The Real Estate Financial Planner Blueprint™
Las Vegas, Nevada 20% DP

Purchased Las Vegas, Nevada Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Las Vegas, Nevada Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,342. 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 Las Vegas, Nevada Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $234,700 purchase price that means you need to have $46,940 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,347) minus any seller concessions ($0).

Description Amount
Down Payment $46,940
Rent Ready Costs $0
Closing Costs $2,347
Seller Concessions $0
Total Cost To Close: $49,287

The monthly rent on this Property is $1,057 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Las Vegas, Nevada Average Property 1 -$2,444 -$3,638 $2,961 $1,306 $1,247 -$568
Las Vegas, Nevada Average Property 2 -$1,015 -$874 $1,057 $541 $477 $186
Totals: -$3,459 -$4,512 $4,018 $1,847 $1,724 -$382

Asset Allocation

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

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