The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment New Bedford, Massachusetts Rental Property 10 Property
Bought in Month 866
We have a Rule that has you buying the Typical 20% Down Payment New Bedford, Massachusetts Rental Property 10 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 866 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $2,804,205.46 purchase price that means you need to have $560,841.09 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($28,042.05) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $560,841.09 |
Rent Ready Costs | $0 |
Closing Costs | $28,042.05 |
Seller Concessions | $0 |
Total Cost To Close: | $588,883.15 |
The monthly rent on this Property is $16,357.28 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$84,334 | $123,654 | $0 | $0 | $5,340 | $213,327 | |
$84,334 | $123,654 | $0 | $0 | $5,340 | $213,327 | |
$84,334 | $123,654 | $0 | $0 | $5,340 | $213,327 | |
$84,334 | $123,654 | $0 | $0 | $5,340 | $213,327 | |
$84,334 | $123,654 | $0 | $0 | $5,340 | $213,327 | |
$84,334 | $123,654 | $0 | $0 | $5,340 | $213,327 | |
$84,334 | $43,024 | $67,145 | $3,904 | $11,790 | $210,196 | |
$84,334 | $32,905 | $57,162 | $8,787 | $12,600 | $195,788 | |
$84,334 | $21,515 | $48,665 | $9,890 | $13,511 | $177,914 | |
$84,317 | -$40,523 | $20,828 | $17,343 | $18,474 | $100,438 | |
Totals: | $843,319 | $798,846 | $193,799 | $39,924 | $88,411 | $1,964,300 |
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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports