The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Hartford, Connecticut Rental Property 7 Property
Bought in Month 409
We have a Rule that has you buying the Typical 20% Down Payment Hartford, Connecticut 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 409 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Hartford, Connecticut Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $525,227.92 purchase price that means you need to have $105,045.58 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,252.28) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $105,045.58 |
Rent Ready Costs | $0 |
Closing Costs | $5,252.28 |
Seller Concessions | $0 |
Total Cost To Close: | $110,297.86 |
The monthly rent on this Property is $3,671.68 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$15,796 | $25,516 | $0 | $0 | $1,472 | $42,784 | |
$15,796 | $9,785 | $12,203 | $1,495 | $2,704 | $41,983 | |
$15,796 | $6,383 | $9,846 | $1,750 | $2,909 | $36,683 | |
$15,796 | $2,875 | $7,734 | $2,090 | $3,189 | $31,684 | |
$15,796 | -$363 | $6,198 | $2,459 | $3,499 | $27,589 | |
$15,796 | -$4,548 | $5,172 | $2,809 | $3,783 | $23,011 | |
$15,792 | -$5,265 | $3,901 | $3,248 | $3,934 | $21,611 | |
Totals: | $110,567 | $34,382 | $45,054 | $13,852 | $21,490 | $225,345 |
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 $5,000 and a Ideal Target Monthly Income in Retirement™ of $8,000 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
- 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
- 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
- Paid Off Mortgage
- Final Month Summary
Reports