The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Minneapolis, Minnesota Rental Property 10 Property
Bought in Month 794
We have a Rule that has you buying the Typical 20% Down Payment Minneapolis, Minnesota 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 794 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $2,210,613.84 purchase price that means you need to have $442,122.77 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($22,106.14) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $442,122.77 |
Rent Ready Costs | $0 |
Closing Costs | $22,106.14 |
Seller Concessions | $0 |
Total Cost To Close: | $464,228.91 |
The monthly rent on this Property is $14,809.69 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$66,482 | $109,738 | $0 | $0 | $5,321 | $181,541 | |
$66,482 | $106,260 | $0 | $0 | $5,290 | $178,032 | |
$66,482 | $107,026 | $0 | $0 | $5,297 | $178,805 | |
$66,482 | $106,260 | $0 | $0 | $5,290 | $178,032 | |
$66,482 | $106,260 | $0 | $0 | $5,290 | $178,032 | |
$66,482 | $106,260 | $0 | $0 | $5,290 | $178,032 | |
$66,482 | $40,791 | $50,844 | $6,339 | $10,528 | $174,984 | |
$66,482 | $36,804 | $46,913 | $6,726 | $10,846 | $167,770 | |
$66,482 | $28,086 | $39,939 | $7,570 | $11,544 | $153,620 | |
$66,469 | -$23,164 | $16,419 | $13,672 | $15,644 | $89,039 | |
Totals: | $664,806 | $724,320 | $154,115 | $34,306 | $80,339 | $1,657,887 |
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
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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports