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

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

We have a Rule that has you buying the Denton, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,276. 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 Denton, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $196,900 purchase price that means you need to have $39,380 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,969) minus any seller concessions ($0).

Description Amount
Down Payment $39,380
Rent Ready Costs $0
Closing Costs $1,969
Seller Concessions $0
Total Cost To Close: $41,349

The monthly rent on this Property is $1,046 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Denton, Texas Average Property 1 $6,193 -$6,689 $2,484 $1,095 $1,484 $4,568
Denton, Texas Average Property 2 $5,684 -$6,060 $2,260 $1,007 $1,359 $4,251
Totals: $11,878 -$12,749 $4,744 $2,103 $2,844 $8,819

Asset Allocation

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

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