount
Down Payment $23,040
Rent Ready Costs $0
Closing Costs $1,152
Seller Concessions $0
Total Cost To Close: $24,192

The monthly rent on this Property is $730 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Springfield, Missouri Average Property 1 $1,493 -$2,003 $1,453 $641 $815 $2,399
Springfield, Missouri Average Property 2 $1,370 -$1,782 $1,320 $588 $746 $2,242
Springfield, Missouri Average Property 3 $1,246 -$1,562 $1,187 $535 $676 $2,082
Springfield, Missouri Average Property 4 $1,122 -$1,345 $1,055 $482 $606 $1,920
Totals: $5,230 -$6,692 $5,016 $2,247 $2,842 $8,643

Asset Allocation

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

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