The Real Estate Financial Planner Blueprint™
Kenosha, Wisconsin 20% DP

Purchased Kenosha, Wisconsin Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Kenosha, Wisconsin Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,280. 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 Kenosha, Wisconsin Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $145,700 purchase price that means you need to have $29,140 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,457) minus any seller concessions ($0).

Description Amount
Down Payment $29,140
Rent Ready Costs $0
Closing Costs $1,457
Seller Concessions $0
Total Cost To Close: $30,597

The monthly rent on this Property is $880 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Kenosha, Wisconsin Average Property 1 -$2,256 -$3,444 $1,838 $811 $1,082 -$1,969
Kenosha, Wisconsin Average Property 2 -$2,066 -$3,075 $1,666 $742 $988 -$1,746
Kenosha, Wisconsin Average Property 3 -$1,877 -$2,712 $1,495 $674 $894 -$1,527
Totals: -$6,199 -$9,230 $4,998 $2,226 $2,964 -$5,241

Asset Allocation

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

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