The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Baton Rouge, Louisiana Rental Property 8 Property
Bought in Month 384
We have a Rule that has you buying the Typical 25% Down Payment Baton Rouge, Louisiana 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 384 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Baton Rouge, Louisiana Rental Property 8 Property, we're assuming you're getting a 25% down payment loan. With a $537,402.53 purchase price that means you need to have $134,350.63 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($5,374.03) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $134,350.63 |
Rent Ready Costs | $0 |
Closing Costs | $5,374.03 |
Seller Concessions | $0 |
Total Cost To Close: | $139,724.66 |
The monthly rent on this Property is $3,892.04 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$16,162 | $0 | $0 | $0 | $1,332 | $17,494 | |
$16,162 | $10,223 | $10,942 | $1,591 | $2,906 | $41,824 | |
$16,162 | $7,590 | $9,175 | $1,827 | $3,080 | $37,834 | |
$16,162 | $5,536 | $7,839 | $2,066 | $3,263 | $34,866 | |
$16,162 | $2,011 | $6,677 | $2,343 | $3,464 | $30,656 | |
$16,162 | $292 | $5,814 | $2,611 | $3,673 | $28,551 | |
$16,162 | -$3,072 | $5,127 | $2,881 | $3,870 | $24,968 | |
$16,162 | -$5,593 | $4,578 | $3,148 | $4,072 | $22,366 | |
$16,159 | -$3,684 | $3,926 | $3,324 | $4,010 | $23,734 | |
$13,498 | -$3,444 | $3,210 | $2,783 | $3,311 | $19,358 | |
Totals: | $158,951 | $9,859 | $57,288 | $22,573 | $32,981 | $281,652 |
* 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
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports