The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Huntsville, Alabama Rental Property 10 Property
Bought in Month 578
We have a Rule that has you buying the Typical 20% Down Payment Huntsville, Alabama Rental Property 10 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 578 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $1,033,746.68 purchase price that means you need to have $206,749.34 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($10,337.47) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $206,749.34 |
Rent Ready Costs | $0 |
Closing Costs | $10,337.47 |
Seller Concessions | $0 |
Total Cost To Close: | $217,086.80 |
The monthly rent on this Property is $6,959.30 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$31,089 | $48,384 | $0 | $0 | $2,755 | $82,228 | |
$31,089 | $48,201 | $0 | $0 | $2,753 | $82,043 | |
$31,089 | $46,750 | $0 | $0 | $2,741 | $80,579 | |
$31,089 | $13,296 | $21,073 | $3,239 | $5,417 | $74,114 | |
$31,089 | $5,605 | $15,900 | $3,984 | $6,032 | $62,610 | |
$31,089 | $1,790 | $14,092 | $4,353 | $6,337 | $57,662 | |
$31,089 | -$3,409 | $11,679 | $4,997 | $6,882 | $51,239 | |
$31,089 | -$8,370 | $10,491 | $5,407 | $7,214 | $45,831 | |
$31,089 | -$15,485 | $9,052 | $6,026 | $7,719 | $38,402 | |
$31,083 | -$13,773 | $7,678 | $6,393 | $7,582 | $38,963 | |
Totals: | $310,883 | $122,988 | $89,965 | $34,401 | $55,433 | $613,670 |
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