The Real Estate Financial Planner Blueprint™
Kettering, Ohio 20% DP
Purchased Kettering, Ohio Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Kettering, Ohio Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,722. 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 Kettering, Ohio Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $129,700 purchase price that means you need to have $25,940 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,297) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $25,940 |
Rent Ready Costs | $0 |
Closing Costs | $1,297 |
Seller Concessions | $0 |
Total Cost To Close: | $27,237 |
The monthly rent on this Property is $787 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$543 | -$2,843 | $1,636 | $722 | $957 | -$72 | |
-$498 | -$2,537 | $1,484 | $661 | $874 | -$16 | |
-$453 | -$2,236 | $1,333 | $601 | $792 | $37 | |
Totals: | -$1,494 | -$7,616 | $4,453 | $1,984 | $2,623 | -$50 |
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
- Final Month Summary
Reports