The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Columbia, Missouri Rental Property 5 Property
Bought in Month 390
We have a Rule that has you buying the Typical 20% Down Payment Columbia, Missouri Rental Property 5 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 390 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Columbia, Missouri Rental Property 5 Property, we're assuming you're getting a 20% down payment loan. With a $618,707.46 purchase price that means you need to have $123,741.49 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($6,187.07) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $123,741.49 |
Rent Ready Costs | $0 |
Closing Costs | $6,187.07 |
Seller Concessions | $0 |
Total Cost To Close: | $129,928.57 |
The monthly rent on this Property is $3,695.41 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$18,607 | $0 | $0 | $0 | $1,288 | $19,895 | |
$18,607 | $3,558 | $13,130 | $1,882 | $3,191 | $40,368 | |
$18,607 | -$985 | $9,974 | $2,304 | $3,537 | $33,436 | |
$18,607 | -$7,310 | $7,204 | $2,925 | $4,052 | $25,478 | |
$18,607 | -$14,264 | $5,473 | $3,580 | $4,591 | $17,987 | |
$18,603 | -$13,331 | $4,595 | $3,826 | $4,542 | $18,236 | |
Totals: | $111,638 | -$32,332 | $40,376 | $14,518 | $21,202 | $155,401 |
* Denotes a property that had no rent for at least part of the period covered. |
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
- 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
- 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
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports