The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Tampa, Florida Rental Property 6 Property
Bought in Month 535
We have a Rule that has you buying the Typical 20% Down Payment Tampa, Florida Rental Property 6 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 535 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Tampa, Florida Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $1,350,944.74 purchase price that means you need to have $270,188.95 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($13,509.45) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $270,188.95 |
Rent Ready Costs | $0 |
Closing Costs | $13,509.45 |
Seller Concessions | $0 |
Total Cost To Close: | $283,698.40 |
The monthly rent on this Property is $8,607.33 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$40,628 | $56,483 | $0 | $0 | $3,697 | $100,808 | |
$40,628 | $55,351 | $0 | $0 | $3,687 | $99,667 | |
$40,628 | $7,045 | $24,820 | $4,569 | $7,452 | $84,515 | |
$40,628 | -$7,336 | $17,279 | $5,962 | $8,603 | $65,136 | |
$40,628 | -$17,143 | $14,130 | $6,912 | $9,387 | $53,914 | |
$40,620 | -$23,999 | $10,034 | $8,355 | $10,035 | $45,045 | |
Totals: | $243,762 | $70,401 | $66,263 | $25,797 | $42,862 | $449,086 |
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 $9,000 and a Ideal Target Monthly Income in Retirement™ of $14,000 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports