The Real Estate Financial Planner Blueprint™
Albany, Georgia 20% DP
Purchased Albany, Georgia Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Albany, Georgia Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,326. 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 Albany, Georgia Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $101,100 purchase price that means you need to have $20,220 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,011) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $20,220 |
Rent Ready Costs | $0 |
Closing Costs | $1,011 |
Seller Concessions | $0 |
Total Cost To Close: | $21,231 |
The monthly rent on this Property is $721 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$562 | -$1,111 | $1,275 | $562 | $733 | $898 | |
-$515 | -$952 | $1,157 | $515 | $670 | $875 | |
-$468 | -$799 | $1,039 | $468 | $607 | $848 | |
-$421 | -$650 | $921 | $421 | $544 | $816 | |
Totals: | -$1,966 | -$3,512 | $4,392 | $1,967 | $2,555 | $3,437 |
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
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports