The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Miami, Florida Rental Property 5 Property
Bought in Month 655
We have a Rule that has you buying the Typical 25% Down Payment Miami, Florida Rental Property 5 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 655 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 5 Property, we're assuming you're getting a 25% down payment loan. With a $2,510,139.52 purchase price that means you need to have $627,534.88 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($25,101.40) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $627,534.88 |
Rent Ready Costs | $0 |
Closing Costs | $25,101.40 |
Seller Concessions | $0 |
Total Cost To Close: | $652,636.28 |
The monthly rent on this Property is $13,670.72 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$75,490 | $74,049 | $0 | $0 | $6,839 | $156,378 | |
$75,490 | $75,471 | $0 | $0 | $6,852 | $157,813 | |
$75,490 | -$12,902 | $37,668 | $9,439 | $13,985 | $123,680 | |
$75,490 | -$37,150 | $28,379 | $11,781 | $15,735 | $94,235 | |
$75,475 | -$59,341 | $18,340 | $15,524 | $17,637 | $67,634 | |
Totals: | $377,434 | $40,128 | $84,387 | $36,744 | $61,047 | $599,740 |
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