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

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

We have a Rule that has you buying the Greensboro, North Carolina Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,076. 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 Greensboro, North Carolina Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $152,900 purchase price that means you need to have $30,580 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,529) minus any seller concessions ($0).

Description Amount
Down Payment $30,580
Rent Ready Costs $0
Closing Costs $1,529
Seller Concessions $0
Total Cost To Close: $32,109

The monthly rent on this Property is $846 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Greensboro, North Carolina Average Property 1 $612 -$2,544 $1,929 $851 $948 $1,795
Greensboro, North Carolina Average Property 2 $561 -$2,261 $1,751 $780 $866 $1,697
Greensboro, North Carolina Average Property 3 $510 -$1,980 $1,574 $709 $784 $1,597
Totals: $1,683 -$6,785 $5,253 $2,340 $2,598 $5,089

Asset Allocation

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

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