The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Evansville, Indiana Rental Property 6 Property
Bought in Month 383
We have a Rule that has you buying the Typical 20% Down Payment Evansville, Indiana 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 383 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Evansville, Indiana Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $401,499.14 purchase price that means you need to have $80,299.83 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($4,014.99) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $80,299.83 |
Rent Ready Costs | $0 |
Closing Costs | $4,014.99 |
Seller Concessions | $0 |
Total Cost To Close: | $84,314.82 |
The monthly rent on this Property is $2,004.46 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$12,075 | $0 | $0 | $0 | $671 | $12,746 | |
$12,075 | $1,235 | $9,172 | $1,157 | $1,819 | $25,459 | |
$12,075 | -$1,244 | $7,426 | $1,351 | $1,975 | $21,584 | |
$12,075 | -$3,381 | $5,932 | $1,594 | $2,179 | $18,398 | |
$12,075 | -$6,606 | $4,770 | $1,871 | $2,404 | $14,514 | |
$12,075 | -$9,683 | $3,901 | $2,169 | $2,651 | $11,112 | |
$12,072 | -$10,474 | $2,982 | $2,483 | $2,746 | $9,810 | |
Totals: | $84,520 | -$30,152 | $34,183 | $10,624 | $14,446 | $113,622 |
* Denotes a property that had no rent for at least part of the period covered. |
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 $5,000 and a Ideal Target Monthly Income in Retirement™ of $8,000 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
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports