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

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

We have a Rule that has you buying the Wilmington, North Carolina Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,610. 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 Wilmington, North Carolina Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $237,700 purchase price that means you need to have $47,540 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,377) minus any seller concessions ($0).

Description Amount
Down Payment $47,540
Rent Ready Costs $0
Closing Costs $2,377
Seller Concessions $0
Total Cost To Close: $49,917

The monthly rent on this Property is $935 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Wilmington, North Carolina Average Property 1 -$537 -$5,752 $2,998 $1,323 $1,313 -$655
Totals: -$537 -$5,752 $2,998 $1,323 $1,313 -$655

Asset Allocation

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

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