The Real Estate Financial Planner Blueprint™
North Little Rock, Arkansas 20% DP
Purchased North Little Rock, Arkansas Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the North Little Rock, Arkansas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,022. 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 North Little Rock, Arkansas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $131,700 purchase price that means you need to have $26,340 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,317) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $26,340 |
Rent Ready Costs | $0 |
Closing Costs | $1,317 |
Seller Concessions | $0 |
Total Cost To Close: | $27,657 |
The monthly rent on this Property is $837 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$1,125 | -$3,513 | $1,661 | $733 | $974 | $980 | |
$1,032 | -$3,154 | $1,509 | $672 | $890 | $950 | |
$939 | -$2,798 | $1,357 | $612 | $807 | $916 | |
Totals: | $3,096 | -$9,464 | $4,527 | $2,017 | $2,671 | $2,846 |
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