The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment New Bedford, Massachusetts Rental Property 6 Property
Bought in Month 397
We have a Rule that has you buying the Typical 20% Down Payment New Bedford, 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 397 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment New Bedford, Massachusetts Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $883,259.46 purchase price that means you need to have $176,651.89 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($8,832.59) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $176,651.89 |
Rent Ready Costs | $0 |
Closing Costs | $8,832.59 |
Seller Concessions | $0 |
Total Cost To Close: | $185,484.49 |
The monthly rent on this Property is $5,152.16 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$26,563 | $0 | $0 | $0 | $1,202 | $27,765 | |
$26,563 | $10,358 | $17,885 | $2,781 | $3,981 | $61,568 | |
$26,563 | $5,128 | $13,723 | $3,379 | $4,483 | $53,276 | |
$26,563 | -$1,873 | $11,035 | $3,966 | $4,959 | $44,651 | |
$26,563 | -$8,363 | $8,964 | $4,620 | $5,502 | $37,287 | |
$26,563 | -$15,956 | $7,404 | $5,316 | $6,074 | $29,403 | |
$26,558 | -$11,313 | $6,560 | $5,463 | $5,835 | $33,102 | |
Totals: | $185,937 | -$22,019 | $65,571 | $25,525 | $32,037 | $287,051 |
* 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 $7,000 and a Ideal Target Monthly Income in Retirement™ of $11,000 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
- 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports