The Real Estate Financial Planner Blueprint™
$1MM - 0% Inflation - Buy 8 20% DP Properties
Purchased 20% DP - 0% Inflation 1 Property
Bought in Month 1
We have a Rule that has you buying the 20% DP - 0% Inflation 1 Property when your Account balance in the $1MM in Stocks @ 7%/yr Account reaches $40,000. The following is a chart showing the balance of $1MM in Stocks @ 7%/yr 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 20% DP - 0% Inflation 1 Property, we're assuming you're getting a 20% down payment loan. With a $380,000 purchase price that means you need to have $76,000 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($3,800) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $76,000 |
Rent Ready Costs | $0 |
Closing Costs | $3,800 |
Seller Concessions | $0 |
Total Cost To Close: | $79,800 |
The monthly rent on this Property is $2,068.55 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$0 | $1,473 | $4,794 | $1,569 | $1,808 | $9,644 | |
$0 | $1,473 | $4,350 | $1,438 | $1,648 | $8,910 | |
$0 | $1,473 | $3,908 | $1,308 | $1,487 | $8,177 | |
$0 | $1,473 | $3,468 | $1,177 | $1,327 | $7,445 | |
$0 | $1,473 | $3,029 | $1,046 | $1,166 | $6,715 | |
$0 | $1,473 | $2,592 | $915 | $1,006 | $5,987 | |
$0 | $1,473 | $2,156 | $785 | $845 | $5,260 | |
$0 | $1,473 | $1,722 | $654 | $685 | $4,534 | |
Totals: | $0 | $11,787 | $26,021 | $8,892 | $9,972 | $56,672 |
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
- Achieved Financial Independence Goal
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports