The Real Estate Financial Planner Blueprint™
Rio Rancho, New Mexico 20% DP

Purchased Rio Rancho, New Mexico Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Rio Rancho, New Mexico Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,636. 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 Rio Rancho, New Mexico Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $184,600 purchase price that means you need to have $36,920 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,846) minus any seller concessions ($0).

Description Amount
Down Payment $36,920
Rent Ready Costs $0
Closing Costs $1,846
Seller Concessions $0
Total Cost To Close: $38,766

The monthly rent on this Property is $1,106 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Rio Rancho, New Mexico Average Property 1 $680 -$2,033 $2,329 $1,027 $1,162 $3,164
Rio Rancho, New Mexico Average Property 2 $623 -$1,779 $2,114 $942 $1,062 $2,962
Totals: $1,303 -$3,812 $4,443 $1,969 $2,224 $6,127

Asset Allocation

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

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