The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Miami, Florida Rental Property 1 Property
Bought in Month 123
We have a Rule that has you buying the Typical 25% Down Payment Miami, Florida Rental Property 1 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 123 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 1 Property, we're assuming you're getting a 25% down payment loan. With a $676,987.89 purchase price that means you need to have $169,246.97 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($6,769.88) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $169,246.97 |
Rent Ready Costs | $0 |
Closing Costs | $6,769.88 |
Seller Concessions | $0 |
Total Cost To Close: | $176,016.85 |
The monthly rent on this Property is $3,687.01 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$20,356 | -$16,298 | $4,946 | $4,187 | $4,746 | $17,937 | |
Totals: | $20,356 | -$16,298 | $4,946 | $4,187 | $4,746 | $17,937 |
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
- 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Final Month Summary
Reports