The Real Estate Financial Planner Blueprint™
Deerfield Beach, Florida 20% DP
Purchased Deerfield Beach, Florida Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Deerfield Beach, Florida Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $7,722. 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 Deerfield Beach, Florida Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $153,600 purchase price that means you need to have $30,720 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,536) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $30,720 |
Rent Ready Costs | $0 |
Closing Costs | $1,536 |
Seller Concessions | $0 |
Total Cost To Close: | $32,256 |
The monthly rent on this Property is $1,287 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$5,836 | -$13 | $1,938 | $855 | $1,196 | -$1,861 | |
-$5,341 | $101 | $1,753 | $780 | $1,091 | -$1,616 | |
-$3,866 | $380 | $1,209 | $562 | $777 | -$938 | |
Totals: | -$15,044 | $468 | $4,899 | $2,197 | $3,064 | -$4,416 |
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
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports