The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Sparks, Nevada Rental Property 7 Property
Bought in Month 458
We have a Rule that has you buying the Typical 20% Down Payment Sparks, Nevada 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 458 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 7 Property, we're assuming you're getting a 20% down payment loan. With a $1,461,821.67 purchase price that means you need to have $292,364.33 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($14,618.22) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $292,364.33 |
Rent Ready Costs | $0 |
Closing Costs | $14,618.22 |
Seller Concessions | $0 |
Total Cost To Close: | $306,982.55 |
The monthly rent on this Property is $8,091.21 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$43,963 | $70,212 | $0 | $0 | $1,918 | $116,092 | |
$43,963 | $23,933 | $28,720 | $4,707 | $5,827 | $107,149 | |
$43,963 | $12,161 | $22,334 | $5,662 | $6,599 | $90,718 | |
$43,963 | $2,848 | $18,264 | $6,563 | $7,344 | $78,982 | |
$43,963 | -$5,659 | $15,548 | $7,387 | $8,024 | $69,264 | |
$43,963 | -$15,244 | $12,973 | $8,438 | $8,904 | $59,034 | |
$43,954 | -$15,373 | $10,858 | $9,041 | $8,764 | $57,244 | |
Totals: | $307,731 | $72,879 | $108,696 | $41,798 | $47,380 | $578,483 |
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
- 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
- Paid Off Mortgage
- Achieved 2 X Ideal Financial Independence Goal
- Paid Off Mortgage
- Paid Off Mortgage
- Final Month Summary
Reports