The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Wichita, Kansas Rental Property 10 Property
Bought in Month 488
We have a Rule that has you buying the Typical 20% Down Payment Wichita, Kansas Rental Property 10 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 488 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $525,560.68 purchase price that means you need to have $105,112.14 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,255.61) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $105,112.14 |
Rent Ready Costs | $0 |
Closing Costs | $5,255.61 |
Seller Concessions | $0 |
Total Cost To Close: | $110,367.74 |
The monthly rent on this Property is $3,833.18 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$15,806 | $22,417 | $0 | $0 | $1,821 | $40,043 | |
$15,806 | $23,022 | $0 | $0 | $1,826 | $40,654 | |
$15,806 | $22,517 | $0 | $0 | $1,822 | $40,144 | |
$15,806 | $5,945 | $11,191 | $1,595 | $3,139 | $37,675 | |
$15,806 | $2,491 | $8,939 | $1,881 | $3,371 | $32,488 | |
$15,806 | -$603 | $7,310 | $2,181 | $3,618 | $28,311 | |
$15,806 | -$4,190 | $5,978 | $2,528 | $3,905 | $24,026 | |
$15,806 | -$6,611 | $5,298 | $2,763 | $4,099 | $21,354 | |
$15,806 | -$9,257 | $4,696 | $3,019 | $4,310 | $18,574 | |
$15,803 | -$8,387 | $3,903 | $3,250 | $4,294 | $18,864 | |
Totals: | $158,054 | $47,343 | $47,315 | $17,217 | $32,204 | $302,132 |
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
- 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports