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

Purchased Spokane Valley, Washington Average Property 8 Property
Bought in Month 222

We have a Rule that has you buying the Spokane Valley, Washington Average Property 8 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 $8,378.92 in Month 222). The following is a chart showing the balance of Starting with $100K, Earning 7%/year Account from the start of the Scenario to Month 222 after we've adjusted for all the income and expenses for the entire month.

To purchase the Spokane Valley, Washington Average Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $197,466.74 purchase price that means you need to have $39,493.35 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($1,974.67) minus any seller concessions ($0).

Description Amount
Down Payment $39,493.35
Rent Ready Costs $0
Closing Costs $1,974.67
Seller Concessions $0
Total Cost To Close: $41,468.02

The monthly rent on this Property is $1,820.66 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 $482 $3,397 $5,537 $1,050 $1,422 $11,889
Spokane Valley, Washington Average Property 2 $482 $3,444 $5,519 $1,051 $1,424 $11,920
Spokane Valley, Washington Average Property 3 $482 $3,454 $4,332 $1,067 $1,440 $10,775
Spokane Valley, Washington Average Property 4 $482 $3,486 $3,535 $1,080 $1,453 $10,037
Spokane Valley, Washington Average Property 5 $482 $3,185 $3,198 $1,087 $1,450 $9,403
Spokane Valley, Washington Average Property 6 $482 $3,048 $2,979 $1,092 $1,450 $9,051
Spokane Valley, Washington Average Property 7 $482 $3,259 $2,820 $1,096 $1,461 $9,117
Spokane Valley, Washington Average Property 8 $482 $4,000 $2,491 $1,099 $1,401 $9,473
Spokane Valley, Washington Average Property 9 $40 $1,047 $0 $92 $61 $1,240
Spokane Valley, Washington Average Property 1 $482 $3,397 $5,537 $1,050 $1,422 $11,889
Spokane Valley, Washington Average Property 2 $482 $3,444 $5,519 $1,051 $1,424 $11,920
Spokane Valley, Washington Average Property 3 $482 $3,454 $4,332 $1,067 $1,440 $10,775
Spokane Valley, Washington Average Property 4 $482 $3,486 $3,535 $1,080 $1,453 $10,037
Spokane Valley, Washington Average Property 5 $482 $3,185 $3,198 $1,087 $1,450 $9,403
Spokane Valley, Washington Average Property 6 $482 $3,048 $2,979 $1,092 $1,450 $9,051
Spokane Valley, Washington Average Property 7 $482 $3,259 $2,820 $1,096 $1,461 $9,117
Spokane Valley, Washington Average Property 8 $482 $4,000 $2,491 $1,099 $1,401 $9,473
Spokane Valley, Washington Average Property 9 $40 $1,047 $0 $92 $61 $1,240
Totals: $7,791 $56,639 $60,823 $17,429 $23,126 $165,808

Asset Allocation

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

And how have they looked over time up to this month?

Phases of Financial Independence™

With a Minimum Target Monthly Income in Retirement™ of $5,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

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