The Real Estate Financial Planner Blueprint™
Kenosha, Wisconsin 20% DP
Purchased Kenosha, Wisconsin Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Kenosha, Wisconsin Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,280. 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 Kenosha, Wisconsin Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $145,700 purchase price that means you need to have $29,140 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,457) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $29,140 |
Rent Ready Costs | $0 |
Closing Costs | $1,457 |
Seller Concessions | $0 |
Total Cost To Close: | $30,597 |
The monthly rent on this Property is $880 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$2,256 | -$3,444 | $1,838 | $811 | $1,082 | -$1,969 | |
-$2,066 | -$3,075 | $1,666 | $742 | $988 | -$1,746 | |
-$1,877 | -$2,712 | $1,495 | $674 | $894 | -$1,527 | |
Totals: | -$6,199 | -$9,230 | $4,998 | $2,226 | $2,964 | -$5,241 |
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
- Final Month Summary
Reports