The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Jacksonville, Florida Rental Property 7 Property
Bought in Month 658
We have a Rule that has you buying the Typical 25% Down Payment Jacksonville, Florida 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 658 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Jacksonville, Florida Rental Property 7 Property, we're assuming you're getting a 25% down payment loan. With a $1,346,620.44 purchase price that means you need to have $336,655.11 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($13,466.20) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $336,655.11 |
Rent Ready Costs | $0 |
Closing Costs | $13,466.20 |
Seller Concessions | $0 |
Total Cost To Close: | $350,121.31 |
The monthly rent on this Property is $6,780.12 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$40,498 | $0 | $0 | $0 | $2,905 | $43,404 | |
$40,498 | $36,132 | $0 | $0 | $3,549 | $80,180 | |
$40,498 | $36,132 | $0 | $0 | $3,549 | $80,180 | |
$40,498 | -$6,566 | $24,101 | $4,411 | $6,871 | $69,315 | |
$40,498 | -$13,083 | $19,830 | $5,139 | $7,423 | $59,807 | |
$40,498 | -$20,617 | $16,163 | $6,031 | $8,105 | $50,180 | |
$40,498 | -$31,766 | $13,257 | $7,044 | $8,856 | $37,888 | |
$40,490 | -$36,161 | $9,839 | $8,328 | $9,333 | $31,829 | |
Totals: | $323,978 | -$35,929 | $83,188 | $30,953 | $50,592 | $452,782 |
* Denotes a property that had no rent for at least part of the period covered. |
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 $7,000 and a Ideal Target Monthly Income in Retirement™ of $11,000 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
- 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
- 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports