The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)

Purchased Typical 20% Down Payment Minneapolis, Minnesota Rental Property 8 Property
Bought in Month 506

We have a Rule that has you buying the Typical 20% Down Payment Minneapolis, Minnesota Rental Property 8 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 20% Down Payment Minneapolis, Minnesota Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $1,087,475.53 purchase price that means you need to have $217,495.11 for down payment.

The total cost to close must also include the rent ready costs ($0) and closing costs ($10,874.76) minus any seller concessions ($0).

Description Amount
Down Payment $217,495.11
Rent Ready Costs $0
Closing Costs $10,874.76
Seller Concessions $0
Total Cost To Close: $228,369.86

The monthly rent on this Property is $7,285.38 per month.

Return in Dollars + Reserves

Property Appreciation Cash Flow Debt Paydown Cash Flow from Deprec.™ +12 Mos Reserves @ 8% RID+R12™ Total
Typical 20% Down Payment Minneapolis, Minnesota Rental Property 1 $32,705 $53,984 $0 $0 $2,618 $89,306
Typical 20% Down Payment Minneapolis, Minnesota Rental Property 2 $32,705 $52,273 $0 $0 $2,602 $87,580
Typical 20% Down Payment Minneapolis, Minnesota Rental Property 3 $32,705 $16,222 $21,151 $3,527 $5,520 $79,125
Typical 20% Down Payment Minneapolis, Minnesota Rental Property 4 $32,705 $7,692 $16,067 $4,317 $6,169 $66,949
Typical 20% Down Payment Minneapolis, Minnesota Rental Property 5 $32,705 -$959 $12,620 $5,154 $6,861 $56,381
Typical 20% Down Payment Minneapolis, Minnesota Rental Property 6 $32,705 -$5,895 $11,185 $5,632 $7,256 $50,883
Typical 20% Down Payment Minneapolis, Minnesota Rental Property 7 $32,705 -$13,196 $9,522 $6,339 $7,840 $43,210
Typical 20% Down Payment Minneapolis, Minnesota Rental Property 8 $32,698 -$11,395 $8,077 $6,726 $7,696 $43,801
Totals: $261,631 $98,724 $78,623 $31,696 $46,561 $517,235

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  Goal of financial independence, let's look at the Phases of Financial Independence™.

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