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

Purchased Spokane Valley, Washington Average Property 1 Property
Bought in Month 1

We have a Rule that has you buying the Spokane Valley, Washington Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,418. 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 Spokane Valley, Washington Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $188,800 purchase price that means you need to have $37,760 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,888) minus any seller concessions ($0).

Description Amount
Down Payment $37,760
Rent Ready Costs $0
Closing Costs $1,888
Seller Concessions $0
Total Cost To Close: $39,648

The monthly rent on this Property is $903 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Spokane Valley, Washington Average Property 1 $461 -$3,377 $2,382 $1,050 $1,110 $1,626
Spokane Valley, Washington Average Property 2 $422 -$3,009 $2,162 $963 $1,014 $1,553
Spokane Valley, Washington Average Property 1 $461 -$3,377 $2,382 $1,050 $1,110 $1,626
Spokane Valley, Washington Average Property 2 $422 -$3,009 $2,162 $963 $1,014 $1,553
Totals: $1,766 -$12,771 $9,087 $4,027 $4,249 $6,358

Asset Allocation

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

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