The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Jacksonville, Florida Rental Property 4 Property
Bought in Month 434
We have a Rule that has you buying the Typical 25% Down Payment Jacksonville, Florida Rental Property 4 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 434 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 4 Property, we're assuming you're getting a 25% down payment loan. With a $775,562.87 purchase price that means you need to have $193,890.72 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,755.63) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $193,890.72 |
Rent Ready Costs | $0 |
Closing Costs | $7,755.63 |
Seller Concessions | $0 |
Total Cost To Close: | $201,646.35 |
The monthly rent on this Property is $3,904.89 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$23,324 | $19,994 | $0 | $0 | $2,037 | $45,355 | |
$23,324 | -$3,333 | $13,837 | $2,547 | $3,966 | $40,341 | |
$23,324 | -$11,532 | $9,397 | $3,448 | $4,649 | $29,287 | |
$23,320 | -$21,506 | $5,666 | $4,797 | $5,357 | $17,633 | |
Totals: | $93,292 | -$16,378 | $28,900 | $10,791 | $16,009 | $132,616 |
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
- 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
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports