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

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

We have a Rule that has you buying the Lynchburg, Virginia Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,058. 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 Lynchburg, Virginia Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $158,800 purchase price that means you need to have $31,760 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,588) minus any seller concessions ($0).

Description Amount
Down Payment $31,760
Rent Ready Costs $0
Closing Costs $1,588
Seller Concessions $0
Total Cost To Close: $33,348

The monthly rent on this Property is $843 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Lynchburg, Virginia Average Property 1 $1,320 -$1,964 $2,003 $884 $931 $3,174
Lynchburg, Virginia Average Property 2 $1,211 -$1,718 $1,819 $811 $851 $2,974
Lynchburg, Virginia Average Property 3 $331 $8 $361 $222 $198 $1,120
Totals: $2,862 -$3,674 $4,183 $1,916 $1,980 $7,268

Asset Allocation

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

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