The Real Estate Financial Planner Blueprint™
Lawton, Oklahoma 20% DP
Purchased Lawton, Oklahoma Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Lawton, Oklahoma Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,968. 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 Lawton, Oklahoma Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $113,900 purchase price that means you need to have $22,780 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,139) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $22,780 |
Rent Ready Costs | $0 |
Closing Costs | $1,139 |
Seller Concessions | $0 |
Total Cost To Close: | $23,919 |
The monthly rent on this Property is $828 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$1,648 | -$3,288 | $1,437 | $634 | $967 | $1,397 | |
$1,511 | -$2,953 | $1,305 | $582 | $885 | $1,331 | |
$1,375 | -$2,621 | $1,174 | $530 | $803 | $1,261 | |
$1,238 | -$2,291 | $1,043 | $477 | $721 | $1,188 | |
Totals: | $5,771 | -$11,153 | $4,960 | $2,222 | $3,377 | $5,177 |
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
- Final Month Summary
Reports