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

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

We have a Rule that has you buying the Phoenix, Arizona Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,994. 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 Phoenix, Arizona Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $217,400 purchase price that means you need to have $43,480 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,174) minus any seller concessions ($0).

Description Amount
Down Payment $43,480
Rent Ready Costs $0
Closing Costs $2,174
Seller Concessions $0
Total Cost To Close: $45,654

The monthly rent on this Property is $999 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Phoenix, Arizona Average Property 1 -$1,263 -$3,476 $2,742 $1,209 $1,185 $399
Phoenix, Arizona Average Property 2 -$1,157 -$3,082 $2,488 $1,108 $1,081 $438
Totals: -$2,420 -$6,557 $5,230 $2,318 $2,266 $837

Asset Allocation

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

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