The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Lowell, Massachusetts Rental Property 6 Property
Bought in Month 449
We have a Rule that has you buying the Typical 20% Down Payment Lowell, Massachusetts Rental Property 6 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 449 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Lowell, Massachusetts Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $1,227,900.95 purchase price that means you need to have $245,580.19 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($12,279.01) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $245,580.19 |
Rent Ready Costs | $0 |
Closing Costs | $12,279.01 |
Seller Concessions | $0 |
Total Cost To Close: | $257,859.20 |
The monthly rent on this Property is $7,122.43 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$36,928 | $55,145 | $0 | $0 | $2,271 | $94,344 | |
$36,928 | $16,113 | $24,368 | $3,924 | $5,526 | $86,860 | |
$36,928 | $6,731 | $18,448 | $4,815 | $6,260 | $73,181 | |
$36,928 | -$5,072 | $14,394 | $5,777 | $7,039 | $59,066 | |
$36,928 | -$16,650 | $11,307 | $6,898 | $7,965 | $46,448 | |
$36,920 | -$16,855 | $9,120 | $7,594 | $8,031 | $44,810 | |
Totals: | $221,560 | $39,414 | $77,637 | $29,009 | $37,091 | $404,709 |
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 $9,000 and a Ideal Target Monthly Income in Retirement™ of $14,000 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
- 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
- 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