The Real Estate Financial Planner Blueprint™
Corona, California 20% DP

Purchased Corona, California Average Property 1 Property
Bought in Month 3

We have a Rule that has you buying the Corona, California Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $9,162 (which we adjust for inflation to be worth $9,162 in Month 3). The following is a chart showing the balance of Starting with $100K, Earning 7%/year Account from the start of the Scenario to Month 3 after we've adjusted for all the income and expenses for the entire month.

To purchase the Corona, California Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $444,185.19 purchase price that means you need to have $88,837.04 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($4,441.85) minus any seller concessions ($0).

Description Amount
Down Payment $88,837.04
Rent Ready Costs $0
Closing Costs $4,441.85
Seller Concessions $0
Total Cost To Close: $93,278.89

The monthly rent on this Property is $1,534.55 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Corona, California Average Property 1 -$89 -$10,276 $5,603 $2,471 $2,254 -$37
Totals: -$89 -$10,276 $5,603 $2,471 $2,254 -$37

Asset Allocation

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

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