The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Westminster, Colorado Rental Property 7 Property
Bought in Month 588
We have a Rule that has you buying the Typical 20% Down Payment Westminster, 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 Westminster, Colorado Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $2,243,716.62 purchase price that means you need to have $448,743.32 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($22,437.17) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $448,743.32 |
Rent Ready Costs | $0 |
Closing Costs | $22,437.17 |
Seller Concessions | $0 |
Total Cost To Close: | $471,180.49 |
The monthly rent on this Property is $11,145.09 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$67,478 | $95,356 | $0 | $0 | $2,957 | $165,790 | |
$67,478 | $95,944 | $0 | $0 | $2,962 | $166,384 | |
$67,478 | $18,182 | $43,203 | $7,332 | $9,001 | $145,196 | |
$67,478 | $596 | $32,927 | $8,951 | $10,331 | $120,283 | |
$67,478 | -$10,688 | $27,108 | $10,325 | $11,493 | $105,716 | |
$67,478 | -$31,194 | $22,019 | $12,029 | $12,874 | $83,206 | |
$67,464 | -$35,514 | $16,665 | $13,876 | $13,479 | $75,970 | |
Totals: | $472,329 | $132,682 | $141,923 | $52,513 | $63,098 | $862,544 |
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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports