The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Overland Park, Kansas Rental Property 7 Property
Bought in Month 729
We have a Rule that has you buying the Typical 25% Down Payment Overland Park, Kansas 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 729 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Overland Park, Kansas Rental Property 7 Property, we're assuming you're getting a 25% down payment loan. With a $2,265,596.24 purchase price that means you need to have $566,399.06 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($22,655.96) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $566,399.06 |
Rent Ready Costs | $0 |
Closing Costs | $22,655.96 |
Seller Concessions | $0 |
Total Cost To Close: | $589,055.02 |
The monthly rent on this Property is $13,489.28 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$68,136 | $67,170 | $0 | $0 | $7,282 | $142,588 | |
$68,136 | $67,170 | $0 | $0 | $7,282 | $142,588 | |
$68,136 | $68,580 | $0 | $0 | $7,295 | $144,010 | |
$68,136 | -$3,047 | $40,167 | $7,476 | $12,931 | $125,662 | |
$68,136 | -$25,051 | $28,958 | $9,659 | $14,567 | $96,269 | |
$68,136 | -$42,016 | $22,444 | $11,792 | $16,205 | $76,562 | |
$68,122 | -$53,186 | $16,553 | $14,012 | $17,036 | $62,536 | |
Totals: | $476,935 | $79,620 | $108,122 | $42,940 | $82,598 | $790,214 |
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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports