The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Boston, Massachusetts Rental Property 1 Property
Bought in Month 148
We have a Rule that has you buying the Typical 25% Down Payment Boston, Massachusetts Rental Property 1 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 148 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Boston, Massachusetts Rental Property 1 Property, we're assuming you're getting a 25% down payment loan. With a $976,976.98 purchase price that means you need to have $244,244.25 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($9,769.77) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $244,244.25 |
Rent Ready Costs | $0 |
Closing Costs | $9,769.77 |
Seller Concessions | $0 |
Total Cost To Close: | $254,014.01 |
The monthly rent on this Property is $8,144.02 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$29,376 | $23,867 | $7,138 | $6,042 | $5,712 | $72,136 | |
Totals: | $29,376 | $23,867 | $7,138 | $6,042 | $5,712 | $72,136 |
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 $14,000 and a Ideal Target Monthly Income in Retirement™ of $21,000 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
- Achieved Financial Independence Goal
- Achieved Ideal Financial Independence Goal
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports