The Real Estate Financial Planner Blueprint™
Jackson, Tennessee 20% DP
Purchased Jackson, Tennessee Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Jackson, Tennessee Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,088. 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 Jackson, Tennessee Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $132,500 purchase price that means you need to have $26,500 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,325) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $26,500 |
Rent Ready Costs | $0 |
Closing Costs | $1,325 |
Seller Concessions | $0 |
Total Cost To Close: | $27,825 |
The monthly rent on this Property is $848 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$1,757 | -$1,918 | $1,671 | $737 | $892 | $3,140 | |
$1,612 | -$1,683 | $1,518 | $677 | $816 | $2,940 | |
$1,466 | -$1,452 | $1,366 | $616 | $740 | $2,736 | |
Totals: | $4,835 | -$5,053 | $4,556 | $2,030 | $2,449 | $8,816 |
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
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports