The Real Estate Financial Planner Blueprint™
St. Joseph, Missouri 20% DP
Purchased St. Joseph, Missouri Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the St. Joseph, Missouri Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,536. 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 St. Joseph, Missouri Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $109,900 purchase price that means you need to have $21,980 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,099) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $21,980 |
Rent Ready Costs | $0 |
Closing Costs | $1,099 |
Seller Concessions | $0 |
Total Cost To Close: | $23,079 |
The monthly rent on this Property is $756 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$617 | -$1,711 | $1,386 | $611 | $791 | $1,695 | |
$566 | -$1,507 | $1,259 | $561 | $724 | $1,602 | |
$514 | -$1,306 | $1,131 | $510 | $656 | $1,506 | |
$463 | -$1,109 | $1,004 | $459 | $588 | $1,406 | |
Totals: | $2,159 | -$5,634 | $4,781 | $2,142 | $2,760 | $6,208 |
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
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports