The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Denver, Colorado Rental Property 8 Property
Bought in Month 593
We have a Rule that has you buying the Typical 20% Down Payment Denver, Colorado 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 593 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Denver, Colorado Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $2,610,395.83 purchase price that means you need to have $522,079.17 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($26,103.96) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $522,079.17 |
Rent Ready Costs | $0 |
Closing Costs | $26,103.96 |
Seller Concessions | $0 |
Total Cost To Close: | $548,183.12 |
The monthly rent on this Property is $13,991.17 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$78,505 | $122,648 | $0 | $0 | $3,444 | $204,598 | |
$78,505 | $121,186 | $0 | $0 | $3,431 | $203,123 | |
$78,505 | $37,650 | $52,152 | $8,302 | $10,310 | $186,918 | |
$78,505 | $16,967 | $40,556 | $9,986 | $11,672 | $157,687 | |
$78,505 | -$3,046 | $31,857 | $11,924 | $13,273 | $132,514 | |
$78,505 | -$14,464 | $28,234 | $13,030 | $14,187 | $119,492 | |
$78,505 | -$31,353 | $24,037 | $14,665 | $15,538 | $101,392 | |
$78,489 | -$31,790 | $19,388 | $16,144 | $15,669 | $97,901 | |
Totals: | $628,024 | $217,799 | $196,224 | $74,052 | $87,525 | $1,203,624 |
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 $12,000 and a Ideal Target Monthly Income in Retirement™ of $18,000 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
- 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
- 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