The Real Estate Financial Planner Blueprint™
Clarksville, Tennessee 20% DP
Purchased Clarksville, Tennessee Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Clarksville, Tennessee Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,676. 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 Clarksville, Tennessee Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $148,700 purchase price that means you need to have $29,740 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,487) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $29,740 |
Rent Ready Costs | $0 |
Closing Costs | $1,487 |
Seller Concessions | $0 |
Total Cost To Close: | $31,227 |
The monthly rent on this Property is $946 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$2,834 | -$2,080 | $1,876 | $827 | $981 | $4,438 | |
$2,600 | -$1,834 | $1,705 | $760 | $898 | $4,128 | |
$2,365 | -$1,591 | $1,534 | $692 | $814 | $3,814 | |
Totals: | $7,799 | -$5,505 | $5,115 | $2,279 | $2,692 | $12,380 |
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
- Achieved Ideal Financial Independence Goal
- Final Month Summary
Reports