The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Metairie, Louisiana Rental Property 8 Property
Bought in Month 399
We have a Rule that has you buying the Typical 20% Down Payment Metairie, 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 399 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Metairie, Louisiana Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $794,640.54 purchase price that means you need to have $158,928.11 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,946.41) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $158,928.11 |
Rent Ready Costs | $0 |
Closing Costs | $7,946.41 |
Seller Concessions | $0 |
Total Cost To Close: | $166,874.51 |
The monthly rent on this Property is $5,877.28 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$23,898 | $0 | $0 | $0 | $1,918 | $25,816 | |
$23,898 | $14,158 | $17,149 | $2,388 | $4,449 | $62,042 | |
$23,898 | $10,484 | $13,883 | $2,789 | $4,785 | $55,838 | |
$23,898 | $5,241 | $11,701 | $3,162 | $5,081 | $49,083 | |
$23,898 | $2,669 | $10,130 | $3,516 | $5,382 | $45,594 | |
$23,898 | -$698 | $8,978 | $3,841 | $5,652 | $41,671 | |
$23,898 | -$6,078 | $7,877 | $4,229 | $5,959 | $35,885 | |
$23,898 | -$10,128 | $6,982 | $4,621 | $6,283 | $31,656 | |
$23,893 | -$8,832 | $5,902 | $4,914 | $6,193 | $32,071 | |
$2,014 | $3,219 | $0 | $421 | $211 | $5,864 | |
Totals: | $217,091 | $10,035 | $82,601 | $29,881 | $45,914 | $385,522 |
* 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 $8,000 and a Ideal Target Monthly Income in Retirement™ of $12,000 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
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports