The Real Estate Financial Planner Blueprint™
Glendale, Arizona 20% DP

Purchased Glendale, Arizona Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Glendale, Arizona Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,748. 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 Glendale, Arizona Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $197,600 purchase price that means you need to have $39,520 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,976) minus any seller concessions ($0).

Description Amount
Down Payment $39,520
Rent Ready Costs $0
Closing Costs $1,976
Seller Concessions $0
Total Cost To Close: $41,496

The monthly rent on this Property is $958 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Glendale, Arizona Average Property 1 -$1,783 -$2,880 $2,493 $1,099 $1,096 $24
Glendale, Arizona Average Property 2 -$1,634 -$2,544 $2,260 $1,007 $1,000 $89
Totals: -$3,417 -$5,424 $4,753 $2,106 $2,095 $114

Asset Allocation

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

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