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

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

We have a Rule that has you buying the Jacksonville, Florida Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,174. 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 Jacksonville, Florida Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $160,900 purchase price that means you need to have $32,180 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,609) minus any seller concessions ($0).

Description Amount
Down Payment $32,180
Rent Ready Costs $0
Closing Costs $1,609
Seller Concessions $0
Total Cost To Close: $33,789

The monthly rent on this Property is $1,029 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Jacksonville, Florida Average Property 1 -$1,961 -$2,785 $2,030 $895 $1,151 -$670
Jacksonville, Florida Average Property 2 -$1,797 -$2,458 $1,840 $820 $1,051 -$545
Totals: -$3,758 -$5,243 $3,870 $1,715 $2,201 -$1,215

Asset Allocation

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

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