The Real Estate Financial Planner Blueprint™
West Allis, Wisconsin 20% DP
Purchased West Allis, Wisconsin Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the West Allis, Wisconsin Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $4,854. 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 West Allis, 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 $809 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
-$2,109 | -$3,896 | $1,798 | $793 | $1,063 | -$2,352 | |
-$1,932 | -$3,495 | $1,629 | $726 | $970 | -$2,103 | |
-$1,756 | -$3,099 | $1,462 | $659 | $878 | -$1,856 | |
Totals: | -$5,798 | -$10,490 | $4,889 | $2,177 | $2,910 | -$6,311 |
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
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Final Month Summary
Reports