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

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

We have a Rule that has you buying the Amarillo, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,034. 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 Amarillo, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $127,200 purchase price that means you need to have $25,440 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,272) minus any seller concessions ($0).

Description Amount
Down Payment $25,440
Rent Ready Costs $0
Closing Costs $1,272
Seller Concessions $0
Total Cost To Close: $26,712

The monthly rent on this Property is $839 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Amarillo, Texas Average Property 1 $1,673 -$3,185 $1,605 $708 $994 $1,795
Amarillo, Texas Average Property 2 $1,534 -$2,856 $1,458 $650 $910 $1,696
Amarillo, Texas Average Property 3 $1,396 -$2,530 $1,311 $591 $825 $1,593
Totals: $4,603 -$8,571 $4,373 $1,948 $2,730 $5,084

Asset Allocation

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

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