The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Lowell, Massachusetts Rental Property 8 Property
Bought in Month 541
We have a Rule that has you buying the Typical 20% Down Payment Lowell, Massachusetts 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 541 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 8 Property, we're assuming you're getting a 20% down payment loan. With a $1,540,217.52 purchase price that means you need to have $308,043.50 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($15,402.18) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $308,043.50 |
Rent Ready Costs | $0 |
Closing Costs | $15,402.18 |
Seller Concessions | $0 |
Total Cost To Close: | $323,445.68 |
The monthly rent on this Property is $8,934.02 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$46,320 | $69,168 | $0 | $0 | $2,848 | $118,336 | |
$46,320 | $71,045 | $0 | $0 | $2,865 | $120,230 | |
$46,320 | $21,086 | $31,502 | $4,815 | $6,840 | $110,564 | |
$46,320 | $8,810 | $24,580 | $5,777 | $7,615 | $93,103 | |
$46,320 | -$2,768 | $19,308 | $6,898 | $8,541 | $78,300 | |
$46,320 | -$9,257 | $16,941 | $7,594 | $9,122 | $70,720 | |
$46,320 | -$21,773 | $13,993 | $8,739 | $10,061 | $57,341 | |
$46,311 | -$19,186 | $11,440 | $9,525 | $10,083 | $58,174 | |
Totals: | $370,554 | $117,126 | $117,764 | $43,348 | $57,975 | $706,768 |
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