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

Purchased Fort Worth, Texas Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Fort Worth, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,090. 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 Fort Worth, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $154,300 purchase price that means you need to have $30,860 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,543) minus any seller concessions ($0).

Description Amount
Down Payment $30,860
Rent Ready Costs $0
Closing Costs $1,543
Seller Concessions $0
Total Cost To Close: $32,403

The monthly rent on this Property is $1,015 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Fort Worth, Texas Average Property 1 $2,756 -$4,523 $1,946 $858 $1,258 $2,296
Fort Worth, Texas Average Property 2 $2,529 -$4,069 $1,769 $788 $1,152 $2,168
Totals: $5,285 -$8,593 $3,715 $1,647 $2,410 $4,465

Asset Allocation

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

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