The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Omaha, Nebraska Rental Property 7 Property
Bought in Month 626
We have a Rule that has you buying the Typical 20% Down Payment Omaha, Nebraska 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 626 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Omaha, Nebraska Rental Property 7 Property, we're assuming you're getting a 20% down payment loan. With a $1,114,512.95 purchase price that means you need to have $222,902.59 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($11,145.13) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $222,902.59 |
Rent Ready Costs | $0 |
Closing Costs | $11,145.13 |
Seller Concessions | $0 |
Total Cost To Close: | $234,047.72 |
The monthly rent on this Property is $7,651.63 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$33,518 | $38,473 | $0 | $0 | $4,047 | $76,039 | |
$33,518 | $38,671 | $0 | $0 | $4,049 | $76,238 | |
$33,518 | $38,473 | $0 | $0 | $4,047 | $76,039 | |
$33,518 | -$2,121 | $19,341 | $3,931 | $7,295 | $61,964 | |
$33,518 | -$9,999 | $15,193 | $4,694 | $7,925 | $51,331 | |
$33,518 | -$19,405 | $11,934 | $5,604 | $8,678 | $40,329 | |
$33,511 | -$26,778 | $8,278 | $6,893 | $9,267 | $31,172 | |
Totals: | $234,618 | $57,316 | $54,746 | $21,121 | $45,309 | $413,110 |
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
- Paid Off Mortgage
- 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
- 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
- Paid Off Mortgage
- Achieved Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Final Month Summary
Reports