The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Sparks, Nevada Rental Property 6 Property
Bought in Month 410
We have a Rule that has you buying the Typical 20% Down Payment Sparks, Nevada Rental Property 6 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 410 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Sparks, Nevada Rental Property 6 Property, we're assuming you're getting a 20% down payment loan. With a $1,298,809.62 purchase price that means you need to have $259,761.92 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($12,988.10) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $259,761.92 |
Rent Ready Costs | $0 |
Closing Costs | $12,988.10 |
Seller Concessions | $0 |
Total Cost To Close: | $272,750.02 |
The monthly rent on this Property is $7,188.94 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$39,060 | $0 | $0 | $0 | $1,034 | $40,095 | |
$39,060 | $19,888 | $24,593 | $4,297 | $5,270 | $93,108 | |
$39,060 | $9,301 | $18,997 | $5,194 | $6,000 | $78,552 | |
$39,060 | $724 | $15,587 | $6,006 | $6,669 | $68,047 | |
$39,060 | -$7,076 | $13,314 | $6,744 | $7,277 | $59,320 | |
$39,060 | -$13,538 | $11,682 | $7,424 | $7,844 | $52,472 | |
$39,052 | -$13,659 | $9,647 | $8,032 | $7,787 | $50,860 | |
Totals: | $273,415 | -$4,359 | $93,819 | $37,697 | $41,882 | $442,453 |
* 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 $10,000 and a Ideal Target Monthly Income in Retirement™ of $15,000 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
- 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
- Paid Off Mortgage
- Final Month Summary
Reports