The Real Estate Financial Planner Blueprint™
Waterloo, Iowa 20% DP
Purchased Waterloo, Iowa Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Waterloo, Iowa Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,440. 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 Waterloo, Iowa Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $114,000 purchase price that means you need to have $22,800 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,140) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $22,800 |
Rent Ready Costs | $0 |
Closing Costs | $1,140 |
Seller Concessions | $0 |
Total Cost To Close: | $23,940 |
The monthly rent on this Property is $740 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$866 | -$2,476 | $1,438 | $634 | $868 | $1,330 | |
$794 | -$2,212 | $1,306 | $582 | $794 | $1,263 | |
$722 | -$1,951 | $1,174 | $529 | $720 | $1,194 | |
$650 | -$1,692 | $1,042 | $477 | $645 | $1,123 | |
Totals: | $3,031 | -$8,330 | $4,960 | $2,222 | $3,026 | $4,910 |
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
- Final Month Summary
Reports