The Real Estate Financial Planner Blueprint™
Omaha, Nebraska 20% DP
Purchased Omaha, Nebraska Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Omaha, Nebraska Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,376. 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 Omaha, Nebraska Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $151,100 purchase price that means you need to have $30,220 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,511) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $30,220 |
Rent Ready Costs | $0 |
Closing Costs | $1,511 |
Seller Concessions | $0 |
Total Cost To Close: | $31,731 |
The monthly rent on this Property is $896 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$1,830 | -$4,877 | $1,906 | $841 | $1,199 | $898 | |
$1,678 | -$4,400 | $1,731 | $772 | $1,097 | $878 | |
$1,526 | -$3,926 | $1,557 | $702 | $995 | $855 | |
Totals: | $5,035 | -$13,202 | $5,195 | $2,314 | $3,290 | $2,631 |
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