The Real Estate Financial Planner Blueprint™
Oshkosh, Wisconsin 20% DP
Purchased Oshkosh, Wisconsin Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Oshkosh, Wisconsin Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,392. 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 Oshkosh, Wisconsin Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $122,200 purchase price that means you need to have $24,440 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($1,222) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $24,440 |
Rent Ready Costs | $0 |
Closing Costs | $1,222 |
Seller Concessions | $0 |
Total Cost To Close: | $25,662 |
The monthly rent on this Property is $732 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$100 | -$2,884 | $1,541 | $680 | $900 | $338 | |
$92 | -$2,584 | $1,399 | $623 | $823 | $354 | |
$84 | -$2,286 | $1,257 | $567 | $745 | $367 | |
Totals: | $276 | -$7,753 | $4,198 | $1,870 | $2,469 | $1,058 |
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