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

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

We have a Rule that has you buying the Kent, Washington Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $7,716. 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 Kent, Washington Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $316,400 purchase price that means you need to have $63,280 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($3,164) minus any seller concessions ($0).

Description Amount
Down Payment $63,280
Rent Ready Costs $0
Closing Costs $3,164
Seller Concessions $0
Total Cost To Close: $66,444

The monthly rent on this Property is $1,286 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Kent, Washington Average Property 1 $788 -$6,834 $3,991 $1,760 $1,742 $1,447
Totals: $788 -$6,834 $3,991 $1,760 $1,742 $1,447

Asset Allocation

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

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