The Real Estate Financial Planner Blueprint™
Ellicott City, Maryland 20% DP

Purchased Ellicott City, Maryland Average Property 1 Property
Bought in Month 19

We have a Rule that has you buying the Ellicott City, Maryland Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $9,630 (which we adjust for inflation to be worth $9,630 in Month 19). The following is a chart showing the balance of Starting with $100K, Earning 7%/year Account from the start of the Scenario to Month 19 after we've adjusted for all the income and expenses for the entire month.

To purchase the Ellicott City, Maryland Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $522,902.59 purchase price that means you need to have $104,580.52 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($5,229.03) minus any seller concessions ($0).

Description Amount
Down Payment $104,580.52
Rent Ready Costs $0
Closing Costs $5,229.03
Seller Concessions $0
Total Cost To Close: $109,809.54

The monthly rent on this Property is $1,705.72 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Ellicott City, Maryland Average Property 1 -$3,173 -$15,149 $6,596 $2,909 $2,797 -$6,019
Totals: -$3,173 -$15,149 $6,596 $2,909 $2,797 -$6,019

Asset Allocation

How are assets allocated? Let's first look at this month.

And how have they looked over time up to this month?

Phases of Financial Independence™

With a Minimum Target Monthly Income in Retirement™ of $5,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 at the time of achieving your  Goal of financial independence, let's look at the Phases of Financial Independence™.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports