The Real Estate Financial Planner Blueprint™
Brownsville, Texas 20% DP
Purchased Brownsville, Texas Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Brownsville, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,260. 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 Brownsville, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $87,600 purchase price that means you need to have $17,520 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($876) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $17,520 |
Rent Ready Costs | $0 |
Closing Costs | $876 |
Seller Concessions | $0 |
Total Cost To Close: | $18,396 |
The monthly rent on this Property is $710 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$100 | -$1,664 | $1,105 | $487 | $770 | $598 | |
-$92 | -$1,465 | $1,003 | $447 | $704 | $598 | |
-$83 | -$1,270 | $901 | $406 | $639 | $593 | |
-$75 | -$1,079 | $799 | $365 | $573 | $584 | |
-$67 | -$893 | $698 | $325 | $507 | $571 | |
Totals: | -$416 | -$6,370 | $4,506 | $2,030 | $3,194 | $2,944 |
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