The Real Estate Financial Planner Blueprint™
Manchester, New Hampshire 20% DP
Purchased Manchester, New Hampshire Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Manchester, New Hampshire Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,516. 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 Manchester, New Hampshire Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $217,100 purchase price that means you need to have $43,420 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($2,171) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $43,420 |
Rent Ready Costs | $0 |
Closing Costs | $2,171 |
Seller Concessions | $0 |
Total Cost To Close: | $45,591 |
The monthly rent on this Property is $1,086 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$2,113 | -$5,611 | $2,739 | $1,208 | $1,446 | -$2,331 | |
-$1,936 | -$5,036 | $2,483 | $1,106 | $1,320 | -$2,063 | |
Totals: | -$4,049 | -$10,646 | $5,222 | $2,314 | $2,765 | -$4,394 |
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
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Final Month Summary
Reports