The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Fort Lauderdale, Florida Rental Property 8 Property
Bought in Month 686
We have a Rule that has you buying the Typical 20% Down Payment Fort Lauderdale, Florida Rental Property 8 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 686 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Fort Lauderdale, Florida Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $2,617,400.46 purchase price that means you need to have $523,480.09 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($26,174) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $523,480.09 |
Rent Ready Costs | $0 |
Closing Costs | $26,174 |
Seller Concessions | $0 |
Total Cost To Close: | $549,654.10 |
The monthly rent on this Property is $16,651.03 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$78,716 | $109,031 | $0 | $0 | $7,092 | $194,839 | |
$78,716 | $107,722 | $0 | $0 | $7,080 | $193,517 | |
$78,716 | $105,560 | $0 | $0 | $7,061 | $191,336 | |
$78,716 | $15,697 | $49,229 | $8,701 | $14,250 | $166,593 | |
$78,716 | $1,385 | $40,258 | $10,087 | $15,395 | $145,840 | |
$78,716 | -$22,563 | $30,375 | $12,406 | $17,310 | $116,245 | |
$78,716 | -$38,643 | $25,860 | $13,963 | $18,597 | $98,492 | |
$78,700 | -$47,680 | $19,440 | $16,187 | $19,320 | $85,967 | |
Totals: | $629,709 | $230,509 | $165,162 | $61,346 | $106,103 | $1,192,830 |
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 $12,000 and a Ideal Target Monthly Income in Retirement™ of $18,000 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
- 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
- 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