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

Purchased Paradise, Nevada Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Paradise, Nevada Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,652. 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 Paradise, Nevada Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $217,000 purchase price that means you need to have $43,400 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,170) minus any seller concessions ($0).

Description Amount
Down Payment $43,400
Rent Ready Costs $0
Closing Costs $2,170
Seller Concessions $0
Total Cost To Close: $45,570

The monthly rent on this Property is $942 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Paradise, Nevada Average Property 1 -$3,429 -$4,564 $2,737 $1,207 $1,110 -$2,938
Paradise, Nevada Average Property 2 -$3,141 -$4,088 $2,481 $1,105 $1,011 -$2,632
Totals: -$6,570 -$8,651 $5,218 $2,312 $2,121 -$5,569

Asset Allocation

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

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