The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Clearwater, Florida Rental Property 10 Property
Bought in Month 436
We have a Rule that has you buying the Typical 20% Down Payment Clearwater, Florida Rental Property 10 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 436 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Clearwater, Florida Rental Property 10 Property, we're assuming you're getting a 20% down payment loan. With a $946,424.65 purchase price that means you need to have $189,284.93 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($9,464.25) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $189,284.93 |
Rent Ready Costs | $0 |
Closing Costs | $9,464.25 |
Seller Concessions | $0 |
Total Cost To Close: | $198,749.18 |
The monthly rent on this Property is $7,357.83 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$28,463 | $52,683 | $0 | $0 | $2,671 | $83,817 | |
$28,463 | $24,053 | $20,770 | $2,809 | $4,996 | $81,090 | |
$28,463 | $20,747 | $17,505 | $3,185 | $5,311 | $75,212 | |
$28,463 | $15,910 | $15,256 | $3,524 | $5,579 | $68,732 | |
$28,463 | $11,343 | $12,988 | $3,966 | $5,945 | $62,705 | |
$28,463 | $7,545 | $11,511 | $4,334 | $6,248 | $58,101 | |
$28,463 | $3,395 | $10,202 | $4,736 | $6,580 | $53,376 | |
$28,463 | -$1,140 | $9,042 | $5,175 | $6,943 | $48,483 | |
$28,463 | -$4,395 | $8,343 | $5,490 | $7,204 | $45,104 | |
$28,457 | -$2,828 | $7,029 | $5,853 | $7,112 | $45,623 | |
Totals: | $284,622 | $127,312 | $112,647 | $39,072 | $58,590 | $622,244 |
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 $8,000 and a Ideal Target Monthly Income in Retirement™ of $12,000 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
- 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
- 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
- Paid Off Mortgage
- Final Month Summary
Reports