The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Coral Springs, Florida Rental Property 10 Property
Bought in Month 662
We have a Rule that has you buying the Typical 20% Down Payment Coral Springs, 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 662 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Coral Springs, Florida Rental Property 10 Property, we're assuming you're getting a 20% down payment loan. With a $2,665,257.70 purchase price that means you need to have $533,051.54 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($26,652.58) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $533,051.54 |
Rent Ready Costs | $0 |
Closing Costs | $26,652.58 |
Seller Concessions | $0 |
Total Cost To Close: | $559,704.12 |
The monthly rent on this Property is $19,257.90 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$80,155 | $126,127 | $0 | $0 | $8,020 | $214,302 | |
$80,155 | $129,670 | $0 | $0 | $8,052 | $217,877 | |
$80,155 | $124,129 | $0 | $0 | $8,003 | $212,287 | |
$80,155 | $37,876 | $54,330 | $8,352 | $14,903 | $195,616 | |
$80,155 | $23,104 | $41,547 | $10,171 | $16,442 | $171,419 | |
$80,155 | $8,212 | $36,332 | $11,224 | $17,276 | $153,200 | |
$80,155 | -$5,453 | $30,417 | $12,790 | $18,591 | $136,500 | |
$80,155 | -$18,434 | $27,414 | $13,804 | $19,408 | $122,347 | |
$80,155 | -$36,327 | $23,338 | $15,537 | $20,839 | $103,543 | |
$80,139 | -$31,913 | $19,796 | $16,483 | $20,486 | $104,991 | |
Totals: | $801,533 | $356,993 | $233,174 | $88,362 | $152,019 | $1,632,081 |
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 $13,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 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
- 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
- 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