The Real Estate Financial Planner Blueprint™
Bethlehem, Pennsylvania 20% DP
Purchased Bethlehem, Pennsylvania Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Bethlehem, Pennsylvania Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $6,078. 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 Bethlehem, Pennsylvania Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $171,600 purchase price that means you need to have $34,320 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,716) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $34,320 |
Rent Ready Costs | $0 |
Closing Costs | $1,716 |
Seller Concessions | $0 |
Total Cost To Close: | $36,036 |
The monthly rent on this Property is $1,013 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$676 | -$3,630 | $2,165 | $955 | $1,212 | $25 | |
-$619 | -$3,236 | $1,964 | $875 | $1,107 | $90 | |
Totals: | -$1,295 | -$6,866 | $4,129 | $1,830 | $2,319 | $116 |
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