The Real Estate Financial Planner Blueprint™
Bryan, Texas 20% DP
Purchased Bryan, Texas Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Bryan, Texas Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,352. 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 Bryan, Texas Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $135,500 purchase price that means you need to have $27,100 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,355) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $27,100 |
Rent Ready Costs | $0 |
Closing Costs | $1,355 |
Seller Concessions | $0 |
Total Cost To Close: | $28,455 |
The monthly rent on this Property is $892 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$2,230 | -$3,244 | $1,709 | $754 | $1,070 | $2,520 | |
$2,046 | -$2,905 | $1,553 | $692 | $980 | $2,366 | |
$1,861 | -$2,569 | $1,397 | $630 | $889 | $2,209 | |
Totals: | $6,137 | -$8,718 | $4,660 | $2,076 | $2,939 | $7,095 |
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
- Final Month Summary
Reports