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

Purchased Gainesville, Florida Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Gainesville, Florida Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,580. 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 Gainesville, Florida Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $154,400 purchase price that means you need to have $30,880 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,544) minus any seller concessions ($0).

Description Amount
Down Payment $30,880
Rent Ready Costs $0
Closing Costs $1,544
Seller Concessions $0
Total Cost To Close: $32,424

The monthly rent on this Property is $930 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Gainesville, Florida Average Property 1 -$1,691 -$4,252 $1,948 $859 $1,088 -$2,048
Gainesville, Florida Average Property 2 -$1,549 -$3,816 $1,766 $787 $993 -$1,820
Totals: -$3,240 -$8,068 $3,714 $1,646 $2,081 -$3,868

Asset Allocation

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

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