The Real Estate Financial Planner Blueprint™
Lexington-Fayette, Kentucky 20% DP
Purchased Lexington-Fayette, Kentucky Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Lexington-Fayette, Kentucky Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,184. 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 Lexington-Fayette, Kentucky Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $180,700 purchase price that means you need to have $36,140 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,807) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $36,140 |
Rent Ready Costs | $0 |
Closing Costs | $1,807 |
Seller Concessions | $0 |
Total Cost To Close: | $37,947 |
The monthly rent on this Property is $864 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$2,386 | -$4,383 | $2,279 | $1,005 | $1,146 | $2,434 | |
$2,188 | -$3,941 | $2,071 | $923 | $1,048 | $2,289 | |
Totals: | $4,574 | -$8,324 | $4,350 | $1,928 | $2,195 | $4,723 |
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
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports