The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Billings, Montana Rental Property 9 Property
Bought in Month 395
We have a Rule that has you buying the Typical 20% Down Payment Billings, Montana 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 395 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Billings, Montana Rental Property 9 Property, we're assuming you're getting a 20% down payment loan. With a $807,441.27 purchase price that means you need to have $161,488.25 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($8,074.41) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $161,488.25 |
Rent Ready Costs | $0 |
Closing Costs | $8,074.41 |
Seller Concessions | $0 |
Total Cost To Close: | $169,562.67 |
The monthly rent on this Property is $5,057.56 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$24,283 | $0 | $0 | $0 | $1,072 | $25,355 | |
$24,283 | $15,267 | $17,251 | $2,444 | $3,571 | $62,816 | |
$24,283 | $11,307 | $14,060 | $2,841 | $3,899 | $56,390 | |
$24,283 | $7,729 | $11,889 | $3,213 | $4,209 | $51,323 | |
$24,283 | $3,274 | $10,362 | $3,555 | $4,483 | $45,957 | |
$24,283 | -$162 | $9,215 | $3,875 | $4,746 | $41,956 | |
$24,283 | -$2,439 | $8,333 | $4,172 | $4,999 | $39,348 | |
$24,283 | -$6,569 | $7,586 | $4,470 | $5,236 | $35,005 | |
$24,283 | -$9,331 | $6,883 | $4,801 | $5,515 | $32,151 | |
$24,278 | -$6,568 | $5,997 | $4,994 | $5,341 | $34,041 | |
Totals: | $242,825 | $12,507 | $91,576 | $34,363 | $43,070 | $424,341 |
* 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 $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
- 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
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports