The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Tempe, Arizona Rental Property 8 Property
Bought in Month 406
We have a Rule that has you buying the Typical 25% Down Payment Tempe, 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 406 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Tempe, Arizona Rental Property 8 Property, we're assuming you're getting a 25% down payment loan. With a $1,165,197.25 purchase price that means you need to have $291,299.31 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($11,651.97) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $291,299.31 |
Rent Ready Costs | $0 |
Closing Costs | $11,651.97 |
Seller Concessions | $0 |
Total Cost To Close: | $302,951.29 |
The monthly rent on this Property is $6,990.32 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$35,042 | $0 | $0 | $0 | $1,029 | $36,071 | |
$35,042 | $26,530 | $21,118 | $3,779 | $4,550 | $91,019 | |
$35,042 | $19,210 | $17,104 | $4,458 | $5,054 | $80,868 | |
$35,042 | $14,061 | $14,615 | $5,042 | $5,498 | $74,258 | |
$35,042 | $9,816 | $12,927 | $5,550 | $5,887 | $69,222 | |
$35,042 | $4,827 | $11,652 | $6,020 | $6,237 | $63,779 | |
$35,042 | $1,507 | $10,670 | $6,450 | $6,568 | $60,237 | |
$35,042 | -$2,201 | $9,894 | $6,843 | $6,865 | $56,443 | |
$35,035 | -$599 | $8,513 | $7,206 | $6,688 | $56,843 | |
Totals: | $315,372 | $73,150 | $106,494 | $45,348 | $48,376 | $588,740 |
* 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 $9,000 and a Ideal Target Monthly Income in Retirement™ of $14,000 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
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports