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

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

We have a Rule that has you buying the Parma, Ohio Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,998. 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 Parma, Ohio Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $112,100 purchase price that means you need to have $22,420 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,121) minus any seller concessions ($0).

Description Amount
Down Payment $22,420
Rent Ready Costs $0
Closing Costs $1,121
Seller Concessions $0
Total Cost To Close: $23,541

The monthly rent on this Property is $833 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Parma, Ohio Average Property 1 -$2,033 -$1,505 $1,414 $624 $883 -$617
Parma, Ohio Average Property 2 -$1,862 -$1,310 $1,281 $571 $807 -$514
Parma, Ohio Average Property 3 -$1,692 -$1,121 $1,150 $518 $730 -$415
Parma, Ohio Average Property 4 -$1,521 -$937 $1,018 $465 $653 -$321
Totals: -$7,108 -$4,874 $4,863 $2,178 $3,073 -$1,867

Asset Allocation

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

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports