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

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

We have a Rule that has you buying the Roanoke, Virginia Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,794. 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 Roanoke, Virginia Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $133,200 purchase price that means you need to have $26,640 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,332) minus any seller concessions ($0).

Description Amount
Down Payment $26,640
Rent Ready Costs $0
Closing Costs $1,332
Seller Concessions $0
Total Cost To Close: $27,972

The monthly rent on this Property is $799 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Roanoke, Virginia Average Property 1 $269 -$1,243 $1,680 $741 $808 $2,256
Roanoke, Virginia Average Property 2 $247 -$1,068 $1,525 $679 $739 $2,121
Roanoke, Virginia Average Property 3 $224 -$898 $1,371 $618 $669 $1,984
Totals: $740 -$3,209 $4,576 $2,038 $2,216 $6,361

Asset Allocation

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

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