The Real Estate Financial Planner Blueprint™
Ogden, Utah 20% DP
Purchased Ogden, Utah Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Ogden, Utah Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,662. 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 Ogden, Utah Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $152,100 purchase price that means you need to have $30,420 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,521) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $30,420 |
Rent Ready Costs | $0 |
Closing Costs | $1,521 |
Seller Concessions | $0 |
Total Cost To Close: | $31,941 |
The monthly rent on this Property is $777 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$2,081 | -$1,884 | $1,919 | $846 | $865 | $3,827 | |
$1,909 | -$1,664 | $1,743 | $777 | $790 | $3,555 | |
$1,736 | -$1,446 | $1,568 | $707 | $716 | $3,281 | |
Totals: | $5,727 | -$4,994 | $5,230 | $2,330 | $2,371 | $10,664 |
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
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports