The Real Estate Financial Planner Blueprint™
Winston-Salem, North Carolina 20% DP

Purchased Winston-Salem, North Carolina Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Winston-Salem, North Carolina Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,692. 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 Winston-Salem, North Carolina Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $144,400 purchase price that means you need to have $28,880 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,444) minus any seller concessions ($0).

Description Amount
Down Payment $28,880
Rent Ready Costs $0
Closing Costs $1,444
Seller Concessions $0
Total Cost To Close: $30,324

The monthly rent on this Property is $782 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Winston-Salem, North Carolina Average Property 1 $179 -$2,484 $1,822 $803 $881 $1,201
Winston-Salem, North Carolina Average Property 2 $164 -$2,206 $1,653 $737 $805 $1,153
Winston-Salem, North Carolina Average Property 3 $149 -$1,932 $1,486 $670 $728 $1,101
Totals: $492 -$6,621 $4,960 $2,210 $2,414 $3,455

Asset Allocation

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

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