The Real Estate Financial Planner Blueprint™
St. Joseph, Missouri 20% DP

Purchased St. Joseph, Missouri Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the St. Joseph, Missouri Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,536. 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 St. Joseph, Missouri Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $109,900 purchase price that means you need to have $21,980 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,099) minus any seller concessions ($0).

Description Amount
Down Payment $21,980
Rent Ready Costs $0
Closing Costs $1,099
Seller Concessions $0
Total Cost To Close: $23,079

The monthly rent on this Property is $756 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
St. Joseph, Missouri Average Property 1 $617 -$1,711 $1,386 $611 $791 $1,695
St. Joseph, Missouri Average Property 2 $566 -$1,507 $1,259 $561 $724 $1,602
St. Joseph, Missouri Average Property 3 $514 -$1,306 $1,131 $510 $656 $1,506
St. Joseph, Missouri Average Property 4 $463 -$1,109 $1,004 $459 $588 $1,406
Totals: $2,159 -$5,634 $4,781 $2,142 $2,760 $6,208

Asset Allocation

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

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