The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Naperville, Illinois Rental Property 7 Property
Bought in Month 465
We have a Rule that has you buying the Typical 20% Down Payment Naperville, Illinois 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 465 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Naperville, Illinois Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $1,420,885.50 purchase price that means you need to have $284,177.10 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,208.86) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $284,177.10 |
Rent Ready Costs | $0 |
Closing Costs | $14,208.86 |
Seller Concessions | $0 |
Total Cost To Close: | $298,385.96 |
The monthly rent on this Property is $10,701.52 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$42,732 | $71,392 | $0 | $0 | $4,428 | $118,552 | |
$42,732 | $25,914 | $28,674 | $4,486 | $8,142 | $109,947 | |
$42,732 | $16,486 | $22,752 | $5,317 | $8,821 | $96,107 | |
$42,732 | $7,247 | $18,856 | $6,103 | $9,460 | $84,398 | |
$42,732 | -$3,085 | $15,576 | $7,023 | $10,213 | $72,458 | |
$42,732 | -$14,637 | $12,737 | $8,141 | $11,137 | $60,111 | |
$42,723 | -$12,100 | $10,553 | $8,787 | $11,108 | $61,071 | |
Totals: | $299,113 | $91,216 | $109,149 | $39,857 | $63,309 | $602,645 |
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
- 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
- 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
- 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
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports