The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment St Paul, Minnesota Rental Property 7 Property
Bought in Month 421
We have a Rule that has you buying the Typical 20% Down Payment St Paul, Minnesota Rental Property 7 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 421 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment St Paul, Minnesota Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $745,223.33 purchase price that means you need to have $149,044.67 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($7,452.23) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $149,044.67 |
Rent Ready Costs | $0 |
Closing Costs | $7,452.23 |
Seller Concessions | $0 |
Total Cost To Close: | $156,496.90 |
The monthly rent on this Property is $5,244.34 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$22,412 | $39,783 | $0 | $0 | $1,835 | $64,030 | |
$22,412 | $16,720 | $16,687 | $2,180 | $3,631 | $61,629 | |
$22,412 | $11,063 | $12,890 | $2,635 | $3,999 | $52,998 | |
$22,412 | $5,783 | $10,125 | $3,146 | $4,421 | $45,887 | |
$22,412 | $608 | $8,280 | $3,647 | $4,835 | $39,782 | |
$22,412 | -$4,119 | $7,049 | $4,105 | $5,213 | $34,659 | |
$22,407 | -$3,884 | $5,535 | $4,609 | $5,329 | $33,995 | |
Totals: | $156,878 | $65,954 | $60,564 | $20,322 | $29,263 | $332,981 |
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 $6,000 and a Ideal Target Monthly Income in Retirement™ of $9,000 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
- Achieved Financial Independence Goal
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports