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

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

We have a Rule that has you buying the Syracuse, New York Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,758. 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 Syracuse, New York Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $93,200 purchase price that means you need to have $18,640 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($932) minus any seller concessions ($0).

Description Amount
Down Payment $18,640
Rent Ready Costs $0
Closing Costs $932
Seller Concessions $0
Total Cost To Close: $19,572

The monthly rent on this Property is $793 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Syracuse, New York Average Property 1 $910 -$1,052 $1,176 $519 $785 $2,338
Syracuse, New York Average Property 2 $835 -$914 $1,068 $476 $719 $2,183
Syracuse, New York Average Property 3 $759 -$778 $960 $433 $652 $2,026
Syracuse, New York Average Property 4 $684 -$644 $853 $390 $585 $1,867
Syracuse, New York Average Property 5 $608 -$514 $745 $347 $518 $1,704
Totals: $3,796 -$3,901 $4,802 $2,164 $3,259 $10,119

Asset Allocation

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

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