The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Sandy Springs, Georgia Rental Property 6 Property
Bought in Month 935
We have a Rule that has you buying the Typical 20% Down Payment Sandy Springs, Georgia 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 935 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Sandy Springs, Georgia Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $7,111,487.31 purchase price that means you need to have $1,422,297.46 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($71,114.87) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $1,422,297.46 |
Rent Ready Costs | $0 |
Closing Costs | $71,114.87 |
Seller Concessions | $0 |
Total Cost To Close: | $1,493,412.34 |
The monthly rent on this Property is $30,915.43 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$213,871 | $195,613 | $0 | $0 | $13,355 | $422,839 | |
$213,871 | $197,225 | $0 | $0 | $13,370 | $424,465 | |
$213,871 | $200,471 | $0 | $0 | $13,398 | $427,741 | |
$213,871 | -$67,737 | $122,178 | $25,268 | $34,210 | $327,790 | |
$213,871 | -$137,349 | $88,551 | $32,008 | $39,779 | $236,860 | |
$213,828 | -$216,598 | $52,820 | $43,981 | $46,764 | $140,794 | |
Totals: | $1,283,181 | $171,625 | $263,549 | $101,257 | $160,876 | $1,980,488 |
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 $16,000 and a Ideal Target Monthly Income in Retirement™ of $24,000 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
- 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
- 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
- Final Month Summary
Reports