The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Thornton, Colorado Rental Property 7 Property
Bought in Month 588
We have a Rule that has you buying the Typical 20% Down Payment Thornton, Colorado 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 588 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Thornton, Colorado Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $2,163,149.31 purchase price that means you need to have $432,629.86 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($21,631.49) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $432,629.86 |
Rent Ready Costs | $0 |
Closing Costs | $21,631.49 |
Seller Concessions | $0 |
Total Cost To Close: | $454,261.36 |
The monthly rent on this Property is $10,699.29 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$65,055 | $88,799 | $0 | $0 | $3,033 | $156,887 | |
$65,055 | $89,645 | $0 | $0 | $3,041 | $157,740 | |
$65,055 | $15,179 | $40,959 | $7,156 | $8,948 | $137,296 | |
$65,055 | -$1,982 | $31,217 | $8,736 | $10,246 | $113,272 | |
$65,055 | -$16,352 | $25,528 | $10,128 | $11,395 | $95,754 | |
$65,055 | -$32,915 | $21,229 | $11,597 | $12,597 | $77,562 | |
$65,041 | -$37,102 | $16,067 | $13,378 | $13,180 | $70,564 | |
Totals: | $455,369 | $105,272 | $135,000 | $50,995 | $62,440 | $809,075 |
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 $11,000 and a Ideal Target Monthly Income in Retirement™ of $17,000 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports