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

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

We have a Rule that has you buying the Dallas, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,922. 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 Dallas, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $169,400 purchase price that means you need to have $33,880 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,694) minus any seller concessions ($0).

Description Amount
Down Payment $33,880
Rent Ready Costs $0
Closing Costs $1,694
Seller Concessions $0
Total Cost To Close: $35,574

The monthly rent on this Property is $987 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Dallas, Texas Average Property 1 $3,291 -$5,511 $2,137 $942 $1,327 $2,187
Dallas, Texas Average Property 2 $3,019 -$4,979 $1,942 $866 $1,215 $2,063
Totals: $6,311 -$10,490 $4,079 $1,808 $2,542 $4,250

Asset Allocation

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

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