The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Tucson, Arizona Rental Property 7 Property
Bought in Month 729
We have a Rule that has you buying the Typical 20% Down Payment Tucson, Arizona 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 729 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Tucson, Arizona Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $1,724,264.61 purchase price that means you need to have $344,852.92 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($17,242.65) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $344,852.92 |
Rent Ready Costs | $0 |
Closing Costs | $17,242.65 |
Seller Concessions | $0 |
Total Cost To Close: | $362,095.57 |
The monthly rent on this Property is $7,627.94 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$51,856 | $55,541 | $0 | $0 | $2,696 | $110,092 | |
$51,856 | $55,147 | $0 | $0 | $2,692 | $109,694 | |
$51,856 | $56,536 | $0 | $0 | $2,705 | $111,096 | |
$51,856 | -$1,230 | $34,333 | $5,497 | $7,237 | $97,694 | |
$51,856 | -$16,416 | $25,051 | $6,929 | $8,417 | $75,837 | |
$51,856 | -$38,226 | $17,440 | $9,041 | $10,162 | $50,273 | |
$51,845 | -$44,590 | $12,807 | $10,664 | $10,795 | $41,520 | |
Totals: | $362,978 | $66,762 | $89,631 | $32,132 | $44,704 | $596,207 |
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
- 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
- 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
- Final Month Summary
Reports