The Real Estate Financial Planner Blueprint™
Cheyenne, Wyoming 20% DP
Purchased Cheyenne, Wyoming Average Property 1 Property
Bought in Month 1
We have a Rule that has you buying the Cheyenne, Wyoming Average Property 1 Property when your Account balance in the Starting with $100K, Earning 7%/year Account reaches $5,388. 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 Cheyenne, Wyoming Average Property 1 Property, we're assuming you're getting a 20% down payment loan. With a $200,200 purchase price that means you need to have $40,040 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($2,002) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $40,040 |
Rent Ready Costs | $0 |
Closing Costs | $2,002 |
Seller Concessions | $0 |
Total Cost To Close: | $42,042 |
The monthly rent on this Property is $898 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$4,327 | -$3,659 | $2,525 | $1,114 | $1,109 | $5,417 | |
$3,970 | -$3,270 | $2,296 | $1,023 | $1,014 | $5,033 | |
Totals: | $8,298 | -$6,929 | $4,821 | $2,137 | $2,124 | $10,451 |
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