The Real Estate Financial Planner Blueprint™
Pawtucket, Rhode Island 20% DP

Purchased Pawtucket, Rhode Island Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Pawtucket, Rhode Island Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,418. 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 Pawtucket, Rhode Island Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $181,900 purchase price that means you need to have $36,380 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,819) minus any seller concessions ($0).

Description Amount
Down Payment $36,380
Rent Ready Costs $0
Closing Costs $1,819
Seller Concessions $0
Total Cost To Close: $38,199

The monthly rent on this Property is $903 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Pawtucket, Rhode Island Average Property 1 -$5,126 -$4,611 $2,295 $1,012 $1,207 -$5,223
Pawtucket, Rhode Island Average Property 2 -$4,693 -$4,120 $2,077 $925 $1,100 -$4,710
Totals: -$9,819 -$8,730 $4,372 $1,937 $2,307 -$9,933

Asset Allocation

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

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