The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Miami, Florida Rental Property 7 Property
Bought in Month 813
We have a Rule that has you buying the Typical 25% Down Payment Miami, Florida Rental Property 7 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 813 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 7 Property, we're assuming you're getting a 25% down payment loan. With a $3,704,429.38 purchase price that means you need to have $926,107.35 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($37,044.29) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $926,107.35 |
Rent Ready Costs | $0 |
Closing Costs | $37,044.29 |
Seller Concessions | $0 |
Total Cost To Close: | $963,151.64 |
The monthly rent on this Property is $20,175.06 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$111,407 | $109,281 | $0 | $0 | $10,093 | $230,781 | |
$111,407 | $111,379 | $0 | $0 | $10,112 | $232,898 | |
$111,407 | $112,436 | $0 | $0 | $10,121 | $233,964 | |
$111,407 | -$1,918 | $68,850 | $11,781 | $18,989 | $209,108 | |
$111,407 | -$35,147 | $48,403 | $15,524 | $21,834 | $162,021 | |
$111,407 | -$74,584 | $36,353 | $19,425 | $24,756 | $117,357 | |
$111,384 | -$86,516 | $27,066 | $22,910 | $26,037 | $100,881 | |
Totals: | $779,826 | $134,930 | $180,672 | $69,640 | $121,941 | $1,287,008 |
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