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

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

We have a Rule that has you buying the Jackson, Tennessee Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,088. 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 Jackson, Tennessee Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $132,500 purchase price that means you need to have $26,500 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,325) minus any seller concessions ($0).

Description Amount
Down Payment $26,500
Rent Ready Costs $0
Closing Costs $1,325
Seller Concessions $0
Total Cost To Close: $27,825

The monthly rent on this Property is $848 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Jackson, Tennessee Average Property 1 $1,757 -$1,918 $1,671 $737 $892 $3,140
Jackson, Tennessee Average Property 2 $1,612 -$1,683 $1,518 $677 $816 $2,940
Jackson, Tennessee Average Property 3 $1,466 -$1,452 $1,366 $616 $740 $2,736
Totals: $4,835 -$5,053 $4,556 $2,030 $2,449 $8,816

Asset Allocation

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

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