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

Purchased El Paso, Texas Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the El Paso, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,884. 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 El Paso, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $123,900 purchase price that means you need to have $24,780 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,239) minus any seller concessions ($0).

Description Amount
Down Payment $24,780
Rent Ready Costs $0
Closing Costs $1,239
Seller Concessions $0
Total Cost To Close: $26,019

The monthly rent on this Property is $814 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
El Paso, Texas Average Property 1 $545 -$3,982 $1,563 $689 $1,027 -$157
El Paso, Texas Average Property 2 $500 -$3,583 $1,419 $632 $940 -$92
El Paso, Texas Average Property 3 $455 -$3,188 $1,275 $575 $852 -$31
Totals: $1,500 -$10,753 $4,257 $1,896 $2,820 -$280

Asset Allocation

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

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