The Real Estate Financial Planner Blueprint™
Casas Adobes, Arizona 20% DP
Purchased Casas Adobes, Arizona Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Casas Adobes, Arizona Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,522. 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 Casas Adobes, Arizona Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $192,500 purchase price that means you need to have $38,500 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,925) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $38,500 |
Rent Ready Costs | $0 |
Closing Costs | $1,925 |
Seller Concessions | $0 |
Total Cost To Close: | $40,425 |
The monthly rent on this Property is $1,087 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$3,387 | -$1,819 | $2,428 | $1,071 | $1,154 | -$553 | |
-$3,103 | -$1,559 | $2,201 | $980 | $1,053 | -$429 | |
Totals: | -$6,490 | -$3,378 | $4,629 | $2,051 | $2,207 | -$981 |
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