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

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

We have a Rule that has you buying the North Las Vegas, Nevada Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $7,008. 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 North Las Vegas, Nevada Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $208,100 purchase price that means you need to have $41,620 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,081) minus any seller concessions ($0).

Description Amount
Down Payment $41,620
Rent Ready Costs $0
Closing Costs $2,081
Seller Concessions $0
Total Cost To Close: $43,701

The monthly rent on this Property is $1,168 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
North Las Vegas, Nevada Average Property 1 -$3,352 -$1,208 $2,625 $1,158 $1,159 $382
North Las Vegas, Nevada Average Property 2 -$3,071 -$1,004 $2,379 $1,060 $1,057 $420
Totals: -$6,424 -$2,212 $5,004 $2,217 $2,216 $802

Asset Allocation

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

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