The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Minneapolis, Minnesota Rental Property 9 Property
Bought in Month 442
We have a Rule that has you buying the Typical 25% Down Payment Minneapolis, Minnesota 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 442 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Minneapolis, Minnesota Rental Property 9 Property, we're assuming you're getting a 25% down payment loan. With a $928,868.62 purchase price that means you need to have $232,217.16 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($9,288.69) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $232,217.16 |
Rent Ready Costs | $0 |
Closing Costs | $9,288.69 |
Seller Concessions | $0 |
Total Cost To Close: | $241,505.84 |
The monthly rent on this Property is $6,222.82 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$27,935 | $45,951 | $0 | $0 | $2,235 | $76,120 | |
$27,935 | $19,277 | $18,270 | $2,826 | $4,368 | $72,676 | |
$27,935 | $15,029 | $15,127 | $3,276 | $4,708 | $66,075 | |
$27,935 | $11,226 | $12,966 | $3,696 | $5,027 | $60,850 | |
$27,935 | $6,379 | $11,397 | $4,089 | $5,314 | $55,113 | |
$27,935 | $1,426 | $9,861 | $4,580 | $5,681 | $49,483 | |
$27,935 | -$2,582 | $8,805 | $5,004 | $6,002 | $45,164 | |
$27,935 | -$6,962 | $7,862 | $5,468 | $6,352 | $40,656 | |
$27,929 | -$3,886 | $6,787 | $5,745 | $6,221 | $42,796 | |
Totals: | $251,407 | $85,858 | $91,075 | $34,685 | $45,908 | $508,934 |
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
- 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
- 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
- Paid Off Mortgage
- Final Month Summary
Reports