The Real Estate Financial Planner Blueprint™
Tulsa, Oklahoma 20% DP
Purchased Tulsa, Oklahoma Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Tulsa, Oklahoma Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,860. 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 Tulsa, Oklahoma Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $133,900 purchase price that means you need to have $26,780 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,339) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $26,780 |
Rent Ready Costs | $0 |
Closing Costs | $1,339 |
Seller Concessions | $0 |
Total Cost To Close: | $28,119 |
The monthly rent on this Property is $810 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$1,492 | -$5,105 | $1,689 | $745 | $1,124 | -$55 | |
$1,368 | -$4,617 | $1,534 | $684 | $1,029 | -$2 | |
$1,244 | -$4,131 | $1,380 | $622 | $933 | $48 | |
Totals: | $4,104 | -$13,852 | $4,603 | $2,051 | $3,087 | -$8 |
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
- Paid Off Mortgage
- Final Month Summary
Reports