The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Miami, Florida Rental Property 9 Property
Bought in Month 860
We have a Rule that has you buying the Typical 25% Down Payment Miami, Florida Rental Property 9 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 860 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Miami, Florida Rental Property 9 Property, we're assuming you're getting a 25% down payment loan. With a $4,159,110.41 purchase price that means you need to have $1,039,777.60 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($41,591.10) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,039,777.60 |
Rent Ready Costs | $0 |
Closing Costs | $41,591.10 |
Seller Concessions | $0 |
Total Cost To Close: | $1,081,368.71 |
The monthly rent on this Property is $22,651.34 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$125,081 | $0 | $0 | $0 | $9,217 | $134,298 | |
$125,081 | $122,109 | $0 | $0 | $11,327 | $258,517 | |
$125,081 | $126,832 | $0 | $0 | $11,368 | $263,282 | |
$125,081 | $125,643 | $0 | $0 | $11,358 | $262,082 | |
$125,081 | $6,809 | $81,290 | $12,716 | $20,970 | $246,867 | |
$125,081 | -$16,725 | $65,018 | $15,146 | $22,800 | $211,321 | |
$125,081 | -$34,070 | $55,380 | $17,174 | $24,347 | $187,911 | |
$125,081 | -$72,400 | $43,878 | $20,607 | $26,887 | $144,054 | |
$125,081 | -$96,812 | $37,728 | $23,194 | $28,840 | $118,031 | |
$125,056 | -$97,754 | $30,388 | $25,722 | $29,230 | $112,641 | |
Totals: | $1,250,785 | $63,633 | $313,682 | $114,559 | $196,344 | $1,939,004 |
* 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 $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
- 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
- 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
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports