The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Waterbury, Connecticut Rental Property 6 Property
Bought in Month 414
We have a Rule that has you buying the Typical 20% Down Payment Waterbury, Connecticut Rental Property 6 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 414 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Waterbury, Connecticut Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $544,481.33 purchase price that means you need to have $108,896.27 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,444.81) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $108,896.27 |
Rent Ready Costs | $0 |
Closing Costs | $5,444.81 |
Seller Concessions | $0 |
Total Cost To Close: | $114,341.08 |
The monthly rent on this Property is $4,356.07 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$16,375 | $23,573 | $0 | $0 | $2,211 | $42,159 | |
$16,375 | $7,745 | $12,356 | $1,577 | $3,518 | $41,570 | |
$16,375 | $4,001 | $9,323 | $1,939 | $3,817 | $35,456 | |
$16,375 | -$1,755 | $6,941 | $2,409 | $4,197 | $28,166 | |
$16,375 | -$7,473 | $5,237 | $2,963 | $4,655 | $21,756 | |
$16,371 | -$8,452 | $4,044 | $3,367 | $4,773 | $20,104 | |
Totals: | $98,245 | $17,639 | $37,901 | $12,255 | $23,171 | $189,211 |
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 $6,000 and a Ideal Target Monthly Income in Retirement™ of $9,000 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
- 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
- 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
- Paid Off Mortgage
- Final Month Summary
Reports