The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Scottsdale, Arizona Rental Property 8 Property
Bought in Month 439
We have a Rule that has you buying the Typical 20% Down Payment Scottsdale, Arizona Rental Property 8 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 439 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Scottsdale, Arizona Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $2,446,208.94 purchase price that means you need to have $489,241.79 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($24,462.09) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $489,241.79 |
Rent Ready Costs | $0 |
Closing Costs | $24,462.09 |
Seller Concessions | $0 |
Total Cost To Close: | $513,703.88 |
The monthly rent on this Property is $15,442.51 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$73,567 | $0 | $0 | $0 | $1,919 | $75,486 | |
$73,567 | $56,024 | $45,855 | $8,152 | $10,114 | $193,713 | |
$73,567 | $38,907 | $36,629 | $9,615 | $11,304 | $170,023 | |
$73,567 | $26,569 | $31,079 | $10,849 | $12,327 | $154,391 | |
$73,567 | $16,279 | $27,453 | $11,884 | $13,186 | $142,368 | |
$73,567 | $9,375 | $24,742 | $12,827 | $13,990 | $134,501 | |
$73,567 | -$3,421 | $22,677 | $13,675 | $14,655 | $121,153 | |
$73,567 | -$7,210 | $20,993 | $14,472 | $15,353 | $117,177 | |
$73,552 | -$3,576 | $18,169 | $15,129 | $14,846 | $118,120 | |
Totals: | $662,090 | $132,946 | $227,597 | $96,604 | $107,695 | $1,226,932 |
* Denotes a property that had no rent for at least part of the period covered. |
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 $17,000 and a Ideal Target Monthly Income in Retirement™ of $26,000 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
- 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
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports