The Real Estate Financial Planner Blueprint™
Canton, Ohio 20% DP

Purchased Canton, Ohio Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Canton, Ohio Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $3,912. 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 Canton, Ohio Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $70,000 purchase price that means you need to have $14,000 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($700) minus any seller concessions ($0).

Description Amount
Down Payment $14,000
Rent Ready Costs $0
Closing Costs $700
Seller Concessions $0
Total Cost To Close: $14,700

The monthly rent on this Property is $652 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Canton, Ohio Average Property 1 -$1,356 $596 $883 $389 $556 $1,068
Canton, Ohio Average Property 2 -$1,242 $598 $800 $356 $508 $1,020
Canton, Ohio Average Property 3 -$1,128 $596 $718 $323 $460 $969
Canton, Ohio Average Property 4 -$1,015 $589 $636 $291 $412 $913
Canton, Ohio Average Property 5 -$901 $578 $554 $258 $364 $854
Canton, Ohio Average Property 6 -$788 $563 $474 $225 $316 $790
Canton, Ohio Average Property 7 -$675 $542 $393 $193 $268 $722
Totals: -$7,104 $4,062 $4,458 $2,036 $2,885 $6,335

Asset Allocation

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

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