The Real Estate Financial Planner Blueprint™
Athens-Clarke County, Georgia 20% DP

Purchased Athens-Clarke County, Georgia Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Athens-Clarke County, Georgia Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,064. 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 Athens-Clarke County, Georgia Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $164,100 purchase price that means you need to have $32,820 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,641) minus any seller concessions ($0).

Description Amount
Down Payment $32,820
Rent Ready Costs $0
Closing Costs $1,641
Seller Concessions $0
Total Cost To Close: $34,461

The monthly rent on this Property is $844 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Athens-Clarke County, Georgia Average Property 1 $336 -$3,310 $2,070 $913 $1,037 $1,046
Athens-Clarke County, Georgia Average Property 2 $308 -$2,956 $1,879 $837 $947 $1,016
Totals: $645 -$6,266 $3,949 $1,750 $1,984 $2,062

Asset Allocation

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

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