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

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

We have a Rule that has you buying the Edinburg, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,518. 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 Edinburg, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $113,300 purchase price that means you need to have $22,660 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,133) minus any seller concessions ($0).

Description Amount
Down Payment $22,660
Rent Ready Costs $0
Closing Costs $1,133
Seller Concessions $0
Total Cost To Close: $23,793

The monthly rent on this Property is $753 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Edinburg, Texas Average Property 1 $782 -$3,685 $1,429 $630 $974 $131
Edinburg, Texas Average Property 2 $717 -$3,319 $1,298 $578 $892 $166
Edinburg, Texas Average Property 3 $652 -$2,956 $1,167 $526 $808 $197
Edinburg, Texas Average Property 4 $587 -$2,596 $1,036 $474 $725 $226
Totals: $2,739 -$12,556 $4,930 $2,208 $3,400 $721

Asset Allocation

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

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