The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Billings, Montana Rental Property 10 Property
Bought in Month 495
We have a Rule that has you buying the Typical 20% Down Payment Billings, Montana 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 495 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $1,032,970.26 purchase price that means you need to have $206,594.05 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($10,329.70) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $206,594.05 |
Rent Ready Costs | $0 |
Closing Costs | $10,329.70 |
Seller Concessions | $0 |
Total Cost To Close: | $216,923.75 |
The monthly rent on this Property is $6,470.20 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$31,066 | $51,995 | $0 | $0 | $1,986 | $85,046 | |
$31,066 | $50,813 | $0 | $0 | $1,975 | $83,854 | |
$31,066 | $19,213 | $22,898 | $3,044 | $4,488 | $80,709 | |
$31,066 | $14,207 | $18,725 | $3,528 | $4,889 | $72,415 | |
$31,066 | $8,403 | $15,312 | $4,090 | $5,353 | $64,225 | |
$31,066 | $3,101 | $13,036 | $4,604 | $5,777 | $57,584 | |
$31,066 | -$2,866 | $11,098 | $5,182 | $6,255 | $50,734 | |
$31,066 | -$6,125 | $10,240 | $5,497 | $6,515 | $47,193 | |
$31,066 | -$11,389 | $9,075 | $6,007 | $6,936 | $41,695 | |
$31,059 | -$9,703 | $7,672 | $6,388 | $6,816 | $42,234 | |
Totals: | $310,649 | $117,650 | $108,058 | $38,340 | $50,990 | $625,687 |
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
- 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
- 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