The Real Estate Financial Planner Blueprint™
Grand Junction, Colorado 20% DP

Purchased Grand Junction, Colorado Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Grand Junction, Colorado Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,472. 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 Grand Junction, Colorado Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $223,900 purchase price that means you need to have $44,780 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,239) minus any seller concessions ($0).

Description Amount
Down Payment $44,780
Rent Ready Costs $0
Closing Costs $2,239
Seller Concessions $0
Total Cost To Close: $47,019

The monthly rent on this Property is $912 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Grand Junction, Colorado Average Property 1 -$839 -$4,121 $2,824 $1,246 $1,178 $288
Grand Junction, Colorado Average Property 2 -$769 -$3,675 $2,562 $1,141 $1,075 $335
Totals: -$1,609 -$7,796 $5,387 $2,387 $2,253 $622

Asset Allocation

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

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