The Real Estate Financial Planner Blueprint™
33 10 25% Down Rental Properties (no Owner-Occupant)
Purchased Typical 25% Down Payment Yonkers, New York Rental Property 7 Property
Bought in Month 1123
We have a Rule that has you buying the Typical 25% Down Payment Yonkers, New York 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 1123 after we've adjusted for all the income and expenses for the entire month.
To purchase the Typical 25% Down Payment Yonkers, New York Rental Property 7 Property, we're assuming you're getting a 25% down payment loan. With a $9,318,373.71 purchase price that means you need to have $2,329,593.43 for down payment.
The total cost to close must also include the rent ready costs ($0) and closing costs ($93,183.74) minus any seller concessions ($0).
Description | Amount |
---|---|
Down Payment | $2,329,593.43 |
Rent Ready Costs | $0 |
Closing Costs | $93,183.74 |
Seller Concessions | $0 |
Total Cost To Close: | $2,422,777.16 |
The monthly rent on this Property is $39,965.11 per month.
Return in Dollars + Reserves
Property | Appreciation | Cash Flow | Debt Paydown | Cash Flow from Deprec.™ | +12 Mos Reserves @ 8% | RID+R12™ Total |
---|---|---|---|---|---|---|
$280,241 | $193,637 | $0 | $0 | $22,283 | $496,160 | |
$280,241 | $193,637 | $0 | $0 | $22,283 | $496,160 | |
$280,241 | $193,637 | $0 | $0 | $22,283 | $496,160 | |
$280,241 | $192,591 | $0 | $0 | $22,273 | $495,105 | |
$280,241 | -$110,082 | $160,089 | $31,518 | $46,026 | $407,791 | |
$280,241 | -$188,504 | $115,054 | $40,820 | $53,134 | $300,745 | |
$280,184 | -$307,680 | $68,083 | $57,630 | $62,295 | $160,511 | |
Totals: | $1,961,628 | $167,236 | $343,225 | $129,967 | $250,577 | $2,852,633 |
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 $14,000 and a Ideal Target Monthly Income in Retirement™ of $21,000 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
- 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
- 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
- Final Month Summary
Reports