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

Purchased Johnson City, Tennessee Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Johnson City, Tennessee Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,404. 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 Johnson City, Tennessee Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $165,900 purchase price that means you need to have $33,180 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,659) minus any seller concessions ($0).

Description Amount
Down Payment $33,180
Rent Ready Costs $0
Closing Costs $1,659
Seller Concessions $0
Total Cost To Close: $34,839

The monthly rent on this Property is $734 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Johnson City, Tennessee Average Property 1 $820 -$4,506 $2,093 $923 $1,033 $364
Johnson City, Tennessee Average Property 2 $752 -$4,051 $1,900 $846 $944 $391
Totals: $1,572 -$8,557 $3,993 $1,769 $1,978 $755

Asset Allocation

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

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports