The Real Estate Financial Planner Blueprint™
Springdale, Arkansas 20% DP
Purchased Springdale, Arkansas Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Springdale, Arkansas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,572. 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 Springdale, Arkansas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $146,400 purchase price that means you need to have $29,280 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,464) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $29,280 |
Rent Ready Costs | $0 |
Closing Costs | $1,464 |
Seller Concessions | $0 |
Total Cost To Close: | $30,744 |
The monthly rent on this Property is $762 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$265 | -$4,354 | $1,847 | $815 | $1,058 | -$899 | |
-$243 | -$3,917 | $1,676 | $746 | $967 | -$771 | |
-$221 | -$3,485 | $1,505 | $679 | $875 | -$647 | |
Totals: | -$729 | -$11,756 | $5,028 | $2,240 | $2,900 | -$2,317 |
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