The Real Estate Financial Planner Blueprint™
Wilmington, Delaware 20% DP

Purchased Wilmington, Delaware Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Wilmington, Delaware Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,844. 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 Wilmington, Delaware Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $169,400 purchase price that means you need to have $33,880 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,694) minus any seller concessions ($0).

Description Amount
Down Payment $33,880
Rent Ready Costs $0
Closing Costs $1,694
Seller Concessions $0
Total Cost To Close: $35,574

The monthly rent on this Property is $974 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Wilmington, Delaware Average Property 1 -$1,730 -$1,638 $2,137 $942 $986 $698
Wilmington, Delaware Average Property 2 -$1,585 -$1,410 $1,938 $863 $900 $706
Totals: -$3,315 -$3,048 $4,075 $1,806 $1,887 $1,404

Asset Allocation

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

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