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

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

We have a Rule that has you buying the Conroe, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,108. 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 Conroe, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $177,700 purchase price that means you need to have $35,540 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,777) minus any seller concessions ($0).

Description Amount
Down Payment $35,540
Rent Ready Costs $0
Closing Costs $1,777
Seller Concessions $0
Total Cost To Close: $37,317

The monthly rent on this Property is $1,018 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Conroe, Texas Average Property 1 $5,705 -$5,444 $2,242 $989 $1,361 $4,853
Conroe, Texas Average Property 2 $5,237 -$4,921 $2,040 $909 $1,247 $4,511
Totals: $10,942 -$10,365 $4,281 $1,898 $2,607 $9,363

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