The Real Estate Financial Planner Blueprint™
Shreveport, Louisiana 20% DP
Purchased Shreveport, Louisiana Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Shreveport, Louisiana Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,860. 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 Shreveport, Louisiana Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $144,800 purchase price that means you need to have $28,960 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,448) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $28,960 |
Rent Ready Costs | $0 |
Closing Costs | $1,448 |
Seller Concessions | $0 |
Total Cost To Close: | $30,408 |
The monthly rent on this Property is $810 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$2,141 | -$4,604 | $1,827 | $806 | $1,074 | $1,243 | |
$1,964 | -$4,155 | $1,660 | $740 | $982 | $1,190 | |
$1,786 | -$3,709 | $1,493 | $673 | $891 | $1,135 | |
Totals: | $5,891 | -$12,468 | $4,979 | $2,218 | $2,947 | $3,568 |
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