The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Worcester, Massachusetts Rental Property 9 Property
Bought in Month 614
We have a Rule that has you buying the Typical 20% Down Payment Worcester, 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 614 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Worcester, Massachusetts Rental Property 9 Property, we're assuming you're getting a 20% down payment loan. With a $1,536,540.61 purchase price that means you need to have $307,308.12 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($15,365.41) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $307,308.12 |
Rent Ready Costs | $0 |
Closing Costs | $15,365.41 |
Seller Concessions | $0 |
Total Cost To Close: | $322,673.53 |
The monthly rent on this Property is $9,030.49 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$46,210 | $65,242 | $0 | $0 | $3,273 | $114,725 | |
$46,210 | $65,477 | $0 | $0 | $3,275 | $114,963 | |
$46,210 | $64,305 | $0 | $0 | $3,265 | $113,780 | |
$46,210 | $15,136 | $30,801 | $4,875 | $7,303 | $104,324 | |
$46,210 | $3,149 | $23,633 | $5,922 | $8,157 | $87,071 | |
$46,210 | -$4,526 | $20,120 | $6,665 | $8,771 | $77,239 | |
$46,210 | -$12,953 | $16,844 | $7,595 | $9,550 | $67,245 | |
$46,210 | -$22,889 | $14,582 | $8,443 | $10,240 | $56,587 | |
$46,201 | -$25,654 | $11,412 | $9,503 | $10,462 | $51,923 | |
Totals: | $415,880 | $147,287 | $117,392 | $43,002 | $64,296 | $787,856 |
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 $8,000 and a Ideal Target Monthly Income in Retirement™ of $12,000 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
- 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- 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