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

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

We have a Rule that has you buying the Reading, Pennsylvania Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,782. 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 Reading, Pennsylvania Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $70,800 purchase price that means you need to have $14,160 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($708) minus any seller concessions ($0).

Description Amount
Down Payment $14,160
Rent Ready Costs $0
Closing Costs $708
Seller Concessions $0
Total Cost To Close: $14,868

The monthly rent on this Property is $797 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Reading, Pennsylvania Average Property 1 -$11 $954 $893 $394 $611 $2,841
Reading, Pennsylvania Average Property 2 -$10 $925 $810 $361 $559 $2,645
Reading, Pennsylvania Average Property 3 -$9 $891 $728 $328 $507 $2,446
Reading, Pennsylvania Average Property 4 -$8 $854 $646 $295 $455 $2,243
Reading, Pennsylvania Average Property 5 -$8 $814 $564 $263 $403 $2,036
Reading, Pennsylvania Average Property 6 -$7 $769 $483 $230 $350 $1,825
Reading, Pennsylvania Average Property 7 -$6 $720 $402 $197 $298 $1,611
Totals: -$59 $5,928 $4,527 $2,068 $3,184 $15,647

Asset Allocation

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

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