The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Ann Arbor, Michigan Rental Property 10 Property
Bought in Month 638
We have a Rule that has you buying the Typical 20% Down Payment Ann Arbor, Michigan 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 638 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Ann Arbor, Michigan Rental Property 10 Property, we're assuming you're getting a 20% down payment loan. With a $2,164,887.12 purchase price that means you need to have $432,977.42 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($21,648.87) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $432,977.42 |
Rent Ready Costs | $0 |
Closing Costs | $21,648.87 |
Seller Concessions | $0 |
Total Cost To Close: | $454,626.30 |
The monthly rent on this Property is $15,631.25 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$65,107 | $104,049 | $0 | $0 | $6,340 | $175,496 | |
$65,107 | $107,332 | $0 | $0 | $6,369 | $178,808 | |
$65,107 | $102,835 | $0 | $0 | $6,329 | $174,271 | |
$65,107 | $32,775 | $44,130 | $6,784 | $11,934 | $160,730 | |
$65,107 | $19,180 | $34,665 | $8,100 | $13,021 | $140,073 | |
$65,107 | $11,422 | $30,723 | $8,852 | $13,642 | $129,746 | |
$65,107 | -$3,137 | $25,124 | $10,261 | $14,807 | $112,162 | |
$65,107 | -$9,591 | $23,181 | $10,886 | $15,323 | $104,907 | |
$65,107 | -$23,701 | $19,735 | $12,253 | $16,452 | $89,845 | |
$65,094 | -$23,912 | $16,079 | $13,389 | $16,469 | $87,119 | |
Totals: | $651,055 | $317,252 | $193,637 | $70,525 | $120,686 | $1,353,154 |
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 $11,000 and a Ideal Target Monthly Income in Retirement™ of $17,000 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
- 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
- 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