The Real Estate Financial Planner Blueprint™
Tuscaloosa, Alabama 20% DP

Purchased Tuscaloosa, Alabama Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Tuscaloosa, Alabama Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,058. 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 Tuscaloosa, Alabama Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $173,900 purchase price that means you need to have $34,780 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,739) minus any seller concessions ($0).

Description Amount
Down Payment $34,780
Rent Ready Costs $0
Closing Costs $1,739
Seller Concessions $0
Total Cost To Close: $36,519

The monthly rent on this Property is $843 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Tuscaloosa, Alabama Average Property 1 $2,585 -$4,839 $2,194 $968 $1,160 $2,068
Tuscaloosa, Alabama Average Property 2 $2,371 -$4,357 $1,993 $888 $1,061 $1,957
Totals: $4,957 -$9,196 $4,187 $1,856 $2,222 $4,025

Asset Allocation

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

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