The Real Estate Financial Planner Blueprint™
Pueblo, Colorado 20% DP
Purchased Pueblo, Colorado Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Pueblo, Colorado Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,662. 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 Pueblo, Colorado Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $130,000 purchase price that means you need to have $26,000 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,300) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $26,000 |
Rent Ready Costs | $0 |
Closing Costs | $1,300 |
Seller Concessions | $0 |
Total Cost To Close: | $27,300 |
The monthly rent on this Property is $777 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$395 | -$744 | $1,640 | $723 | $783 | $2,797 | |
$362 | -$614 | $1,489 | $663 | $716 | $2,616 | |
$329 | -$487 | $1,338 | $603 | $648 | $2,432 | |
Totals: | $1,087 | -$1,845 | $4,466 | $1,990 | $2,147 | $7,845 |
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
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports