The Real Estate Financial Planner Blueprint™
Asheville, North Carolina 20% DP

Purchased Asheville, North Carolina Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Asheville, North Carolina Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,006. 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 Asheville, North Carolina Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $242,500 purchase price that means you need to have $48,500 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,425) minus any seller concessions ($0).

Description Amount
Down Payment $48,500
Rent Ready Costs $0
Closing Costs $2,425
Seller Concessions $0
Total Cost To Close: $50,925

The monthly rent on this Property is $1,001 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Asheville, North Carolina Average Property 1 $5,242 -$5,153 $3,059 $1,349 $1,344 $5,841
Totals: $5,242 -$5,153 $3,059 $1,349 $1,344 $5,841

Asset Allocation

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

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports