The Real Estate Financial Planner Blueprint™
Toledo, Ohio 20% DP
Purchased Toledo, Ohio Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Toledo, Ohio Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,200. 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 Toledo, Ohio Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $79,900 purchase price that means you need to have $15,980 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($799) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $15,980 |
Rent Ready Costs | $0 |
Closing Costs | $799 |
Seller Concessions | $0 |
Total Cost To Close: | $16,779 |
The monthly rent on this Property is $700 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$1,894 | -$170 | $1,008 | $444 | $646 | $34 | |
-$1,735 | -$97 | $913 | $407 | $590 | $78 | |
-$1,575 | -$29 | $819 | $369 | $534 | $118 | |
-$1,416 | $34 | $725 | $331 | $479 | $152 | |
-$1,258 | $92 | $632 | $294 | $423 | $183 | |
-$1,100 | $144 | $540 | $257 | $367 | $208 | |
Totals: | -$8,978 | -$26 | $4,636 | $2,102 | $3,039 | $773 |
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