The Real Estate Financial Planner Blueprint™
Boynton Beach, Florida 20% DP

Purchased Boynton Beach, Florida Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Boynton Beach, Florida Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $8,748. 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 Boynton Beach, Florida Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $187,100 purchase price that means you need to have $37,420 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,871) minus any seller concessions ($0).

Description Amount
Down Payment $37,420
Rent Ready Costs $0
Closing Costs $1,871
Seller Concessions $0
Total Cost To Close: $39,291

The monthly rent on this Property is $1,458 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Boynton Beach, Florida Average Property 1 -$3,490 -$1,278 $2,360 $1,041 $1,402 $35
Boynton Beach, Florida Average Property 2 -$3,197 -$1,050 $2,138 $952 $1,280 $124
Totals: -$6,687 -$2,327 $4,499 $1,993 $2,681 $160

Asset Allocation

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

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