The Real Estate Financial Planner Blueprint™
Nashville-Davidson, Tennessee 20% DP

Purchased Nashville-Davidson, Tennessee Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Nashville-Davidson, Tennessee Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,198. 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 Nashville-Davidson, Tennessee Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $216,500 purchase price that means you need to have $43,300 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,165) minus any seller concessions ($0).

Description Amount
Down Payment $43,300
Rent Ready Costs $0
Closing Costs $2,165
Seller Concessions $0
Total Cost To Close: $45,465

The monthly rent on this Property is $1,033 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Nashville-Davidson, Tennessee Average Property 1 $6,877 -$4,915 $2,731 $1,205 $1,340 $7,238
Nashville-Davidson, Tennessee Average Property 2 $6,312 -$4,423 $2,485 $1,107 $1,227 $6,708
Totals: $13,189 -$9,338 $5,216 $2,312 $2,566 $13,946

Asset Allocation

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

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