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

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

We have a Rule that has you buying the Pittsburgh, Pennsylvania Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,532. 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 Pittsburgh, Pennsylvania Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $116,300 purchase price that means you need to have $23,260 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,163) minus any seller concessions ($0).

Description Amount
Down Payment $23,260
Rent Ready Costs $0
Closing Costs $1,163
Seller Concessions $0
Total Cost To Close: $24,423

The monthly rent on this Property is $922 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Pittsburgh, Pennsylvania Average Property 1 $2,974 $137 $1,467 $647 $841 $6,066
Pittsburgh, Pennsylvania Average Property 2 $2,729 $189 $1,334 $595 $771 $5,617
Pittsburgh, Pennsylvania Average Property 3 $2,483 $238 $1,201 $542 $699 $5,163
Pittsburgh, Pennsylvania Average Property 4 $2,237 $284 $1,068 $489 $628 $4,706
Totals: $10,423 $848 $5,071 $2,272 $2,939 $21,553

Asset Allocation

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

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