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

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

We have a Rule that has you buying the Columbus, Ohio Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,568. 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 Columbus, Ohio Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $143,000 purchase price that means you need to have $28,600 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,430) minus any seller concessions ($0).

Description Amount
Down Payment $28,600
Rent Ready Costs $0
Closing Costs $1,430
Seller Concessions $0
Total Cost To Close: $30,030

The monthly rent on this Property is $928 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Columbus, Ohio Average Property 1 $11 -$2,230 $1,804 $796 $1,034 $1,414
Columbus, Ohio Average Property 2 $10 -$1,963 $1,637 $729 $945 $1,359
Columbus, Ohio Average Property 3 $10 -$1,701 $1,471 $663 $856 $1,298
Totals: $31 -$5,895 $4,912 $2,188 $2,835 $4,071

Asset Allocation

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

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