The Real Estate Financial Planner Blueprint™
Columbia, Maryland 20% DP

Purchased Columbia, Maryland Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Columbia, Maryland Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $10,122. 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 Columbia, Maryland Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $372,000 purchase price that means you need to have $74,400 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($3,720) minus any seller concessions ($0).

Description Amount
Down Payment $74,400
Rent Ready Costs $0
Closing Costs $3,720
Seller Concessions $0
Total Cost To Close: $78,120

The monthly rent on this Property is $1,687 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Columbia, Maryland Average Property 1 -$1,406 -$7,246 $4,693 $2,070 $2,120 $230
Totals: -$1,406 -$7,246 $4,693 $2,070 $2,120 $230

Asset Allocation

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

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