The Real Estate Financial Planner Blueprint™
Buffalo, New York 20% DP

Purchased Buffalo, New York Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Buffalo, New York Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,542. 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 Buffalo, New York Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $82,900 purchase price that means you need to have $16,580 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($829) minus any seller concessions ($0).

Description Amount
Down Payment $16,580
Rent Ready Costs $0
Closing Costs $829
Seller Concessions $0
Total Cost To Close: $17,409

The monthly rent on this Property is $757 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Buffalo, New York Average Property 1 $1,297 $725 $1,046 $461 $645 $4,174
Buffalo, New York Average Property 2 $1,190 $718 $950 $423 $591 $3,872
Buffalo, New York Average Property 3 $1,082 $708 $855 $385 $536 $3,566
Buffalo, New York Average Property 4 $975 $694 $760 $347 $481 $3,257
Buffalo, New York Average Property 5 $867 $677 $664 $309 $426 $2,944
Buffalo, New York Average Property 6 $435 $575 $284 $155 $204 $1,653
Totals: $5,846 $4,097 $4,559 $2,082 $2,883 $19,467

Asset Allocation

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

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