The Real Estate Financial Planner Blueprint™
Philadelphia, Pennsylvania 20% DP

Purchased Philadelphia, Pennsylvania Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Philadelphia, Pennsylvania Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,042. 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 Philadelphia, Pennsylvania Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $156,800 purchase price that means you need to have $31,360 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,568) minus any seller concessions ($0).

Description Amount
Down Payment $31,360
Rent Ready Costs $0
Closing Costs $1,568
Seller Concessions $0
Total Cost To Close: $32,928

The monthly rent on this Property is $1,007 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Philadelphia, Pennsylvania Average Property 1 $157 -$1,044 $1,978 $872 $996 $2,958
Philadelphia, Pennsylvania Average Property 2 $144 -$869 $1,795 $800 $910 $2,779
Philadelphia, Pennsylvania Average Property 3 $78 -$70 $890 $436 $478 $1,813
Totals: $379 -$1,984 $4,663 $2,109 $2,383 $7,551

Asset Allocation

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

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