The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)

Purchased Typical 20% Down Payment Miami, Florida Rental Property 3 Property
Bought in Month 468

We have a Rule that has you buying the Typical 20% Down Payment Miami, Florida Rental Property 3 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 468 after we've adjusted for all the income and expenses for the entire month.

To purchase the Typical 20% Down Payment Miami, Florida Rental Property 3 Property, we're assuming you're getting a 20% down payment loan. With a $1,583,620.48 purchase price that means you need to have $316,724.10 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($15,836.20) minus any seller concessions ($0).

Description Amount
Down Payment $316,724.10
Rent Ready Costs $0
Closing Costs $15,836.20
Seller Concessions $0
Total Cost To Close: $332,560.30

The monthly rent on this Property is $8,624.71 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Typical 20% Down Payment Miami, Florida Rental Property 1 $47,626 $48,745 $0 $0 $4,332 $100,704
Typical 20% Down Payment Miami, Florida Rental Property 2 $47,626 -$16,311 $23,554 $6,255 $9,497 $70,620
Typical 20% Down Payment Miami, Florida Rental Property 3 $47,616 -$44,148 $11,762 $9,794 $11,764 $36,788
Totals: $142,868 -$11,714 $35,316 $16,049 $25,593 $208,112

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  Goal of financial independence, let's look at the Phases of Financial Independence™.

Copy Scenario into my Real Estate Financial Planner™ Software Account

Blueprint™ Menu of Sections

Reports