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

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

We have a Rule that has you buying the Savannah, Georgia Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,862. 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 Savannah, Georgia Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $151,500 purchase price that means you need to have $30,300 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,515) minus any seller concessions ($0).

Description Amount
Down Payment $30,300
Rent Ready Costs $0
Closing Costs $1,515
Seller Concessions $0
Total Cost To Close: $31,815

The monthly rent on this Property is $977 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Savannah, Georgia Average Property 1 -$198 -$1,584 $1,911 $843 $1,008 $1,979
Savannah, Georgia Average Property 2 -$182 -$1,366 $1,734 $773 $921 $1,880
Savannah, Georgia Average Property 3 -$165 -$1,153 $1,558 $702 $834 $1,776
Totals: -$546 -$4,102 $5,203 $2,318 $2,762 $5,635

Asset Allocation

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

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