The Real Estate Financial Planner Blueprint™
Appleton, Wisconsin 20% DP
Purchased Appleton, Wisconsin Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Appleton, Wisconsin Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,674. 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 Appleton, Wisconsin Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $142,500 purchase price that means you need to have $28,500 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,425) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $28,500 |
Rent Ready Costs | $0 |
Closing Costs | $1,425 |
Seller Concessions | $0 |
Total Cost To Close: | $29,925 |
The monthly rent on this Property is $779 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$338 | -$3,331 | $1,798 | $793 | $993 | $590 | |
$310 | -$2,981 | $1,632 | $727 | $907 | $594 | |
$282 | -$2,635 | $1,466 | $661 | $822 | $596 | |
Totals: | $929 | -$8,948 | $4,895 | $2,181 | $2,722 | $1,780 |
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