The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Wichita, Kansas Rental Property 8 Property
Bought in Month 383
We have a Rule that has you buying the Typical 20% Down Payment Wichita, Kansas Rental Property 8 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 Wichita, Kansas Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $405,786.08 purchase price that means you need to have $81,157.22 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($4,057.86) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $81,157.22 |
Rent Ready Costs | $0 |
Closing Costs | $4,057.86 |
Seller Concessions | $0 |
Total Cost To Close: | $85,215.08 |
The monthly rent on this Property is $2,959.60 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$12,204 | $0 | $0 | $0 | $1,127 | $13,330 | |
$12,204 | $5,264 | $9,555 | $1,049 | $2,349 | $30,420 | |
$12,204 | $3,738 | $8,162 | $1,284 | $2,464 | $27,851 | |
$12,204 | $2,880 | $7,018 | $1,435 | $2,595 | $26,131 | |
$12,204 | $200 | $5,915 | $1,627 | $2,747 | $22,692 | |
$12,204 | -$1,605 | $4,870 | $1,877 | $2,960 | $20,305 | |
$12,204 | -$4,062 | $4,160 | $2,107 | $3,150 | $17,558 | |
$12,204 | -$6,971 | $3,662 | $2,314 | $3,314 | $14,523 | |
$12,201 | -$6,216 | $3,014 | $2,510 | $3,315 | $14,824 | |
Totals: | $109,830 | -$6,773 | $46,356 | $14,201 | $24,020 | $187,634 |
* 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
- 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
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports