The Real Estate Financial Planner Blueprint™
Baytown, Texas 20% DP
Purchased Baytown, Texas Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Baytown, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,544. 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 Baytown, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $111,800 purchase price that means you need to have $22,360 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,118) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $22,360 |
Rent Ready Costs | $0 |
Closing Costs | $1,118 |
Seller Concessions | $0 |
Total Cost To Close: | $23,478 |
The monthly rent on this Property is $924 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$558 | -$1,775 | $1,410 | $622 | $966 | $1,781 | |
$512 | -$1,556 | $1,280 | $570 | $884 | $1,690 | |
$465 | -$1,342 | $1,151 | $519 | $802 | $1,595 | |
$419 | -$1,132 | $1,022 | $467 | $719 | $1,495 | |
Totals: | $1,954 | -$5,806 | $4,863 | $2,178 | $3,370 | $6,560 |
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
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports