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

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

We have a Rule that has you buying the Cary, North Carolina Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $7,194. 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 Cary, North Carolina Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $337,700 purchase price that means you need to have $67,540 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($3,377) minus any seller concessions ($0).

Description Amount
Down Payment $67,540
Rent Ready Costs $0
Closing Costs $3,377
Seller Concessions $0
Total Cost To Close: $70,917

The monthly rent on this Property is $1,199 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Cary, North Carolina Average Property 1 $5,169 -$8,929 $4,260 $1,879 $1,824 $4,203
Totals: $5,169 -$8,929 $4,260 $1,879 $1,824 $4,203

Asset Allocation

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

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