The Real Estate Financial Planner Blueprint™
Salem, Oregon 20% DP
Purchased Salem, Oregon Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Salem, Oregon Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,532. 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 Salem, Oregon Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $223,200 purchase price that means you need to have $44,640 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($2,232) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $44,640 |
Rent Ready Costs | $0 |
Closing Costs | $2,232 |
Seller Concessions | $0 |
Total Cost To Close: | $46,872 |
The monthly rent on this Property is $922 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$1,722 | -$5,705 | $2,816 | $1,242 | $1,299 | $1,372 | |
$1,579 | -$5,130 | $2,557 | $1,139 | $1,186 | $1,331 | |
Totals: | $3,301 | -$10,835 | $5,372 | $2,381 | $2,485 | $2,704 |
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
- Final Month Summary
Reports