The Real Estate Financial Planner Blueprint™
Highlands Ranch, Colorado 20% DP
Purchased Highlands Ranch, Colorado Average Property 1 Property
Bought in Month 6
We have a Rule that has you buying the Highlands Ranch, Colorado Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $11,244 (which we adjust for inflation to be worth $11,244 in Month 6). The following is a chart showing the balance of Starting with $100K, Earning 7%/year Account from the start of the Scenario to Month 6 after we've adjusted for all the income and expenses for the entire month.
To purchase the Highlands Ranch, Colorado Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $447,944.09 purchase price that means you need to have $89,588.82 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($4,479.44) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $89,588.82 |
Rent Ready Costs | $0 |
Closing Costs | $4,479.44 |
Seller Concessions | $0 |
Total Cost To Close: | $94,068.26 |
The monthly rent on this Property is $1,915.85 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$14,630 | -$6,836 | $5,651 | $2,493 | $2,371 | $18,309 | |
Totals: | $14,630 | -$6,836 | $5,651 | $2,493 | $2,371 | $18,309 |
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
- Achieved Financial Independence Goal
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- 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 Ideal Financial Independence Goal
- Final Month Summary
Reports