The Real Estate Financial Planner Blueprint™
Deltona, Florida 20% DP
Purchased Deltona, Florida Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Deltona, Florida Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,822. 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 Deltona, Florida Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $139,000 purchase price that means you need to have $27,800 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,390) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $27,800 |
Rent Ready Costs | $0 |
Closing Costs | $1,390 |
Seller Concessions | $0 |
Total Cost To Close: | $29,190 |
The monthly rent on this Property is $1,137 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$4,091 | -$141 | $1,753 | $773 | $1,040 | -$665 | |
-$3,746 | -$38 | $1,587 | $707 | $949 | -$540 | |
-$3,401 | $58 | $1,423 | $641 | $858 | -$422 | |
Totals: | -$11,238 | -$121 | $4,763 | $2,121 | $2,847 | -$1,627 |
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