The Scenario Chart for Personal Expenses Including Real Estate captures your monthly personal expenses including the mortgage payments that you have for any unrented Properties. When calculating your monthly personal expenses you should include any rent, car payments, cell phone, utilities, and other costs of living. You set this monthly total under Rules.
In the above example Chart the expenses increase each time a new Property is purchased. This is a reflection of inflation. However, if you adjust for inflation you can see a subtle decrease in expenses over time which becomes more pronounced as we get further into the Scenario and pay off more and more of the Properties.
Additional Information About Scenario Charts
If you're interested in learning more about the Scenario Charts in the Real Estate Financial Planner™ check out these resources below.
- True Cash Flow™
- Cash Flow
- Months of Reserves
- Total Cash Flow with Depreciation
- Total Cash Flow
- Total Cap Rate if Sold
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