The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Loveland, Colorado Rental Property 5 Property
Bought in Month 453
We have a Rule that has you buying the Typical 20% Down Payment Loveland, Colorado Rental Property 5 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 453 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Loveland, Colorado Rental Property 5 Property, we're assuming you're getting a 20% down payment loan. With a $1,405,230.71 purchase price that means you need to have $281,046.14 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,052.31) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $281,046.14 |
Rent Ready Costs | $0 |
Closing Costs | $14,052.31 |
Seller Concessions | $0 |
Total Cost To Close: | $295,098.45 |
The monthly rent on this Property is $7,033.11 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$42,261 | $60,866 | $0 | $0 | $1,795 | $104,921 | |
$42,261 | $12,620 | $26,430 | $4,672 | $5,654 | $91,637 | |
$42,261 | -$2,289 | $18,837 | $5,991 | $6,733 | $71,533 | |
$42,261 | -$18,795 | $13,653 | $7,590 | $8,054 | $52,762 | |
$42,252 | -$21,506 | $10,437 | $8,691 | $8,384 | $48,258 | |
Totals: | $211,296 | $30,896 | $69,357 | $26,943 | $30,620 | $369,111 |
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
- 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
- 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
- Final Month Summary
Reports