The Real Estate Financial Planner Blueprint™
04 1 5% Down Primary Then 9 25% Down Rental Properties
Purchased Typical 25% Down Payment Worcester, Massachusetts Rental Property 9 Property
Bought in Month 506
We have a Rule that has you buying the Typical 25% 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 506 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Worcester, Massachusetts Rental Property 9 Property, we're assuming you're getting a 25% down payment loan. With a $1,177,630.43 purchase price that means you need to have $294,407.61 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($11,776.30) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $294,407.61 |
Rent Ready Costs | $0 |
Closing Costs | $11,776.30 |
Seller Concessions | $0 |
Total Cost To Close: | $306,183.91 |
The monthly rent on this Property is $6,921.12 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$35,416 | $0 | $0 | $0 | $1,858 | $37,274 | |
$35,416 | $49,284 | $0 | $0 | $2,502 | $87,203 | |
$35,416 | $14,546 | $22,234 | $3,699 | $5,297 | $81,193 | |
$35,416 | $9,545 | $18,009 | $4,363 | $5,810 | $73,142 | |
$35,416 | $2,537 | $15,243 | $4,972 | $6,258 | $64,426 | |
$35,416 | -$1,334 | $13,231 | $5,554 | $6,712 | $59,579 | |
$35,416 | -$6,445 | $12,039 | $5,980 | $7,024 | $54,015 | |
$35,416 | -$9,751 | $11,024 | $6,407 | $7,353 | $50,450 | |
$35,416 | -$13,361 | $10,126 | $6,848 | $7,691 | $46,720 | |
$35,409 | -$13,730 | $8,604 | $7,283 | $7,543 | $45,110 | |
Totals: | $354,153 | $31,291 | $110,510 | $45,108 | $58,049 | $599,111 |
* 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 $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
- 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
- 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