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

Purchased Spokane Valley, Washington Average Property 2 Property
Bought in Month 2

We have a Rule that has you buying the Spokane Valley, Washington Average Property 2 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,418 (which we adjust for inflation to be worth $5,418 in Month 2). The following is a chart showing the balance of Starting with $100K, Earning 7%/year Account from the start of the Scenario to Month 2 after we've adjusted for all the income and expenses for the entire month.

To purchase the Spokane Valley, Washington Average Property 2 Property, we're assuming you're getting a 20% down payment loan. With a $188,838.35 purchase price that means you need to have $37,767.67 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,888.38) minus any seller concessions ($0).

Description Amount
Down Payment $37,767.67
Rent Ready Costs $0
Closing Costs $1,888.38
Seller Concessions $0
Total Cost To Close: $39,656.05

The monthly rent on this Property is $905.87 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 -$4,085 $2,603 $1,050 $1,170 $1,198
Spokane Valley, Washington Average Property 2 $461 -$3,331 $2,382 $1,051 $1,112 $1,674
Spokane Valley, Washington Average Property 1 $461 -$4,085 $2,603 $1,050 $1,170 $1,198
Spokane Valley, Washington Average Property 2 $461 -$3,331 $2,382 $1,051 $1,112 $1,674
Totals: $1,843 -$14,833 $9,969 $4,202 $4,564 $5,745

Asset Allocation

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

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