The Real Estate Financial Planner Blueprint™
Sunrise Manor, Nevada 20% DP
Purchased Sunrise Manor, Nevada Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Sunrise Manor, Nevada Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,520. 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 Sunrise Manor, Nevada Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $156,000 purchase price that means you need to have $31,200 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,560) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $31,200 |
Rent Ready Costs | $0 |
Closing Costs | $1,560 |
Seller Concessions | $0 |
Total Cost To Close: | $32,760 |
The monthly rent on this Property is $920 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$4,911 | -$819 | $1,968 | $868 | $880 | -$2,014 | |
-$4,496 | -$666 | $1,781 | $793 | $802 | -$1,786 | |
-$3,257 | -$244 | $1,230 | $572 | $568 | -$1,131 | |
Totals: | -$12,664 | -$1,729 | $4,979 | $2,233 | $2,250 | -$4,931 |
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