The Real Estate Financial Planner Blueprint™
Beaumont, Texas 20% DP
Purchased Beaumont, Texas Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Beaumont, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,058. 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 Beaumont, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $104,400 purchase price that means you need to have $20,880 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,044) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $20,880 |
Rent Ready Costs | $0 |
Closing Costs | $1,044 |
Seller Concessions | $0 |
Total Cost To Close: | $21,924 |
The monthly rent on this Property is $843 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$446 | -$1,719 | $1,317 | $581 | $915 | $648 | |
-$408 | -$1,504 | $1,195 | $532 | $837 | $651 | |
-$371 | -$1,295 | $1,073 | $484 | $759 | $649 | |
-$334 | -$1,092 | $952 | $435 | $680 | $642 | |
Totals: | -$1,559 | -$5,610 | $4,537 | $2,032 | $3,191 | $2,590 |
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
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports