The Real Estate Financial Planner Blueprint™
Janesville, Wisconsin 20% DP
Purchased Janesville, Wisconsin Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Janesville, Wisconsin Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,896. 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 Janesville, Wisconsin Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $136,300 purchase price that means you need to have $27,260 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,363) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $27,260 |
Rent Ready Costs | $0 |
Closing Costs | $1,363 |
Seller Concessions | $0 |
Total Cost To Close: | $28,623 |
The monthly rent on this Property is $816 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$177 | -$2,698 | $1,719 | $758 | $975 | $578 | |
-$162 | -$2,404 | $1,560 | $695 | $891 | $580 | |
-$148 | -$2,113 | $1,402 | $632 | $807 | $580 | |
Totals: | -$487 | -$7,215 | $4,681 | $2,085 | $2,673 | $1,737 |
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