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

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

We have a Rule that has you buying the Portsmouth, Virginia Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,162. 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 Portsmouth, Virginia Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $171,800 purchase price that means you need to have $34,360 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,718) minus any seller concessions ($0).

Description Amount
Down Payment $34,360
Rent Ready Costs $0
Closing Costs $1,718
Seller Concessions $0
Total Cost To Close: $36,078

The monthly rent on this Property is $1,027 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Portsmouth, Virginia Average Property 1 -$1,293 -$1,742 $2,167 $956 $1,063 $1,152
Portsmouth, Virginia Average Property 2 -$1,185 -$1,503 $1,965 $875 $971 $1,124
Totals: -$2,478 -$3,245 $4,133 $1,831 $2,034 $2,275

Asset Allocation

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

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports