The Real Estate Financial Planner Blueprint™
Owensboro, Kentucky 20% DP
Purchased Owensboro, Kentucky Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Owensboro, Kentucky Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,338. 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 Owensboro, Kentucky Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $111,400 purchase price that means you need to have $22,280 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,114) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $22,280 |
Rent Ready Costs | $0 |
Closing Costs | $1,114 |
Seller Concessions | $0 |
Total Cost To Close: | $23,394 |
The monthly rent on this Property is $723 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$1,270 | -$1,568 | $1,405 | $620 | $772 | $2,499 | |
$1,165 | -$1,374 | $1,277 | $569 | $707 | $2,342 | |
$1,059 | -$1,184 | $1,148 | $518 | $641 | $2,182 | |
$954 | -$997 | $1,020 | $466 | $575 | $2,018 | |
Totals: | $4,448 | -$5,123 | $4,849 | $2,172 | $2,695 | $9,041 |
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
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports