The Real Estate Financial Planner Blueprint™
Avondale, Arizona 20% DP
Purchased Avondale, Arizona Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Avondale, Arizona Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,822. 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 Avondale, Arizona Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $196,000 purchase price that means you need to have $39,200 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,960) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $39,200 |
Rent Ready Costs | $0 |
Closing Costs | $1,960 |
Seller Concessions | $0 |
Total Cost To Close: | $41,160 |
The monthly rent on this Property is $1,137 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$1,923 | -$974 | $2,472 | $1,090 | $1,131 | $1,797 | |
-$1,762 | -$803 | $2,242 | $999 | $1,032 | $1,707 | |
Totals: | -$3,686 | -$1,777 | $4,714 | $2,089 | $2,163 | $3,504 |
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
- Paid Off Mortgage
- Final Month Summary
Reports