The Real Estate Financial Planner Blueprint™
Tucson, Arizona 20% DP
Purchased Tucson, Arizona Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Tucson, Arizona Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,950. 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 Tucson, Arizona Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $146,500 purchase price that means you need to have $29,300 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,465) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $29,300 |
Rent Ready Costs | $0 |
Closing Costs | $1,465 |
Seller Concessions | $0 |
Total Cost To Close: | $30,765 |
The monthly rent on this Property is $825 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$3,247 | -$1,758 | $1,848 | $815 | $882 | -$1,459 | |
-$2,973 | -$1,527 | $1,674 | $745 | $805 | -$1,276 | |
-$2,701 | -$1,302 | $1,501 | $677 | $727 | -$1,098 | |
Totals: | -$8,921 | -$4,587 | $5,023 | $2,237 | $2,414 | -$3,834 |
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
- Paid Off Mortgage
- Final Month Summary
Reports