The Real Estate Financial Planner Blueprint™
Abilene, Texas 20% DP

Purchased Abilene, Texas Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Abilene, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,472. 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 Abilene, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $114,000 purchase price that means you need to have $22,800 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,140) minus any seller concessions ($0).

Description Amount
Down Payment $22,800
Rent Ready Costs $0
Closing Costs $1,140
Seller Concessions $0
Total Cost To Close: $23,940

The monthly rent on this Property is $912 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Abilene, Texas Average Property 1 $1,687 -$1,502 $1,438 $634 $945 $3,202
Abilene, Texas Average Property 2 $1,547 -$1,306 $1,307 $582 $866 $2,996
Abilene, Texas Average Property 3 $1,407 -$1,114 $1,175 $530 $786 $2,785
Abilene, Texas Average Property 4 $1,267 -$926 $1,044 $478 $706 $2,569
Totals: $5,909 -$4,848 $4,964 $2,224 $3,303 $11,552

Asset Allocation

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

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