The Real Estate Financial Planner Blueprint™
Waterbury, Connecticut 20% DP
Purchased Waterbury, Connecticut Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Waterbury, Connecticut Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,754. 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 Waterbury, Connecticut Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $128,800 purchase price that means you need to have $25,760 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,288) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $25,760 |
Rent Ready Costs | $0 |
Closing Costs | $1,288 |
Seller Concessions | $0 |
Total Cost To Close: | $27,048 |
The monthly rent on this Property is $959 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$3,640 | -$3,042 | $1,625 | $717 | $1,103 | -$3,237 | |
-$3,332 | -$2,697 | $1,471 | $655 | $1,006 | -$2,897 | |
-$3,026 | -$2,361 | $1,318 | $594 | $910 | -$2,564 | |
Totals: | -$9,998 | -$8,100 | $4,414 | $1,966 | $3,019 | -$8,698 |
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
- Final Month Summary
Reports