The Real Estate Financial Planner Blueprint™
Provo, Utah 20% DP

Purchased Provo, Utah Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Provo, Utah Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,064. 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 Provo, Utah Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $247,100 purchase price that means you need to have $49,420 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($2,471) minus any seller concessions ($0).

Description Amount
Down Payment $49,420
Rent Ready Costs $0
Closing Costs $2,471
Seller Concessions $0
Total Cost To Close: $51,891

The monthly rent on this Property is $844 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Provo, Utah Average Property 1 $4,275 -$5,533 $3,117 $1,375 $1,227 $4,462
Totals: $4,275 -$5,533 $3,117 $1,375 $1,227 $4,462

Asset Allocation

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

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