The Real Estate Financial Planner Blueprint™
Meridian, Idaho 20% DP

Purchased Meridian, Idaho Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Meridian, Idaho Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,270. 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 Meridian, Idaho Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $242,000 purchase price that means you need to have $48,400 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,420) minus any seller concessions ($0).

Description Amount
Down Payment $48,400
Rent Ready Costs $0
Closing Costs $2,420
Seller Concessions $0
Total Cost To Close: $50,820

The monthly rent on this Property is $1,045 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Meridian, Idaho Average Property 1 $2,652 -$4,229 $3,053 $1,346 $1,307 $4,129
Totals: $2,652 -$4,229 $3,053 $1,346 $1,307 $4,129

Asset Allocation

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

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