The Real Estate Financial Planner Blueprint™
Bellingham, Washington 20% DP

Purchased Bellingham, Washington Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Bellingham, Washington Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,994. 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 Bellingham, Washington Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $347,100 purchase price that means you need to have $69,420 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($3,471) minus any seller concessions ($0).

Description Amount
Down Payment $69,420
Rent Ready Costs $0
Closing Costs $3,471
Seller Concessions $0
Total Cost To Close: $72,891

The monthly rent on this Property is $999 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Bellingham, Washington Average Property 1 $3,901 -$10,097 $4,379 $1,931 $1,737 $1,851
Totals: $3,901 -$10,097 $4,379 $1,931 $1,737 $1,851

Asset Allocation

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

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