The Real Estate Financial Planner Blueprint™
Cape Coral, Florida 20% DP

Purchased Cape Coral, Florida Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Cape Coral, Florida Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $7,032. 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 Cape Coral, Florida Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $214,700 purchase price that means you need to have $42,940 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,147) minus any seller concessions ($0).

Description Amount
Down Payment $42,940
Rent Ready Costs $0
Closing Costs $2,147
Seller Concessions $0
Total Cost To Close: $45,087

The monthly rent on this Property is $1,172 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Cape Coral, Florida Average Property 1 -$700 -$5,104 $2,708 $1,194 $1,476 -$425
Cape Coral, Florida Average Property 2 -$641 -$4,574 $2,457 $1,095 $1,348 -$316
Totals: -$1,341 -$9,679 $5,166 $2,289 $2,824 -$741

Asset Allocation

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

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