The Real Estate Financial Planner Blueprint™
03 1 5% Down Primary Then 9 20% Down Rental Properties
Purchased Typical 20% Down Payment Manchester, New Hampshire Rental Property 8 Property
Bought in Month 617
We have a Rule that has you buying the Typical 20% Down Payment Manchester, New Hampshire Rental Property 8 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 617 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 20% Down Payment Manchester, New Hampshire Rental Property 8 Property, we're assuming you're getting a 20% down payment loan. With a $1,570,774.39 purchase price that means you need to have $314,154.88 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($15,707.74) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $314,154.88 |
Rent Ready Costs | $0 |
Closing Costs | $15,707.74 |
Seller Concessions | $0 |
Total Cost To Close: | $329,862.62 |
The monthly rent on this Property is $9,217.17 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$47,239 | $0 | $0 | $0 | $3,147 | $50,386 | |
$47,239 | $58,667 | $0 | $0 | $4,018 | $109,925 | |
$47,239 | $57,945 | $0 | $0 | $4,012 | $109,197 | |
$47,239 | $3,697 | $29,843 | $5,184 | $8,288 | $94,251 | |
$47,239 | -$890 | $26,097 | $5,720 | $8,740 | $86,906 | |
$47,239 | -$10,584 | $21,629 | $6,566 | $9,430 | $74,282 | |
$47,239 | -$18,793 | $18,047 | $7,501 | $10,215 | $64,208 | |
$47,239 | -$31,251 | $15,058 | $8,568 | $11,084 | $50,698 | |
$47,230 | -$34,235 | $11,667 | $9,714 | $11,386 | $45,762 | |
Totals: | $425,145 | $24,556 | $122,339 | $43,253 | $70,320 | $685,614 |
* 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 $8,000 and a Ideal Target Monthly Income in Retirement™ of $12,000 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
- 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
- Bought New Dynamic Property Based On Rule Buy Property When Account Has Down Payment
- Paid Off Mortgage
- 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
- Paid Off Mortgage
- Final Month Summary
Reports