The Real Estate Financial Planner Blueprint™
Jonesboro, Arkansas 20% DP
Purchased Jonesboro, Arkansas Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Jonesboro, Arkansas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,548. 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 Jonesboro, Arkansas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $152,200 purchase price that means you need to have $30,440 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,522) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $30,440 |
Rent Ready Costs | $0 |
Closing Costs | $1,522 |
Seller Concessions | $0 |
Total Cost To Close: | $31,962 |
The monthly rent on this Property is $758 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$2,508 | -$4,692 | $1,920 | $847 | $1,078 | $1,661 | |
$2,301 | -$4,235 | $1,745 | $777 | $987 | $1,575 | |
$2,093 | -$3,779 | $1,570 | $708 | $895 | $1,486 | |
Totals: | $6,902 | -$12,707 | $5,234 | $2,332 | $2,960 | $4,722 |
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
- Final Month Summary
Reports