The Real Estate Financial Planner Blueprint™
Albany, Georgia 20% DP

Purchased Albany, Georgia Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Albany, Georgia Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,326. 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 Albany, Georgia Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $101,100 purchase price that means you need to have $20,220 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,011) minus any seller concessions ($0).

Description Amount
Down Payment $20,220
Rent Ready Costs $0
Closing Costs $1,011
Seller Concessions $0
Total Cost To Close: $21,231

The monthly rent on this Property is $721 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Albany, Georgia Average Property 1 -$562 -$1,111 $1,275 $562 $733 $898
Albany, Georgia Average Property 2 -$515 -$952 $1,157 $515 $670 $875
Albany, Georgia Average Property 3 -$468 -$799 $1,039 $468 $607 $848
Albany, Georgia Average Property 4 -$421 -$650 $921 $421 $544 $816
Totals: -$1,966 -$3,512 $4,392 $1,967 $2,555 $3,437

Asset Allocation

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

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