The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment New Bedford, Massachusetts Rental Property 7 Property
Bought in Month 445
We have a Rule that has you buying the Typical 25% Down Payment New Bedford, Massachusetts Rental Property 7 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 445 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment New Bedford, Massachusetts Rental Property 7 Property, we're assuming you're getting a 25% down payment loan. With a $994,116.31 purchase price that means you need to have $248,529.08 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($9,941.16) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $248,529.08 |
Rent Ready Costs | $0 |
Closing Costs | $9,941.16 |
Seller Concessions | $0 |
Total Cost To Close: | $258,470.24 |
The monthly rent on this Property is $5,798.80 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$29,897 | $45,507 | $0 | $0 | $1,908 | $77,311 | |
$29,897 | $15,779 | $19,067 | $3,085 | $4,232 | $72,059 | |
$29,897 | $9,997 | $15,298 | $3,665 | $4,667 | $63,524 | |
$29,897 | $4,381 | $12,746 | $4,228 | $5,090 | $56,343 | |
$29,897 | -$2,085 | $10,654 | $4,865 | $5,567 | $48,899 | |
$29,897 | -$9,399 | $8,821 | $5,640 | $6,152 | $41,112 | |
$29,891 | -$7,726 | $7,263 | $6,148 | $6,166 | $41,743 | |
Totals: | $209,273 | $56,454 | $73,850 | $27,632 | $33,781 | $400,991 |
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