The Real Estate Financial Planner Blueprint™
Nampa, Idaho 20% DP
Purchased Nampa, Idaho Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Nampa, Idaho Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,244. 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 Nampa, Idaho Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $149,700 purchase price that means you need to have $29,940 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,497) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $29,940 |
Rent Ready Costs | $0 |
Closing Costs | $1,497 |
Seller Concessions | $0 |
Total Cost To Close: | $31,437 |
The monthly rent on this Property is $874 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$202 | -$1,091 | $1,888 | $833 | $901 | $2,733 | |
$185 | -$925 | $1,714 | $764 | $823 | $2,561 | |
$168 | -$762 | $1,540 | $694 | $745 | $2,385 | |
Totals: | $556 | -$2,779 | $5,142 | $2,291 | $2,468 | $7,679 |
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