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

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

We have a Rule that has you buying the Hialeah, Florida Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,702. 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 Hialeah, Florida Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $203,700 purchase price that means you need to have $40,740 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,037) minus any seller concessions ($0).

Description Amount
Down Payment $40,740
Rent Ready Costs $0
Closing Costs $2,037
Seller Concessions $0
Total Cost To Close: $42,777

The monthly rent on this Property is $1,117 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Hialeah, Florida Average Property 1 -$1,966 -$4,334 $2,570 $1,133 $1,385 -$1,212
Hialeah, Florida Average Property 2 -$1,802 -$3,865 $2,330 $1,038 $1,265 -$1,033
Totals: -$3,768 -$8,199 $4,900 $2,171 $2,650 -$2,246

Asset Allocation

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

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