The Real Estate Financial Planner Blueprint™
Bossier City, Louisiana 20% DP
Purchased Bossier City, Louisiana Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Bossier City, Louisiana Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,598. 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 Bossier City, Louisiana Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $161,400 purchase price that means you need to have $32,280 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,614) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $32,280 |
Rent Ready Costs | $0 |
Closing Costs | $1,614 |
Seller Concessions | $0 |
Total Cost To Close: | $33,894 |
The monthly rent on this Property is $933 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$2,772 | -$4,550 | $2,036 | $898 | $1,186 | $2,341 | |
$2,542 | -$4,096 | $1,850 | $825 | $1,086 | $2,207 | |
Totals: | $5,314 | -$8,647 | $3,886 | $1,723 | $2,272 | $4,548 |
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
- Final Month Summary
Reports