The Real Estate Financial Planner Blueprint™
Hampton, Virginia 20% DP

Purchased Hampton, Virginia Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Hampton, Virginia Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,600. 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 Hampton, Virginia Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $186,400 purchase price that means you need to have $37,280 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,864) minus any seller concessions ($0).

Description Amount
Down Payment $37,280
Rent Ready Costs $0
Closing Costs $1,864
Seller Concessions $0
Total Cost To Close: $39,144

The monthly rent on this Property is $1,100 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Hampton, Virginia Average Property 1 -$1,235 -$1,744 $2,351 $1,037 $1,123 $1,532
Hampton, Virginia Average Property 2 -$1,132 -$1,498 $2,133 $950 $1,026 $1,479
Totals: -$2,367 -$3,242 $4,484 $1,987 $2,149 $3,011

Asset Allocation

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

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