The Real Estate Financial Planner Blueprint™
32 10 20% Down Rental Properties (no Owner-Occupant)
Purchased Typical 20% Down Payment Sparks, Nevada Rental Property 10 Property
Bought in Month 553
We have a Rule that has you buying the Typical 20% Down Payment Sparks, Nevada 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 553 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 10 Property, we're assuming you're getting a 20% down payment loan. With a $1,847,236.17 purchase price that means you need to have $369,447.23 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($18,472.36) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $369,447.23 |
Rent Ready Costs | $0 |
Closing Costs | $18,472.36 |
Seller Concessions | $0 |
Total Cost To Close: | $387,919.60 |
The monthly rent on this Property is $10,224.49 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$55,554 | $88,726 | $0 | $0 | $2,423 | $146,703 | |
$55,554 | $91,668 | $0 | $0 | $2,449 | $149,672 | |
$55,554 | $30,786 | $38,809 | $5,662 | $7,106 | $137,916 | |
$55,554 | $21,473 | $31,736 | $6,563 | $7,851 | $123,177 | |
$55,554 | $12,966 | $27,018 | $7,387 | $8,531 | $111,456 | |
$55,554 | $3,715 | $22,543 | $8,438 | $9,414 | $99,664 | |
$55,554 | -$4,639 | $20,523 | $9,041 | $9,892 | $90,371 | |
$55,554 | -$13,296 | $18,189 | $9,879 | $10,585 | $80,911 | |
$55,554 | -$22,756 | $16,121 | $10,795 | $11,342 | $71,055 | |
$55,543 | -$16,522 | $13,720 | $11,424 | $11,105 | $75,270 | |
Totals: | $555,526 | $192,122 | $188,660 | $69,189 | $80,697 | $1,086,196 |
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