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

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

We have a Rule that has you buying the Cheektowaga, New York Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,950. 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 Cheektowaga, New York Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $109,400 purchase price that means you need to have $21,880 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,094) minus any seller concessions ($0).

Description Amount
Down Payment $21,880
Rent Ready Costs $0
Closing Costs $1,094
Seller Concessions $0
Total Cost To Close: $22,974

The monthly rent on this Property is $825 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Cheektowaga, New York Average Property 1 $1,423 -$2,053 $1,380 $609 $929 $2,288
Cheektowaga, New York Average Property 2 $1,305 -$1,830 $1,254 $559 $851 $2,137
Cheektowaga, New York Average Property 3 $1,187 -$1,609 $1,128 $508 $772 $1,985
Cheektowaga, New York Average Property 4 $1,069 -$1,390 $1,002 $458 $692 $1,831
Totals: $4,982 -$6,883 $4,763 $2,134 $3,244 $8,241

Asset Allocation

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

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