The Real Estate Financial Planner Blueprint™
Norman, Oklahoma 20% DP

Purchased Norman, Oklahoma Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Norman, Oklahoma Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,142. 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 Norman, Oklahoma Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $174,700 purchase price that means you need to have $34,940 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,747) minus any seller concessions ($0).

Description Amount
Down Payment $34,940
Rent Ready Costs $0
Closing Costs $1,747
Seller Concessions $0
Total Cost To Close: $36,687

The monthly rent on this Property is $857 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Norman, Oklahoma Average Property 1 $3,729 -$8,096 $2,204 $972 $1,404 $213
Norman, Oklahoma Average Property 2 $3,421 -$7,358 $2,004 $893 $1,286 $245
Totals: $7,150 -$15,454 $4,207 $1,865 $2,690 $458

Asset Allocation

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

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