The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Metairie, Louisiana Rental Property 9 Property
Bought in Month 498
We have a Rule that has you buying the Typical 20% Down Payment Metairie, Louisiana Rental Property 9 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 498 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 9 Property, we're assuming you're getting a 20% down payment loan. With a $1,014,093.09 purchase price that means you need to have $202,818.62 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($10,140.93) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $202,818.62 |
Rent Ready Costs | $0 |
Closing Costs | $10,140.93 |
Seller Concessions | $0 |
Total Cost To Close: | $212,959.55 |
The monthly rent on this Property is $7,500.39 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$30,498 | $49,939 | $0 | $0 | $3,164 | $83,601 | |
$30,498 | $48,757 | $0 | $0 | $3,154 | $82,409 | |
$30,498 | $17,943 | $22,329 | $3,003 | $5,636 | $79,409 | |
$30,498 | $11,404 | $17,836 | $3,542 | $6,073 | $69,353 | |
$30,498 | $4,307 | $14,011 | $4,229 | $6,640 | $59,685 | |
$30,498 | -$2,649 | $11,457 | $4,902 | $7,197 | $51,406 | |
$30,498 | -$5,112 | $10,223 | $5,331 | $7,568 | $48,507 | |
$30,498 | -$12,473 | $9,000 | $5,854 | $7,983 | $40,861 | |
$30,492 | -$10,814 | $7,532 | $6,272 | $7,919 | $41,400 | |
Totals: | $274,474 | $101,302 | $92,388 | $33,132 | $55,334 | $556,630 |
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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Final Month Summary
Reports