The Real Estate Financial Planner Blueprint™
CF 20% Investor
Purchased Cash Flow Rental 1 Property
Bought in Month 1
We have a Rule that has you buying the Cash Flow Rental 1 Property when your Account balance in the $300K in Savings at 7% Account reaches $10,000. The following is a chart showing the balance of $300K in Savings at 7% 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 Cash Flow Rental 1 Property, we're assuming you're getting a 20% down payment loan. With a $350,000 purchase price that means you need to have $70,000 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($3,500) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $70,000 |
Rent Ready Costs | $0 |
Closing Costs | $3,500 |
Seller Concessions | $0 |
Total Cost To Close: | $73,500 |
The monthly rent on this Property is $2,019.78 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$3,503 | $3,133 | $4,415 | $1,825 | $1,682 | $14,558 | |
$3,212 | $2,488 | $4,010 | $1,675 | $1,529 | $12,914 | |
$2,921 | $2,416 | $3,606 | $1,524 | $1,382 | $11,849 | |
$2,630 | $2,339 | $3,202 | $1,372 | $1,234 | $10,777 | |
Totals: | $12,266 | $10,376 | $15,233 | $6,396 | $5,827 | $50,098 |
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
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports