The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Olathe, Kansas Rental Property 6 Property
Bought in Month 512
We have a Rule that has you buying the Typical 20% Down Payment Olathe, Kansas 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 512 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Olathe, Kansas Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $1,175,436.84 purchase price that means you need to have $235,087.37 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($11,754.37) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $235,087.37 |
Rent Ready Costs | $0 |
Closing Costs | $11,754.37 |
Seller Concessions | $0 |
Total Cost To Close: | $246,841.74 |
The monthly rent on this Property is $7,708.10 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$35,350 | $0 | $0 | $0 | $3,217 | $38,567 | |
$35,350 | $41,752 | $0 | $0 | $3,945 | $81,047 | |
$35,350 | $1,602 | $21,960 | $3,927 | $7,193 | $70,032 | |
$35,350 | -$9,597 | $16,185 | $4,914 | $8,000 | $54,852 | |
$35,350 | -$17,624 | $13,191 | $5,710 | $8,660 | $45,288 | |
$35,350 | -$24,950 | $11,155 | $6,459 | $9,281 | $37,295 | |
$35,343 | -$27,361 | $8,730 | $7,269 | $9,474 | $33,456 | |
Totals: | $247,443 | -$36,178 | $71,223 | $28,280 | $49,770 | $360,538 |
* 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 $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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports