The Real Estate Financial Planner Blueprint™
North Las Vegas, Nevada 20% DP
Purchased North Las Vegas, Nevada Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the North Las Vegas, Nevada Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $7,008. 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 North Las Vegas, Nevada Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $208,100 purchase price that means you need to have $41,620 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($2,081) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $41,620 |
Rent Ready Costs | $0 |
Closing Costs | $2,081 |
Seller Concessions | $0 |
Total Cost To Close: | $43,701 |
The monthly rent on this Property is $1,168 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$3,352 | -$1,208 | $2,625 | $1,158 | $1,159 | $382 | |
-$3,071 | -$1,004 | $2,379 | $1,060 | $1,057 | $420 | |
Totals: | -$6,424 | -$2,212 | $5,004 | $2,217 | $2,216 | $802 |
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
- Final Month Summary
Reports