The Real Estate Financial Planner Blueprint™
Roanoke, Virginia 20% DP
Purchased Roanoke, Virginia Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Roanoke, Virginia Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,794. 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 Roanoke, Virginia Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $133,200 purchase price that means you need to have $26,640 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,332) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $26,640 |
Rent Ready Costs | $0 |
Closing Costs | $1,332 |
Seller Concessions | $0 |
Total Cost To Close: | $27,972 |
The monthly rent on this Property is $799 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$269 | -$1,243 | $1,680 | $741 | $808 | $2,256 | |
$247 | -$1,068 | $1,525 | $679 | $739 | $2,121 | |
$224 | -$898 | $1,371 | $618 | $669 | $1,984 | |
Totals: | $740 | -$3,209 | $4,576 | $2,038 | $2,216 | $6,361 |
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
- Paid Off Mortgage
- Final Month Summary
Reports