The Real Estate Financial Planner Blueprint™
Franklin, Tennessee 20% DP

Purchased Franklin, Tennessee Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Franklin, Tennessee Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $8,568. 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 Franklin, Tennessee Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $385,500 purchase price that means you need to have $77,100 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($3,855) minus any seller concessions ($0).

Description Amount
Down Payment $77,100
Rent Ready Costs $0
Closing Costs $3,855
Seller Concessions $0
Total Cost To Close: $80,955

The monthly rent on this Property is $1,428 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Franklin, Tennessee Average Property 1 $8,793 -$10,921 $4,863 $2,145 $2,200 $7,079
Totals: $8,793 -$10,921 $4,863 $2,145 $2,200 $7,079

Asset Allocation

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

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