The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Huntsville, Alabama Rental Property 7 Property
Bought in Month 478
We have a Rule that has you buying the Typical 20% Down Payment Huntsville, Alabama Rental Property 7 Property even if your Account balance in the All-In-One Account Earning 7%/year Account has zero dollars. The following is a chart showing the balance of All-In-One Account Earning 7%/year Account from the start of the Scenario to Month 478 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Huntsville, Alabama Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $808,048.18 purchase price that means you need to have $161,609.64 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($8,080.48) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $161,609.64 |
Rent Ready Costs | $0 |
Closing Costs | $8,080.48 |
Seller Concessions | $0 |
Total Cost To Close: | $169,690.12 |
The monthly rent on this Property is $5,439.88 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$24,301 | $37,824 | $0 | $0 | $2,154 | $64,279 | |
$24,301 | $37,681 | $0 | $0 | $2,152 | $64,134 | |
$24,301 | $9,345 | $15,612 | $2,634 | $4,319 | $56,210 | |
$24,301 | $3,092 | $11,779 | $3,239 | $4,819 | $47,231 | |
$24,301 | -$4,598 | $8,888 | $3,984 | $5,434 | $38,009 | |
$24,301 | -$8,413 | $7,877 | $4,353 | $5,739 | $33,858 | |
$24,296 | -$9,761 | $6,002 | $4,997 | $5,948 | $31,482 | |
Totals: | $170,104 | $65,169 | $50,158 | $19,208 | $30,564 | $335,203 |
Asset Allocation
How are assets allocated? Let's first look at this month.
And how have they looked over time up to this month?
Phases of Financial Independence™
With a Minimum Target Monthly Income in Retirement™ of $6,000 and a Ideal Target Monthly Income in Retirement™ of $9,000 at the time of achieving your
Blueprint™ 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
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports