The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Tampa, Florida Rental Property 6 Property
Bought in Month 456
We have a Rule that has you buying the Typical 25% 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 456 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Tampa, Florida Rental Property 6 Property, we're assuming you're getting a 25% down payment loan. With a $1,112,053.95 purchase price that means you need to have $278,013.49 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($11,120.54) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $278,013.49 |
Rent Ready Costs | $0 |
Closing Costs | $11,120.54 |
Seller Concessions | $0 |
Total Cost To Close: | $289,134.03 |
The monthly rent on this Property is $7,085.28 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$33,444 | $46,492 | $0 | $0 | $3,043 | $82,980 | |
$33,444 | $12,200 | $20,538 | $3,554 | $5,720 | $75,457 | |
$33,444 | $4,489 | $15,769 | $4,371 | $6,337 | $64,410 | |
$33,444 | -$3,709 | $12,692 | $5,181 | $6,944 | $54,551 | |
$33,444 | -$13,319 | $10,215 | $6,141 | $7,664 | $44,144 | |
$33,437 | -$13,133 | $8,125 | $6,877 | $7,813 | $43,120 | |
Totals: | $200,657 | $33,020 | $67,340 | $26,124 | $37,522 | $364,662 |
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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports