The Real Estate Financial Planner Blueprint™
Gulfport, Mississippi 20% DP

Purchased Gulfport, Mississippi Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Gulfport, Mississippi Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,058. 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 Gulfport, Mississippi Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $120,600 purchase price that means you need to have $24,120 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,206) minus any seller concessions ($0).

Description Amount
Down Payment $24,120
Rent Ready Costs $0
Closing Costs $1,206
Seller Concessions $0
Total Cost To Close: $25,326

The monthly rent on this Property is $843 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Gulfport, Mississippi Average Property 1 -$1,403 -$2,678 $1,521 $671 $946 -$942
Gulfport, Mississippi Average Property 2 -$1,285 -$2,392 $1,379 $614 $864 -$820
Gulfport, Mississippi Average Property 3 -$1,168 -$2,110 $1,238 $558 $782 -$700
Totals: -$3,855 -$7,179 $4,139 $1,843 $2,591 -$2,462

Asset Allocation

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

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