The Real Estate Financial Planner Blueprint™
Dayton, Ohio 20% DP
Purchased Dayton, Ohio Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Dayton, Ohio Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,086. 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 Dayton, Ohio Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $66,500 purchase price that means you need to have $13,300 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($665) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $13,300 |
Rent Ready Costs | $0 |
Closing Costs | $665 |
Seller Concessions | $0 |
Total Cost To Close: | $13,965 |
The monthly rent on this Property is $681 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$1,554 | $374 | $839 | $370 | $578 | $607 | |
-$1,423 | $396 | $760 | $338 | $528 | $599 | |
-$1,292 | $413 | $681 | $307 | $478 | $587 | |
-$1,162 | $425 | $603 | $276 | $429 | $570 | |
-$1,032 | $432 | $526 | $245 | $379 | $549 | |
-$902 | $434 | $449 | $214 | $329 | $524 | |
-$773 | $431 | $373 | $183 | $280 | $494 | |
Totals: | -$8,138 | $2,904 | $4,231 | $1,932 | $3,000 | $3,930 |
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
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports