The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Quincy, Massachusetts Rental Property 9 Property
Bought in Month 622
We have a Rule that has you buying the Typical 25% Down Payment Quincy, Massachusetts Rental Property 9 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 622 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Quincy, Massachusetts Rental Property 9 Property, we're assuming you're getting a 25% down payment loan. With a $2,806,910.27 purchase price that means you need to have $701,727.57 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($28,069.10) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $701,727.57 |
Rent Ready Costs | $0 |
Closing Costs | $28,069.10 |
Seller Concessions | $0 |
Total Cost To Close: | $729,796.67 |
The monthly rent on this Property is $15,875.48 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$84,415 | $123,399 | $0 | $0 | $5,059 | $212,873 | |
$84,415 | $125,062 | $0 | $0 | $5,074 | $214,551 | |
$84,415 | $38,725 | $51,841 | $8,971 | $11,833 | $195,785 | |
$84,415 | $22,130 | $41,464 | $10,685 | $13,124 | $171,818 | |
$84,415 | $10,547 | $34,766 | $12,266 | $14,347 | $156,341 | |
$84,415 | -$4,776 | $30,655 | $13,536 | $15,276 | $139,107 | |
$84,415 | -$16,760 | $27,545 | $14,718 | $16,162 | $126,081 | |
$84,415 | -$29,679 | $24,673 | $16,044 | $17,159 | $112,612 | |
$84,398 | -$25,423 | $20,508 | $17,359 | $17,113 | $113,955 | |
Totals: | $759,718 | $243,226 | $231,453 | $93,579 | $115,147 | $1,443,123 |
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 $13,000 and a Ideal Target Monthly Income in Retirement™ of $20,000 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- 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
- Final Month Summary
Reports