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

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

We have a Rule that has you buying the Beaumont, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,058. 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 Beaumont, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $104,400 purchase price that means you need to have $20,880 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,044) minus any seller concessions ($0).

Description Amount
Down Payment $20,880
Rent Ready Costs $0
Closing Costs $1,044
Seller Concessions $0
Total Cost To Close: $21,924

The monthly rent on this Property is $843 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Beaumont, Texas Average Property 1 -$446 -$1,719 $1,317 $581 $915 $648
Beaumont, Texas Average Property 2 -$408 -$1,504 $1,195 $532 $837 $651
Beaumont, Texas Average Property 3 -$371 -$1,295 $1,073 $484 $759 $649
Beaumont, Texas Average Property 4 -$334 -$1,092 $952 $435 $680 $642
Totals: -$1,559 -$5,610 $4,537 $2,032 $3,191 $2,590

Asset Allocation

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

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