The Real Estate Financial Planner Blueprint™
10 20% DP Rentals
Purchased Typical Family Home 20% DP 1 Property
Bought in Month 11
We have a Rule that has you buying the Typical Family Home 20% DP 1 Property when your Account balance in the VTSMX with CAGR of 8.97% over 1871-2017 Account reaches $10,000 (which we adjust for inflation to be worth $10,249.38 in Month 11). The following is a chart showing the balance of VTSMX with CAGR of 8.97% over 1871-2017 Account from the start of the Scenario to Month 11 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical Family Home 20% DP 1 Property, we're assuming you're getting a 20% down payment loan. With a $307,481.47 purchase price that means you need to have $61,496.29 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($3,074.81) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $61,496.29 |
Rent Ready Costs | $0 |
Closing Costs | $3,074.81 |
Seller Concessions | $0 |
Total Cost To Close: | $64,571.11 |
The monthly rent on this Property is $1,981.86 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$9,245 | $1,874 | $2,894 | $2,197 | $1,737 | $17,948 | |
Totals: | $9,245 | $1,874 | $2,894 | $2,197 | $1,737 | $17,948 |
Asset Allocation
How are assets allocated? Let's first look at this month.
Copy Scenario into my Real Estate Financial Planner™ Software AccountBlueprint™ Menu of Sections
- Introduction
- Accounts
- Properties
- Rules
- Significant Events
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports